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 93 m², energy rating D. Located on avenida Bento de Jesus Caraça, 71, Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. This apartment boasts a prime central location on Avenida Bento de Jesus Caraça, providing immediate access to transport and essential services, enhancing its investment appeal.
The valuation. The asking price of €199,000 is €13,937 below the fair value of €212,937, indicating that the property is priced fairly, with a 6.5% margin below its market worth. Buy-to-flip angle. A buy-and-flip strategy could yield profit by renovating dated fixtures and enhancing finishes, capitalizing on the current fair valuation before resale. Buy-to-let angle. The estimated rental income of €779 per month translates to a gross yield of 4.7%, making it a viable long-term buy-and-hold investment given the rural location's rental demand.
Fair value modelled at €212,937 from 6 comparable sales in the area. Asking €199,000 sits €13,937 (6.5%) below — the upside to fair value.
Asking €199,000 versus the avenida Bento de Jesus Caraça, 71 area baseline of €210,890 (€2,268/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 44/100 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 €210,890, adjusted for condition and micro-location, gives a modelled fair value of €212,937 (€2,290/m²), a €13,937 (6.5%) gap versus the €199,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Bento de Jesus Caraça, 71 | Subject | €199,000 | €2,140 | — | 38 | 46 |
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · 57f840 | Active | €215,000 | €2,194 | 2.5% | 40 | 49 |
| Setúbal (São Sebastião) · 828f2b | Active | €400,000 | €2,286 | 6.8% | 40 | 43 |
| avenida Dom Manuel I | Active | €250,000 | €2,294 | 7.2% | 42 | 49 |
| rua Diogo Cão | Active | €225,000 | €2,368 | 10.7% | 45 | 47 |
| Median comp | €237,500 | €2,290 | 7.0% | 41 | 48 |
Long-term rental The property presents a fair investment opportunity with a yield of 4.7%, indicating potential for a steady income stream. However, considering its fair valuation relative to the market, investors should be cautious about further price appreciation in the current economic landscape. Buy-and-hold Owning this property for the long term could yield reasonable returns, yet with the current gap of 6.5% compared to fair value, the investment's upside is limited. The area's less diverse economy and relatively low neighborhood ratings suggest that future appreciation may be muted, making long-term gains uncertain.
Economic vulnerability The property faces significant economic risk due to a low economic stability score of 35/100, indicating a potentially unstable market environment.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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