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 115 m² on the 1st floor, energy rating C. Located on avenida Rodrigues Manito, Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) parish, Setúbal municipality, Setúbal district. Noteworthy Features: This apartment boasts a dedicated office space, ideal for remote work, and a balcony providing a rare outdoor area in a central urban setting.
The valuation. The asking price of €365,000 sits €38,568 (11.8%) above the fair value of €326,432, indicating that the property is overpriced in the current market. Investors should be cautious and consider potential negotiation opportunities.
Fair value modelled at €326,432 from 6 comparable sales in the area. Asking €365,000 sits €38,568 (11.8%) above — overpriced versus fair value.
Asking €365,000 versus the avenida Rodrigues Manito area baseline of €245,763 (€2,137/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 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 €245,763, adjusted for condition and micro-location, gives a modelled fair value of €326,432 (€2,839/m²), a €38,568 (11.8%) gap versus the €365,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Rodrigues Manito | Subject | €365,000 | €3,174 | — | 85 | 48 |
| Setúbal (São Sebastião) · 375119 | Active | €342,900 | €2,679 | 15.6% | 72 | 56 |
| avenida de Angola | Active | €349,000 | €3,173 | 0% | 76 | 47 |
| praça de Portugal | Active | €368,000 | €2,767 | 12.8% | 80 | 53 |
| avenida Luísa Todi | Active | €340,000 | €3,656 | 15.2% | 75 | 56 |
| Median comp | €345,950 | €2,970 | 6.4% | 76 | 55 |
Long-term rental This 3-bed apartment in Setúbal is overpriced at €365,000 when the fair value is €326,432, representing an 11.8% gap. With a 3.5% gross yield and a neighborhood rating of only 48/100, the property may struggle to attract long-term tenants and generate consistent rental income. Buy-and-hold Acquiring this property as a buy-and-hold investment is not advisable due to its overpriced listing and moderate gross yield of 3.5%. The combination of its 81/100 condition and subpar neighborhood rating suggests that long-term appreciation may be limited, making it a less attractive investment.
Economic Sensitivity The low economic stability score of 45/100 indicates a higher risk of market fluctuations impacting rental income and property value.
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