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.
1-bedroom, 1-bathroom apartment of 67 m², energy rating C. Located on avenida Bento Jesus Caraça, Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. This apartment features extensive built-in wooden cabinetry and high-quality dark hardwood flooring, enhancing both storage and aesthetic appeal throughout the living spaces.
The valuation. The asking price of €184,000 is below the fair value of €220,542, representing an opportunity at €36,542 (16.6%) underpriced. This presents a compelling proposition for potential investors looking for undervalued assets in Setúbal.
Fair value modelled at €220,542 from 6 comparable sales in the area. Asking €184,000 sits €36,542 (16.6%) below — the upside to fair value.
Asking €184,000 versus the avenida Bento Jesus Caraça area baseline of €184,750 (€2,757/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 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 €184,750, adjusted for condition and micro-location, gives a modelled fair value of €220,542 (€3,292/m²), a €36,542 (16.6%) gap versus the €184,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Bento Jesus Caraça | Subject | €184,000 | €2,746 | — | 62 | 44 |
| rua José Fontana | Active | €190,000 | €3,455 | 25.8% | — | 51 |
| Setúbal (São Sebastião) · 99f3c3 | Active | €280,000 | €3,333 | 21.4% | 75 | 48 |
| Gâmbia-Pontes-Alto da Guerra · 875081 | Active | €273,000 | €3,250 | 18.3% | 75 | 48 |
| rua Tomás Ribeiro, 75 | Active | €207,000 | €3,136 | 14.2% | 70 | 44 |
| Median comp | €240,000 | €3,292 | 19.9% | 75 | 48 |
Long-term rental With a fair value of €220,542, the property is currently listed at €184,000, showcasing a 16.6% gap that indicates it is underpriced. Achieving a 5.4% gross yield, this investment strategy offers a potentially stable income stream in a rural market that's appealing for long-term tenants seeking affordable options. Buy-and-hold The apartment presents an advantageous buy-and-hold opportunity, given that its current price reflects a valuation significantly lower than its market potential. In a rural area with a fair value considerably higher than the listing price, investors could realize substantial appreciation over time while benefiting from rental income at a 5.4% yield.
Low Economic and Tenant Stability Risk The property is at risk due to low economic stability (40/100) and moderate tenant stability (50/100), which may indicate potential challenges in attracting and retaining reliable tenants.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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