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 120 m² on the 2nd floor, energy rating E. Located Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. Noteworthy Features: The apartment boasts a minimalist fireplace that enhances the bright living area, and its balconies offer serene views of the expertly landscaped gardens and swimming pools.
The valuation. The asking price of €350,000 sits below the fair value of €378,601 by €28,601 (7.6%). This indicates that the property is fairly priced. Buy-to-flip angle. The potential for a resale strategy hinges on market stability, with an emphasis on cosmetic updates to enhance appeal. Short-term flips may yield quick returns after minor renovations. Buy-to-let angle. With an estimated rental income of €962/month, the gross yield stands at 3.3%. This suggests long-term rental opportunities in a neighborhood of mixed demand.
Fair value modelled at €378,601 from 6 comparable sales in the area. Asking €350,000 sits €28,601 (7.6%) below — the upside to fair value.
Asking €350,000 versus the Setúbal (São Sebastião), Setúbal, Setúbal area baseline of €298,234 (€2,485/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 €298,234, adjusted for condition and micro-location, gives a modelled fair value of €378,601 (€3,155/m²), a €28,601 (7.6%) gap versus the €350,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Setúbal (São Sebastião) · e55530 | Subject | €350,000 | €2,917 | — | 73 | 44 |
| rua dos Quatro Caminhos | Active | €295,000 | €3,352 | 14.9% | 74 | 48 |
| Gâmbia-Pontes-Alto da Guerra · e54fad | Active | €269,900 | €3,374 | 15.7% | 72 | 39 |
| Setúbal (São Sebastião) · ee8882 | Active | €269,900 | €2,871 | 1.6% | 72 | 44 |
| rua 16 de Novembro, 2 | Active | €210,000 | €2,958 | 1.4% | 72 | 54 |
| Median comp | €269,900 | €3,155 | 8.2% | 72 | 46 |
Long-term rental Given the fair value assessment of €378,601 against the listing price of €350,000, the yield of 3.3% gross is acceptable but reflects limited upside potential in a peripheral location with low housing demand. The quality of the neighbourhood (44/100) might deter higher-quality tenants, making sustained rental income less secure in the long run. Buy-and-hold While the property’s fair value indicates it is priced close to market expectations, its yield of 3.3% suggests little room for growth when considering future appreciation in a low-activity economic environment. The condition rating (76/100) is decent, but the overall neighbourhood score still signals challenges for long-term capital appreciation.
Economic Vulnerability Low economic stability score of 38/100 indicates a heightened risk of fluctuating market conditions impacting property value and tenant retention.
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
