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.
4-bedroom, 2-bathroom apartment of 100 m², energy rating E. Located Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) parish, Setúbal municipality, Setúbal district. This apartment features a spacious balcony perfect for outdoor relaxation, and its location benefits from proximity to local parks and amenities.
The valuation. The asking price of €399,000 is €29,795 above the fair value of €369,205, representing an 8.1% variance. Verdict: fair. Buy-to-flip angle. The property could be renovated further for a resale strategy, targeting the growing buyer demand in Setúbal's market. Buy-to-let angle. A rental income strategy could generate a gross yield of 2.5%, approximately €831 per month, appealing to long-term tenants in the rural setting.
Fair value modelled at €369,205 from 6 comparable sales in the area. Asking €399,000 sits €29,795 (8.1%) above — overpriced versus fair value.
Asking €399,000 versus the Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça), Setúbal, Setúbal area baseline of €290,526 (€2,905/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 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 €290,526, adjusted for condition and micro-location, gives a modelled fair value of €369,205 (€3,692/m²), a €29,795 (8.1%) gap versus the €399,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · 7ca977 | Subject | €399,000 | €3,990 | — | 76 | 51 |
| rua Tenente Jean Raymond | Active | €320,000 | €4,267 | 6.9% | 78 | 58 |
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · 8315c7 | Active | €305,000 | €3,765 | 5.6% | 81 | 51 |
| rua Nossa Senhora Carmo, 26 | Active | €279,900 | €3,635 | 8.9% | 75 | 55 |
| rua dos Quatro Caminhos | Active | €295,000 | €3,352 | 16.0% | 72 | 54 |
| Median comp | €300,000 | €3,700 | 7.3% | 77 | 55 |
Long-term rental The property’s yield of 2.5% gross is indicative of a stable rental income, although limited economic growth in the rural location may restrain substantial rent increases. Given the fair valuation at €399,000, prospective investors could see moderate rental performance but should account for potential economic challenges. Buy-and-hold While the property is fair at a value of €399,000, the neighbourhood's average rating of 51/100 suggests limited appreciation potential over time, resulting in a conservative investment outlook. Investors may find it prudent to maintain the property for the long term while monitoring local market conditions for any future changes in property values.
[High Economic Risk] With an economic stability score of only 40/100, the property is exposed to significant risk of declining rental income and increased vacancy rates due to adverse economic conditions.
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