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, 2-bathroom apartment of 132 m², energy rating E. Located on praceta Guilherme Faria, Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) parish, Setúbal municipality, Setúbal district. Highlight: The property boasts an impressive 80 m² terrace, ideal for outdoor entertaining and relaxation, as well as the opportunity to customize finishes during renovations.
The valuation. The asking price of €345,000 sits €44,348 above fair value, representing a 14.8% premium. While it is not significantly overpriced, it is essential to note that it is not a bargain. Buy-to-flip angle. Given the property’s current condition rating of 0/100, a renovation strategy could increase its appeal for resale in this mixed neighborhood, potentially enabling a profitable flip strategy in the near term. Buy-to-let angle. With an estimated gross yield of 3.4% offering approximately €978 per month, the rental strategy capitalizes on the need for long-term housing in Setúbal’s mixed-use area, reinforcing steady income potential.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praceta Guilherme Faria | Subject | €345,000 | €2,614 | — | — | 48 |
| Setúbal (São Sebastião) · 3a740d | Active | €300,000 | €2,273 | 13.0% | 62 | 44 |
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · 09025f | Active | €290,000 | €2,117 | 19.0% | 65 | 56 |
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · 2ce208 | Active | €315,000 | €2,283 | 12.7% | — | 55 |
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · 023818 | Active | €345,000 | €2,285 | 12.6% | 55 | 49 |
| Median comp | €307,500 | €2,278 | 12.8% | 62 | 52 |
Long-term rental The property yields a gross return of 3.4%, which aligns with the local market expectations but does not present exceptional profitability. Given the location's average tenant quality and moderate neighborhood rating, long-term rental may provide steady income without significant growth potential. Buy-and-hold Holding this property could be a reasonable strategy, as it is fairly priced and offers consistent rental income within a stable market. However, the limited prospects for appreciation in value might restrict long-term gains in a Buy-and-hold strategy. Value-add renovation Pursuing a value-add renovation strategy could unlock potential in this property, especially since it currently sits at a low condition rating of 0/100. However, the investment in renovations may not yield a return that justifies the effort given the property’s fair valuation and the competitive neighborhood context.
Low Tenant Stability Risk The tenant stability score of 50/100 indicates a moderate risk of tenant turnover, which could lead to potential financial instability and increased vacancy costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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