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 125 m² on the 2nd floor, built in 1997, energy rating C. Located Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) parish, Setúbal municipality, Setúbal district. Noteworthy Features: This apartment includes two balconies, enhancing outdoor space options, while the potential purchase of a closed garage offers convenient parking directly accessible from the street.
The valuation. The asking price of €345,000 is €44,233 (11.4%) under the fair value of €389,233. This property presents an appealing investment opportunity due to its competitive pricing compared to the market.
Fair value modelled at €389,233 from 6 comparable sales in the area. Asking €345,000 sits €44,233 (11.4%) below — the upside to fair value.
Asking €345,000 versus the Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça), Setúbal, Setúbal area baseline of €319,974 (€2,560/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 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 €319,974, adjusted for condition and micro-location, gives a modelled fair value of €389,233 (€3,114/m²), a €44,233 (11.4%) gap versus the €345,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · 2fcdf6 | Subject | €345,000 | €2,760 | — | 69 | 46 |
| rua Doutor Armando Lopes, 5 | Active | €555,000 | €3,227 | 16.9% | 72 | 49 |
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · 001756 | Active | €279,000 | €3,207 | 16.2% | 70 | 51 |
| Setúbal (São Sebastião) · 375119 | Active | €342,900 | €2,679 | 2.9% | 72 | 56 |
| rua Gil Eanes, 12 | Active | €290,000 | €3,021 | 9.5% | 75 | 43 |
| Median comp | €316,450 | €3,114 | 12.8% | 72 | 50 |
Long-term rental This 3-bed apartment in Setúbal offers an attractive yield of 4.1% gross, indicating strong potential for sustained income in the long term. With a fair value of €389,233 and a listing price of €345,000, investors can capitalize on the 11.4% gap to achieve strong returns. Buy-and-hold The property is strategically positioned in a rural area, where limited development can provide a degree of exclusivity and stability for long-term growth. As the apartment is currently listed below its fair value, it presents an opportunistic entry point for investors looking to hold for appreciation over time.
Low Economic and Tenant Stability The property is at risk due to a low economic stability score of 40/100 and a tenant stability score of 50/100, indicating potential issues in attracting and retaining reliable tenants leading to reduced cash flow.
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