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, 2-bathroom apartment of 110 m² on the 4th floor, built in 1995, energy rating D. Located Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) parish, Setúbal municipality, Setúbal district. This apartment features a spacious living room with a fireplace, enhancing its inviting atmosphere for family gatherings in a well-maintained building with modern aesthetics.
The valuation. The asking price of €340,000 is slightly below the fair value of €346,351, representing a difference of €6,351 or 1.8%. This positions the property as a fair investment opportunity in the current market.
Fair value modelled at €346,351 from 5 comparable sales in the area. Asking €340,000 sits €6,351 (1.8%) below — the upside to fair value.
Asking €340,000 versus the Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça), Setúbal, Setúbal area baseline of €290,399 (€2,640/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 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 €290,399, adjusted for condition and micro-location, gives a modelled fair value of €346,351 (€3,149/m²), a €6,351 (1.8%) gap versus the €340,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · 2fca3c | Subject | €340,000 | €3,091 | — | 70 | 55 |
| avenida Bento Jesus Caraça | Active | €199,900 | €2,856 | 7.6% | 65 | 44 |
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · 49b779 | Active | €470,000 | €3,917 | 26.7% | 74 | 51 |
| Setúbal (São Sebastião) · f46b4e | Active | €265,000 | €2,732 | 11.6% | 70 | 51 |
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · efdcfe | Active | €349,500 | €3,149 | 1.9% | 70 | 58 |
| Median comp | €307,250 | €3,003 | 2.9% | 70 | 51 |
Long-term rental The property offers a gross yield of 3.8%, which aligns with the expected returns in the Setúbal area. However, given the market conditions and fair value estimation, this investment remains at a non-premium position in the long-term rental segment. Value-add renovation With a condition rating of 68/100, there is an opportunity to enhance the apartment's value through renovations, potentially increasing both its rental yield and resale value. Yet, at a fair valuation of €346,351, the projection for significant upside remains limited without considerable investment in improvements.
Economic Vulnerability The property may face financial instability risks as indicated by a low economic stability score of 60/100 and a tenant stability score of 55/100, suggesting 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
