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, 2-bathroom apartment of 100 m² on the 6th floor, energy rating D. Located on avenida do Alentejo, 6, Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. This wheelchair-accessible apartment features two elevators and is situated in a thriving residential area with ample amenities, enhancing convenience and accessibility for families.
The valuation. The asking price of €299,500 is €27,139 (8.3%) below the fair value of €326,639, indicating that it is fairly valued. This suggests a reasonable alignment with market expectations, making it a stable investment option.
Fair value modelled at €326,639 from 5 comparable sales in the area. Asking €299,500 sits €27,139 (8.3%) below — the upside to fair value.
Asking €299,500 versus the avenida do Alentejo, 6 area baseline of €304,684 (€3,047/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 56/100 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 €304,684, adjusted for condition and micro-location, gives a modelled fair value of €326,639 (€3,266/m²), a €27,139 (8.3%) gap versus the €299,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida do Alentejo, 6 | Subject | €299,500 | €2,995 | — | 58 | 47 |
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · 19f506 | Active | €280,000 | €3,590 | 19.9% | 52 | 50 |
| Setúbal (São Sebastião) · 483b53 | Active | €328,000 | €3,216 | 7.4% | 48 | 49 |
| avenida República da Guiné-Bissau | Active | €363,000 | €3,559 | 18.8% | — | 58 |
| praça de Portugal, 6 | Active | €398,500 | €3,266 | 9.1% | — | 50 |
| Median comp | €345,500 | €3,413 | 13.9% | 50 | 50 |
Long-term rental This property presents a gross yield of 3.9%, which aligns well with the overall market expectations for Setúbal. Given the fair valuation status, it may generate stable returns, but investors should be aware of potential market fluctuations due to its lower neighborhood score of 47/100. Buy-and-hold Investing in this apartment for a long-term hold may prove beneficial due to proximity to Setúbal, providing some stability. However, with a fair value conclusion and a condition score of 56/100, future capital appreciation could be limited, necessitating careful consideration before purchase. Not ideal for luxury market This property does not cater to the luxury market segment, given its fair valuation and lower neighborhood score. Investors targeting high-end buyers may find limited appeal in this offering. Not ideal for short-term vacation rental The 3-bed apartment is not well-suited for a short-term vacation rental strategy, as evidenced by the fair valuation and moderate condition rating. The neighborhood's lower quality may also restrict attractiveness to transient guests seeking premium accommodations.
High Vacancy Risk The economic stability score of 40/100 combined with a tenant stability score of 50/100 indicates a significant risk of high vacancy rates, suggesting potential difficulty in securing reliable tenants.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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