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.
4-bedroom, 2-bathroom apartment of 137 m² on the 1st floor. Located on rua Frei António das Chagas, Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) parish, Setúbal municipality, Setúbal district. Noteworthy Features: The apartment features striking herringbone parquet flooring and high ceilings, offering an elegant backdrop, though some elements show signs of wear requiring attention for modernization.
The valuation. The current asking price of €285,000 sits €25,056 (8.1%) below the fair value of €310,056, indicating that the property is fairly valued. This suggests that potential buyers can expect a reasonable pricing in this investment.
Fair value modelled at €310,056 from 6 comparable sales in the area. Asking €285,000 sits €25,056 (8.1%) below — the upside to fair value.
Asking €285,000 versus the rua Frei António das Chagas area baseline of €276,070 (€2,015/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 61/100 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 €276,070, adjusted for condition and micro-location, gives a modelled fair value of €310,056 (€2,263/m²), a €25,056 (8.1%) gap versus the €285,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Frei António das Chagas | Subject | €285,000 | €2,080 | — | 55 | 54 |
| Setúbal (São Sebastião) · 2ce12d | Active | €109,500 | €995 | 52.1% | 48 | 55 |
| rua da Cerâmica, 28 | Active | €415,000 | €1,878 | 9.7% | — | 54 |
| rua São Luís Gonzaga, 1 | Active | €295,000 | €2,341 | 12.5% | — | 47 |
| rua Tenente Aviador Carlos Alves, 14 | Active | €285,000 | €2,478 | 19.1% | 64 | 43 |
| Median comp | €290,000 | €2,110 | 1.4% | 56 | 51 |
Long-term rental This property has a fair valuation of €310,056, indicating it is priced at a reasonable level for long-term rental strategies, with a gross yield of 4.6%. However, the lower neighborhood quality rating of 54/100 may impact tenant demand in this rural area, limiting rent growth potential. Buy-and-hold Investing in this 4-bed apartment could be suitable for a long-term buy-and-hold strategy, given its fair valuation against the market. The property’s condition, rated at 61/100, suggests it may require some maintenance efforts over time to maintain its value within the slower-paced rural Alentejo market.
High Economic Risk The property faces a significant threat due to a low economic stability score of 35/100, indicating potential challenges in market demand and local economic conditions.
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