This listing includes AI condition scoring, neighbourhood intelligence, and market valuation data — giving you a complete picture before you visit. Compare rental yield, price per square metre, and location strength against the broader Portuguese market to assess whether this property fits your investment strategy.
3-bedroom, 2-bathroom apartment of 100 m² on the 1st floor. Located Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) parish, Setúbal municipality, Setúbal district. This apartment features two spacious balconies offering pleasant views and abundant natural light, while the retro kitchen adds unique character to the contemporary living space.
The valuation. The asking price of €299,000 is slightly below fair value at €311,908, indicating a difference of €12,908 (4.1%). This positioning suggests a balanced investment opportunity without significant immediate downside.
Fair value modelled at €311,908 from 6 comparable sales in the area. Asking €299,000 sits €12,908 (4.1%) below — the upside to fair value.
Asking €299,000 versus the Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça), Setúbal, Setúbal area baseline of €245,563 (€2,456/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €245,563, adjusted for condition and micro-location, gives a modelled fair value of €311,908 (€3,119/m²), a €12,908 (4.1%) gap versus the €299,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · 375040 | Subject | €299,000 | €2,990 | — | 70 | 48 |
| Setúbal (São Sebastião) · 4a4596 | Active | €290,000 | €2,843 | 4.9% | 73 | 56 |
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · 25f8ff | Active | €515,000 | €3,388 | 13.3% | 73 | 57 |
| Setúbal (São Sebastião) · 652fce | Active | €285,000 | €2,850 | 4.7% | 74 | 39 |
| Setúbal (São Sebastião) · 0dcf31 | Active | €449,000 | €3,773 | 26.2% | 73 | 44 |
| Median comp | €369,500 | €3,119 | 4.3% | 73 | 50 |
Buy-and-hold The current fair value of €311,908 indicates that this property is fairly priced, presenting a stable long-term investment option with a gross yield of 4.2%. However, the peripheral location and average neighborhood score of 48/100 may limit potential capital appreciation over time. Family rental This apartment serves as a reasonable candidate for family rental due to the decent size and fair pricing relative to the market. Nevertheless, the local schools' lack of high-performance options may impact demand for rental units from families seeking quality education for their children. Value-add renovation While renovations could potentially enhance the appeal and value of the property, the current fair pricing at €299,000 suggests that it is not particularly undervalued for significant immediate gains. Also, considering the neighborhood's deficiency in amenities and a low tenant quality rating, the costs of renovations might outweigh the benefits in the short term.
Economic Instability Risk The property is at risk due to a low economic stability score of 45/100, which may indicate potential challenges in securing reliable tenant occupancy or rent payments.
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