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 91 m² on the 8th floor, built in 1986, energy rating E. Located Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. Location Advantage: This apartment is just minutes from the stunning beaches of Arrábida, offering residents easy access to outdoor activities and natural landscapes. Connectivity: Proximity to schools, shops, and hospitals enhances convenience for families.
The valuation. The asking price of €275,000 is slightly below the fair value of €288,801, representing a difference of €13,801 (4.8%). This indicates that the property is fairly valued.
Fair value modelled at €288,801 from 6 comparable sales in the area. Asking €275,000 sits €13,801 (4.8%) below — the upside to fair value.
Asking €275,000 versus the Setúbal (São Sebastião), Setúbal, Setúbal area baseline of €248,046 (€2,726/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 is below the parish average, reducing 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 €248,046, adjusted for condition and micro-location, gives a modelled fair value of €288,801 (€3,174/m²), a €13,801 (4.8%) gap versus the €275,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Setúbal (São Sebastião) · 800362 | Subject | €275,000 | €3,022 | — | 70 | 49 |
| praceta Professora Virgínia Rau | Active | €229,000 | €2,516 | 16.7% | 65 | 51 |
| Setúbal (São Sebastião) · 875061 | Active | €299,500 | €2,995 | 0.9% | 68 | 54 |
| rua dos Quatro Caminhos | Active | €295,000 | €3,352 | 10.9% | 72 | 54 |
| praceta Fernando Pessoa | Active | €299,000 | €3,360 | 11.2% | 55 | 48 |
| Median comp | €297,000 | €3,174 | 5.0% | 67 | 53 |
Long-term rental This 3-bed apartment in Setúbal presents a gross yield of 3.8%, which is reasonable given the fair valuation is close to the listing price. However, the neighbourhood's low quality rating of 49/100 may constrain tenant appeal and rental growth over time. Value-add renovation With a property condition score of 67/100, there is potential for value-add renovations to improve both rental desirability and asset value. Nonetheless, considering the current pricing at €275,000, which is just 4.8% below the fair value, significant cost-effective upgrades may be necessary to enhance returns in this limited market environment.
Low Economic Growth Risk The economic stability score of 40/100 indicates a potentially unstable market environment, which could lead to increased vacancy rates and lower rental income.
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