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 213 m² on the 2nd floor, energy rating C. Located on rua da Cerâmica, 2, Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. This apartment features a spacious balcony ideal for outdoor relaxation and comes with dedicated parking, enhancing convenience in the vibrant São Sebastião area.
The valuation. The asking price of €367,000 is substantially below the fair value of €468,219, indicating the property is underpriced by €101,219 (21.6%). This presents a significant opportunity for potential buyers.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Cerâmica, 2 | Subject | €367,000 | €1,723 | — | — | 57 |
| rua da Cerâmica, 28 | Active | €415,000 | €1,878 | 9.0% | — | 54 |
| rua Frei António das Chagas | Active | €285,000 | €2,080 | 20.7% | 55 | 54 |
| Setúbal (São Sebastião) · 2ce12d | Active | €109,500 | €995 | 42.2% | 48 | 55 |
| rua Camilo Castelo Branco | Active | €340,000 | €2,636 | 53.0% | 65 | 47 |
| Median comp | €312,500 | €1,979 | 14.9% | 55 | 54 |
Long-term rental The 3-bed apartment in Setúbal presents a compelling opportunity for long-term rental due to its attractive fair value of €468,219 compared to the current listing price of €367,000, indicating a gap of 21.6%. With a gross yield of 3.8%, this property is positioned to attract stable tenants in a neighborhood rated 57/100. Buy-and-hold Investing in this apartment aligns well with a buy-and-hold strategy, as its fair value significantly exceeds the asking price, creating potential for future appreciation. The 0/100 condition score suggests the need for improvement, but with proper investment, the property could enhance its value over time. Family rental This apartment is well-suited for family rental, given its size and the fair value indicating a current discount from market expectations. The neighborhood rating of 57/100 reflects a decent environment, making it an appealing option for families looking for spacious accommodations at a reasonable price.
Low Economic Stability Risk Given an economic stability score of 45/100, there is a significant risk of economic downturn affecting tenant demand and rental income.
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
