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, 1-bathroom apartment of 90 m² on the 3rd floor, built in 2000, energy rating C. Located on rua Fernão Mendes Pinto, 2, Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. Noteworthy Features: The apartment includes three balconies enhancing its outdoor living space, and boasts modern wood-paneled ceilings that add character to the interiors.
The valuation. The asking price of €295,000 is slightly below the fair value of €298,393, sitting at a difference of €3,393 or 1.1%. This positioning indicates that the property is fairly priced in the current market.
Fair value modelled at €298,393 from 6 comparable sales in the area. Asking €295,000 sits €3,393 (1.1%) below — the upside to fair value.
Asking €295,000 versus the rua Fernão Mendes Pinto, 2 area baseline of €238,088 (€2,645/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 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 €238,088, adjusted for condition and micro-location, gives a modelled fair value of €298,393 (€3,315/m²), a €3,393 (1.1%) gap versus the €295,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Fernão Mendes Pinto, 2 | Subject | €295,000 | €3,278 | — | 72 | 59 |
| Setúbal (São Sebastião) · 57f7a1 | Active | €292,000 | €3,010 | 8.2% | 74 | 53 |
| rua da Electricidade, 5 | Active | €268,000 | €3,190 | 2.7% | 74 | 53 |
| rua de Arronches Junqueiro, 58 | Active | €260,000 | €4,407 | 34.4% | 72 | 48 |
| rua Álvares Cabral | Active | €325,000 | €3,611 | 10.2% | 75 | 52 |
| Median comp | €280,000 | €3,401 | 3.7% | 74 | 53 |
Long-term rental This property in Setúbal, priced at €295,000, aligns closely with its fair value of €298,393, resulting in a gap of just 1.1%, indicating that it is fairly priced. However, with a 3.1% gross yield and a neighbourhood score of 59/100, the investment may not provide robust long-term returns compared to other opportunities. Short-term vacation rental The apartment's fair valuation at €298,393 suggests no immediate discounted entry point, while the current listing price of €295,000 aligns closely with market expectations. Given its average condition score of 76/100 and a rural area character with limited tourism, potential rental income may be modest, impacting profitability in the short-term vacation rental market.
Economic Vulnerability The property is at risk due to a low economic stability score of 50/100, which may lead to fluctuations in property value and demand.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
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.
Log in to buy the report or use a credit
