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, 1-bathroom apartment of 97 m², built in 1995, energy rating F. Located on rua Mário Sacramento, Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. Noteworthy Features: The top-floor apartment offers complete privacy and quietness, ideal for a rental investment, while its renovation enhances the appeal for both tenants and homeowners.
The valuation. The asking price of €225,000 is below the fair value of €252,628, making it an attractive opportunity, underpriced by €27,628 (10.9%).
Fair value modelled at €252,628 from 6 comparable sales in the area. Asking €225,000 sits €27,628 (10.9%) below — the upside to fair value.
Asking €225,000 versus the rua Mário Sacramento area baseline of €193,232 (€1,992/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 €193,232, adjusted for condition and micro-location, gives a modelled fair value of €252,628 (€2,604/m²), a €27,628 (10.9%) gap versus the €225,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Mário Sacramento | Subject | €225,000 | €2,320 | — | 72 | 55 |
| avenida Bento de Jesus Caraça, 75 | Active | €195,000 | €2,378 | 2.5% | 68 | 53 |
| rua Jacob Azambuja | Active | €340,000 | €2,267 | 2.3% | 73 | 49 |
| largo Manuel da Luz Graça, 11 | Active | €205,000 | €2,253 | 2.9% | 64 | 58 |
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · b3298f | Active | €244,000 | €3,536 | 52.5% | 70 | 51 |
| Median comp | €224,500 | €2,323 | 0.1% | 69 | 52 |
Long-term rental The property presents a good opportunity for long-term rental, as it is currently listed at €225,000, which is 10.9% below its fair value of €252,628. With a gross yield of 4.9%, it promises a steady income stream in a suburban area of Setúbal that remains stable amid mixed economic conditions. Buy-and-hold Investing in this apartment aligns with a buy-and-hold strategy, given its subvalorizada status that reflects a price below fair market value, allowing for capital appreciation over time. The 4.9% yield indicates potential for long-term growth, even in an industrial neighborhood with average amenities and tenant quality. Value-add renovation A value-add renovation strategy could significantly enhance the property’s appeal, especially since it is currently rated 75/100 in condition. By improving the apartment in a moderately stable area, this investment could capitalize on its current subvalorizada status and yield strong returns in the long run.
Economic and Tenant Instability The combined scores of 60 for economic stability and 55 for tenant stability suggest a heightened risk of fluctuating income and potential vacancy issues in the property investment.
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