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 89 m², built in 1989, energy rating F. Located Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. Noteworthy Features: This apartment boasts electric blinds and floating flooring, enhancing its modern functionality and aesthetic appeal while supporting energy efficiency despite the overall energy rating of F.
The valuation. The asking price of €295,000 sits slightly below fair value at €305,291, indicating a difference of €10,291 or 3.4%. This verdict classifies the property as fairly priced. Buy-to-flip angle. The plan involves cosmetic upgrades to the 2-bedroom apartment, making it more appealing to potential buyers while capitalizing on its high-quality finishes for a quicker resale. Minimal renovation investment could yield significant profits. Buy-to-let angle. This property can generate an estimated rental income of €811/month, translating to a gross yield of 3.3%. Targeting families seeking long-term housing in a mixed neighborhood may ensure stable cash flow.
Fair value modelled at €305,291 from 5 comparable sales in the area. Asking €295,000 sits €10,291 (3.4%) below — the upside to fair value.
Asking €295,000 versus the Setúbal (São Sebastião), Setúbal, Setúbal area baseline of €245,515 (€2,759/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 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 €245,515, adjusted for condition and micro-location, gives a modelled fair value of €305,291 (€3,430/m²), a €10,291 (3.4%) gap versus the €295,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Setúbal (São Sebastião) · 787f0f | Subject | €295,000 | €3,315 | — | 74 | 49 |
| Setúbal (São Sebastião) · a46619 | Active | €295,000 | €3,207 | 3.3% | 82 | 56 |
| rua Francisco José Mota, 27 | Active | €280,000 | €5,957 | 79.7% | 82 | 50 |
| Setúbal (São Sebastião) · 5b87ac | Active | €295,000 | €3,391 | 2.3% | 80 | 41 |
| Setúbal (São Sebastião) · 7caac8 | Active | €295,000 | €3,430 | 3.5% | 80 | 54 |
| Median comp | €295,000 | €3,411 | 2.9% | 81 | 52 |
Long-term rental The property has a fair value result of €305,291, which indicates its listed price of €295,000 is in line with market expectations. With a gross yield of 3.3%, this apartment may provide stable, but not exceptionally lucrative, long-term rental income. Value-add renovation Although the listing price aligns closely with its fair value, the property's condition, rated at 78/100, presents an opportunity for value-add renovations to enhance its appeal and potential returns. After targeted upgrades, the property could attract higher-quality tenants, though the neighborhood rating of 49/100 suggests limited demand will remain a challenge. Family rental The property's fair value at €305,291 coupled with its moderate gross yield of 3.3% indicates a balanced market position, making it a suitable candidate for family rentals. However, the proximity to an industrial area and the neighborhood's average crime perception may affect family desirability, reflecting the need for thorough market research before committing to a rental strategy.
Weak Economic and Tenant Stability The low economic stability score of 45 and tenant stability score of 55 suggests a high risk of fluctuating rental income and potential vacancies, impacting profitability.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Login Required
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.
Sign in to buy the report or use a credit
