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 84 m² on the 3rd floor, energy rating D. Located Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. This apartment features a spacious balcony off one bedroom, enhancing outdoor relaxation despite its dated interior design and reported water damage in the sleeping quarters.
The asking price of €214,000 is above the fair value of €160,000, indicating a downside of 25.2% versus the asking price, with medium confidence in this fair value. The estimated gross yield is 6.9%.
The fair value is determined using a blend of two models. The Transaction model relies on 407 recorded sales in Setúbal and contributes 55%, while the Adjusted asking-price model uses current listings with adjustments for asking prices, contributing 45%. Conservative adjustments like cost to cure are applied where necessary, resulting in a fair value of €160,000, which is 9.5% below the central estimate of €177,000. The asking price is above the fair value, representing a downside of 25.2% compared to the asking price of €214,000. The confidence level in this evaluation is medium.
Gross yield 6.9% (before costs)
No specific strategy stands out for this property.
The asking price of €214,000 indicates the property is overpriced when compared to its fair value of €160,000, representing a 25.2% downside risk. The apartment's condition is rated at 57/100, suggesting some maintenance may be needed, while the neighborhood score of 49/100 reflects the rural location's limited demand and amenities. Investors should carefully evaluate these factors against the higher asking price before making any considerations.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The property has low economic stability at 45/100 and moderate tenant stability at 55/100, indicating potential difficulties in securing reliable income from tenants. Data quality risk The listings of this property disagree, which raises concerns regarding the accuracy and reliability of the available property information. Fair value certainty risk The valuation suggests a fair value of €160,000 with medium confidence, but there is uncertainty owing to the absence of micro-location transaction data, potentially impacting the valuation accuracy.
Grade DFindings: 1
Confirmed findings from our checks of this listing. They inform; they do not change the valuation.
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Models 3.4.3 (Data quality v3 · Valuation v4.1 · Strategy v3.1)
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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