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.
3-bedroom, 2-bathroom apartment of 103 m² on the 2nd floor, built in 2002, energy rating C. Located on rua Lúcia da Encarnação Maracoto, Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. Noteworthy Features: The apartment showcases high ceilings that enhance the sense of space and comfort, alongside modern kitchens outfitted with top-tier granite countertops and efficient storage solutions in the pantry.
The valuation. The asking price of €295,000 is €2,630 (0.9%) above the fair value of €292,370, reflecting a fair market position in Setúbal. This indicates a reasonable opportunity without excessive premium. Buy-to-flip angle. Investing with a buy-to-flip strategy may yield a modest profit; however, given the fair valuation, potential resale would rely on enhanced market appeal. Quick renovations targeting high-demand features could facilitate a profitable exit. Buy-to-let angle. The estimated monthly rental income of €1,032 offers a gross yield of 4.2%, making this property a solid candidate for long-term family rentals. The blend of standard finishes and high-quality upgrades will attract reliable tenants in the mixed neighborhood.
Fair value modelled at €292,370 from 6 comparable sales in the area. Asking €295,000 sits €2,630 (0.9%) above — overpriced versus fair value.
Asking €295,000 versus the rua Lúcia da Encarnação Maracoto area baseline of €219,171 (€2,128/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 €219,171, adjusted for condition and micro-location, gives a modelled fair value of €292,370 (€2,839/m²), a €2,630 (0.9%) gap versus the €295,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Lúcia da Encarnação Maracoto | Subject | €295,000 | €2,864 | — | 78 | 56 |
| avenida Rodrigues Manito | Active | €365,000 | €3,174 | 10.8% | 85 | 48 |
| Setúbal (São Sebastião) · 375119 | Active | €342,900 | €2,679 | 6.5% | 72 | 56 |
| Setúbal (São Sebastião) · 1f3545 | Active | €270,000 | €2,813 | 1.8% | 74 | 46 |
| avenida Luísa Todi | Active | €340,000 | €3,656 | 27.6% | 75 | 56 |
| Median comp | €341,450 | €2,994 | 4.5% | 75 | 52 |
Long-term rental The property offers a gross yield of 4.2%, making it a reasonable option for long-term rental investors in the suburban area of Setúbal. With a fair value assessment closely aligned with the listing price, the investment presents stability but may lack significant upside potential in a competitive housing market. Family rental This 3-bedroom apartment in Setúbal is situated in a neighborhood with a decent score of 56/100 for tenant quality, appealing to families seeking spacious living arrangements. However, the property is assessed at fair value, indicating limited room for price appreciation in an increasingly saturated rental market. Short-term vacation rental As the property is located outside major urban centers, it does not fit the profile for short-term vacation rentals, which require proximity to tourist attractions and urban amenities. With a fair market rating, this apartment is not expected to generate the demand needed for successful vacation rental operations. Luxury market Given the apartment's modest condition rating of 78/100 and the neighborhood's relatively low ranking, it is not positioned for the luxury market. The valuation at fair price also suggests limited appreciation potential, which is typically essential in the luxury segment.
Economic Vulnerability The property is at risk due to an economic stability score of 50/100, indicating potential instability in the local economy that could adversely affect tenant retention and rental income. Tenant Turnover Risks With a tenant stability score of 60/100, there is a moderate level of risk associated with tenant turnover, which could impact cash flow and occupancy rates.
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