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, 1-bathroom apartment of 61 m² on the 3rd floor, energy rating C. Located on rua de Aljubarrota, 9, Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. This apartment features a charming balcony that enhances the living space with outdoor accessibility and offers pleasant views of the surrounding area.
The valuation. The asking price of €240,000 is €21,431 above the fair value of €218,569, representing a 9.8% premium. This indicates that the property is accurately valued according to current market conditions.
Fair value modelled at €218,569 from 6 comparable sales in the area. Asking €240,000 sits €21,431 (9.8%) above — overpriced versus fair value.
Asking €240,000 versus the rua de Aljubarrota, 9 area baseline of €206,557 (€3,386/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 54/100 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 €206,557, adjusted for condition and micro-location, gives a modelled fair value of €218,569 (€3,583/m²), a €21,431 (9.8%) gap versus the €240,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua de Aljubarrota, 9 | Subject | €240,000 | €3,934 | — | 60 | 53 |
| rua Camilo Castelo Branco, 136 | Active | €259,000 | €3,453 | 12.2% | 52 | 50 |
| Setúbal (São Sebastião) · 5b85ae | Active | €265,000 | €4,344 | 10.4% | — | 53 |
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · ee8872 | Active | €269,000 | €4,339 | 10.3% | 65 | 49 |
| avenida Infante Dom Henrique, 22 | Active | €185,000 | €2,467 | 37.3% | 60 | 57 |
| Median comp | €262,000 | €3,896 | 1.0% | 60 | 52 |
Long-term rental While the property offers a reasonable gross yield of 3.5%, the gap between the listing price of €240,000 and the fair value of €218,569 indicates a minor overvaluation of 9.8%. Given the moderate tenant quality and amenities in Setúbal, long-term rental potential may be limited. Family rental With a fair valuation suggesting the property is appropriately priced, it could potentially serve as a stable family rental option if adequately maintained. However, the neighborhood's moderate amenities and economic opportunities may deter some family-oriented tenants looking for more vibrant environments. Buy-and-hold Investing in this 2-bed apartment for a buy-and-hold strategy may provide modest returns, given the fair valuation and a competitive rental yield of 3.5%. Nevertheless, the condition rating of 54/100 and overall neighborhood quality could pose challenges in attracting long-term tenants with higher expectations.
Low economic and tenant stability risk The property has a low economic stability score of 50 and a tenant stability score of 60, indicating potential challenges in maintaining consistent rental income.
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
