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 80 m² on the 4th floor, energy rating C. Located on praça Professor Hernâni Cidade, 3, Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. Noteworthy Features: This apartment includes a pantry for extra storage and modernized elevators with video surveillance for enhanced security and convenience.
The valuation. The asking price of €235,000 sits €28,333 (10.8%) below the fair value of €263,333, indicating that this property is subvalued in the current market.
Fair value modelled at €263,333 from 6 comparable sales in the area. Asking €235,000 sits €28,333 (10.8%) below — the upside to fair value.
Asking €235,000 versus the praça Professor Hernâni Cidade, 3 area baseline of €216,710 (€2,709/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 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 €216,710, adjusted for condition and micro-location, gives a modelled fair value of €263,333 (€3,292/m²), a €28,333 (10.8%) gap versus the €235,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praça Professor Hernâni Cidade, 3 | Subject | €235,000 | €2,938 | — | 68 | 49 |
| urbanização Quinta do Paraíso | Active | €321,000 | €3,000 | 2.1% | 70 | 48 |
| Setúbal (São Sebastião) · ee889a | Active | €239,900 | €2,926 | 0.4% | 75 | 49 |
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · 25f710 | Active | €299,000 | €3,785 | 28.8% | 72 | 52 |
| rua Lúcia da Encarnação Maracoto, 90 | Active | €280,000 | €3,333 | 13.5% | 75 | 51 |
| Median comp | €289,500 | €3,167 | 7.8% | 74 | 50 |
Long-term rental This 2-bed apartment in Setúbal is 10.8% underpriced compared to its fair value of €263,333, making it a compelling option for long-term rental opportunities. With a gross yield of 3.8%, investors can expect steady returns in a rural setting that offers typical safety and a stable tenant quality. Family rental Given the limited school options in the area and the low neighborhood rating of 49/100, this apartment is well-suited for family renters seeking a rural lifestyle. The property’s condition rating of 72/100 indicates it is generally well-maintained, making it an appealing choice for families looking for a longer-term residence in Setúbal.
High Economic Risk With an economic stability score of 35/100, there is a significant risk of economic downturns negatively impacting property values and tenant demand in the area.
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