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.
2-bedroom, 0-bathroom apartment of 88 m² on the 3rd floor, energy rating F. Located Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. This apartment features a sunroom accessible from one bedroom, enhancing its versatility and appeal for relaxation or additional living space.
The valuation. The asking price of €295,000 is slightly below the fair value of €305,813, representing a difference of €10,813, or 3.5%. This property is fairly priced, making it an attractive option for potential investors.
Fair value modelled at €305,813 from 6 comparable sales in the area. Asking €295,000 sits €10,813 (3.5%) below — the upside to fair value.
Asking €295,000 versus the Setúbal (São Sebastião), Setúbal, Setúbal area baseline of €245,124 (€2,786/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 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 €245,124, adjusted for condition and micro-location, gives a modelled fair value of €305,813 (€3,475/m²), a €10,813 (3.5%) gap versus the €295,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Setúbal (São Sebastião) · 800455 | Subject | €295,000 | €3,352 | — | 80 | 50 |
| rua Abel Salazar, 19 | Active | €238,000 | €3,306 | 1.4% | 85 | 41 |
| rua São Joaquim, 33 | Active | €277,000 | €3,645 | 8.7% | 75 | 39 |
| rua dos Almocreves | Active | €230,000 | €4,182 | 24.7% | 74 | 58 |
| rua Malmequeres | Active | €249,000 | €2,798 | 16.5% | 72 | 48 |
| Median comp | €243,500 | €3,476 | 3.7% | 75 | 45 |
Long-term rental The property presents a 3.4% gross yield, well-suited for a stable long-term rental income strategy. Given its fair valuation of €295,000 against a fair value of €305,813, it offers moderate risk in a stable rural area focused on agriculture. Value-add renovation With a condition rating of 78/100, there is potential to enhance the apartment through strategic renovations, increasing both tenant appeal and potential rent. The gap towards fair value of 3.5% indicates that while the property is not undervalued, there remains room for value creation in the long term through careful upgrades.
Low Economic Resilience With an economic stability score of 40/100, the property is at risk of declining demand and potential investment losses due to weak local economic conditions.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
