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, 0-bathroom apartment of 118 m², energy rating B. Located Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) parish, Setúbal municipality, Setúbal district. Noteworthy Features: The apartment boasts three exterior-facing fronts and two balconies, enhancing natural light and outdoor space in a premium central location of Setúbal.
The valuation. The asking price of €350,000 sits slightly above the fair value of €340,548, with a discrepancy of €9,452, or 2.8%. This property is valued fairly, making it a reasonable investment choice in the current market.
Fair value modelled at €340,548 from 6 comparable sales in the area. Asking €350,000 sits €9,452 (2.8%) above — overpriced versus fair value.
Asking €350,000 versus the Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça), Setúbal, Setúbal area baseline of €256,494 (€2,174/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 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 €256,494, adjusted for condition and micro-location, gives a modelled fair value of €340,548 (€2,886/m²), a €9,452 (2.8%) gap versus the €350,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · e550a3 | Subject | €350,000 | €2,966 | — | 88 | 47 |
| rua José Pereira Martins, 25 | Active | €359,000 | €2,872 | 3.2% | 80 | 39 |
| praceta das Energias Alternativas, 1 | Active | €354,900 | €2,730 | 8.0% | 75 | 55 |
| rua Fernando Santos, 84 | Active | €464,000 | €2,900 | 2.2% | 78 | 48 |
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · 1625ea | Active | €280,000 | €3,889 | 31.1% | 76 | 53 |
| Median comp | €356,950 | €2,886 | 2.7% | 77 | 51 |
Long-term rental The property shows a gross yield of 3.6%, indicating a stable cash flow potential. However, the neighborhood rating of 47/100 suggests that while it may be suitable for long-term rental, tenant quality could be a concern due to the area's low population density. Buy-and-hold With a fair value estimate of €340,548 compared to the listing price of €350,000, this investment aligns closely with the market but offers limited upside. The overall condition rating of 82/100 supports the potential for good maintenance over time, making it a reasonable choice for a buy-and-hold strategy amidst a stable rural setting. Not ideal for short-term vacation rental Given the location's rural nature and the low neighborhood score, the demand for short-term vacation rentals is likely limited. This makes it an unappealing option for investors targeting the tourism sector. Not ideal for luxury market The property does not fit the luxury market due to its average amenities and neighborhood appeal. Thus, investors should avoid positioning it in this segment to minimize risk.
Economic Vulnerability With an economic stability score of 35/100, the property is at high risk due to potential fluctuations in the local economy that could further affect tenant retention and rental income.
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