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 61 m² on the 2nd floor, built in 1969, energy rating D. Located on rua do Alecrim, Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. This mid-century apartment features original patterned tiles and a separate storage room, emphasizing its vintage character and potential for personalized renovation.
The asking price of €180,000 is significantly above our assessed fair value of €137,000, indicating a downside of €43,000, or 23.8%. Confidence in this fair value assessment is medium.
The asking price is above the fair value. The fair value is derived from a combination of two models: the Transaction model, which accounts for 55% and is based on 407 real transaction data points from Setúbal (São Sebastião), and the Adjusted asking-price model, which makes up 45% and adjusts current listings to reflect actual sale levels. Conservative adjustments for factors such as cost to cure were applied, resulting in a fair value of €137,000, which is 8.2% below the central estimate of €149,000. Therefore, the asking price is €180,000, reflecting a downside of 23.8%. Confidence in this valuation is medium.
No specific strategy stands out for this property.
The asking price of this 2-bed apartment in Setúbal is €180,000, which exceeds its fair value of €137,000 by 23.8%, indicating that the property is overpriced. Its condition rating of 44/100 suggests significant maintenance or refurbishment may be required, while the location score of 51/100 reflects a mixed neighborhood primarily influenced by rural characteristics and limited economic activity. Investors should weigh these factors carefully against the asking price when considering this property.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The economic stability score of 45/100 indicates a higher risk of economic fluctuations, while the tenant stability score of 60/100 suggests moderate reliability in long-term tenancy, which could impact rental income consistency. Fair value certainty risk The medium confidence level in the valuation indicates uncertainty, as there is no real transaction data available for this address which could affect the fair value assessment of €137,000.
Grade AFindings: 0
Confirmed findings from our checks of this listing. They inform; they do not change the valuation.
No confirmed issues.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
