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.
4-bedroom, 2-bathroom apartment of 147 m² on the 2nd floor, built in 2000, energy rating C. Located on rua Madalena Claro, Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. The apartment boasts a high-quality entrance hall featuring decorative wood-paneled ceilings and recessed lighting, enhancing the overall aesthetic appeal of the living space.
The asking price of €360,000 is above our fair value estimate of €306,000, indicating a significant gap of €54,000, or 15.0% downside versus the asking price. There is low confidence in this fair value assessment.
The fair value of this property is determined by a combination of two models: the Transaction model, which relies on recent sale prices in the parish of Setúbal, and the Adjusted asking-price model, based on current listings that have been modified to the sale level. These models are weighted, with the Transaction model representing 55% and the Adjusted asking-price model 45%. No conservative adjustments were necessary for this property, so the calculated fair value stands at €306,000. Consequently, the asking price is above the fair value, indicating a 15.0% downside relative to the asking price. Confidence in this estimate is low.
Gross yield 6.1% (before costs)
The property is positioned as a 4-bed apartment in Setúbal, with a listing price of €360,000 that is above its fair value of €306,000, indicating a 15.0% downside versus the asking price. Although the gross yield is attractive at 6.1%, reflecting a strong rental income potential, the overall condition of 76/100 combined with a neighbourhood rating of 50/100 suggests that while it is a viable investment, it does not currently offer a value advantage. The asking price being above the fair value calls for caution in investment confidence, which remains low in this instance.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk Given the economic stability score of 50/100 and tenant stability score of 50/100, the property may face challenges in attracting reliable tenants, potentially resulting in periods without tenants and reduced rental income. Fair value certainty risk With a fair value of €306,000 and low confidence in this valuation, the actual market value of the property could differ significantly due to the unavailability of micro-location transaction data and the discrepancy between the two estimates being beyond acceptable tolerance levels.
Grade AFindings: 0
Confirmed findings from our checks of this listing. They inform; they do not change the valuation.
No confirmed issues.
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Models 3.4.3 (Data quality v3 · Valuation v4.2 · Strategy v3.1)
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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