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.
0-bedroom, 1-bathroom apartment of 75 m², built in 1974, energy rating D. Located on estrada de Benfica, Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. Noteworthy Features: The apartment's original terrazzo flooring and patterned tile wainscoting reflect a distinctive retro style, while its panoramic views exceed typical urban expectations.
The valuation. There are not enough comparable sales in this area yet to establish a reliable fair-value estimate. Therefore, it is difficult to determine if the current listing is appropriate for the market. Buy-to-flip angle. Given the mid-range quality of the property, a buy-to-flip strategy might involve cosmetic renovations to enhance appeal and attract buyers looking for updated features in a mixed neighbourhood. Its location in Setúbal presents potential for quick resale, assuming the property meets updated aesthetic trends in demand. Buy-to-let angle. With an estimated gross yield of 2.2%, the rental income strategy would focus on long-term tenants, taking advantage of Setúbal's proximity to amenities and services. This could foster stable monthly income, positioning the property as a desirable rental option in the area.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| estrada de Benfica | Subject | €450,000 | €6,000 | — | 42 | 53 |
| praceta Manuel Rodrigues Coelho, 8 | Active | €190,000 | €4,419 | 26.4% | 38 | 50 |
| Gâmbia-Pontes-Alto da Guerra · 032514 | Active | €150,000 | €2,419 | 59.7% | — | 58 |
| rua Jardim de São Bernardo, 1 | Active | €210,000 | €3,000 | 50.0% | 30 | 53 |
| Setúbal (São Sebastião) · 911270 | Active | €230,000 | €4,340 | 27.7% | 60 | 43 |
| Median comp | €200,000 | €3,670 | 38.8% | 38 | 52 |
Long-term rental This property offers a steady yield of 2.2%, making it a viable option for long-term rental in the Setúbal market, which is influenced by its proximity to economic hubs and essential amenities. However, the property's condition rating of 39/100 suggests a need for maintenance, which could impact tenant retention and rental growth potential if not addressed. Buy-and-hold Holding this asset in the Setúbal area allows for potential appreciation over time as the local economy and social factors evolve, fueled by infrastructure improvements and demographic shifts. The overall housing market shows promise, although current neighborhood ratings of 53/100 indicate there is room for improvement in tenant quality and amenities, which can enhance property value. Value-add renovation With a condition score of 39/100, investing in renovations presents an opportunity to significantly increase the property’s appeal, allowing for higher rental income and eventual capital appreciation. Renovating could also elevate the neighborhood's perception, attracting a better quality tenant base and enhancing overall returns. Not ideal for short-term vacation rental, luxury market, and student housing This property lacks attributes desirable for short-term vacation rentals and luxury markets, given its lower condition rating and neighborhood quality. Additionally, the rural characteristics limit the appeal for student housing, due to fewer nearby amenities and educational institutions.
Economic Downturn Risk The property has a low economic stability score of 50/100, indicating potential vulnerability to economic downturns which may impact rental income.
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Not enough comparable sales in this area to confidently estimate a fair value.
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