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 44 m², energy rating C. Located on rua José Carlos da Maia, Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) parish, Setúbal municipality, Setúbal district. Noteworthy Features: This apartment is situated on the ground floor for easy accessibility and offers a unique opportunity for short-term rentals due to its prime historic location.
The valuation. The asking price of €185,000 is positioned €11,667 (6.7%) above the fair value of €173,333, making it fairly priced in the current market. This indicates a reasonable alignment between market expectations and assessed property value.
Fair value modelled at €173,333 from 6 comparable sales in the area. Asking €185,000 sits €11,667 (6.7%) above — overpriced versus fair value.
Asking €185,000 versus the rua José Carlos da Maia area baseline of €139,572 (€3,172/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 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 €139,572, adjusted for condition and micro-location, gives a modelled fair value of €173,333 (€3,939/m²), a €11,667 (6.7%) gap versus the €185,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua José Carlos da Maia | Subject | €185,000 | €4,205 | — | 80 | 53 |
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · 89e69a | Active | €385,000 | €3,377 | 19.7% | 70 | 48 |
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · 76b54f | Active | €209,900 | €4,664 | 10.9% | 60 | 47 |
| rua Luis Gonzaga do Nascimento | Active | €315,000 | €3,500 | 16.8% | 85 | 58 |
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · 73547c | Active | €265,000 | €4,818 | 14.6% | — | 46 |
| Median comp | €290,000 | €4,082 | 2.9% | 70 | 48 |
Long-term rental Given the property’s proximity to suburban amenities and a fair value assessment, it may not be the optimal choice for long-term rental given the expected yield of 0%. The neighborhood's overall rating of 53/100 suggests a limited target tenant demographic, which may impact tenant quality and occupancy stability. Family rental While the property is situated in a generally suburban area, its yield of 0% and the neighborhood’s rating indicate that it may not attract family renters effectively. The fair value pricing suggests that there may be better opportunities in the area for appealing to families seeking long-term housing. Buy-and-hold The current valuation has rendered the property a fair investment for a buy-and-hold strategy, yet the anticipated 0% gross yield raises concerns over future capital growth potential. Given the local conditions and the average neighborhood rating, holding this investment may not yield desirable returns over time.
Economic and Tenant Stability Risk The property faces a risk due to its economic stability score of 55/100 and tenant stability score of 55/100, indicating potential volatility in income and occupancy rates.
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