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 76 m² on the 2nd floor, built in 1980, energy rating D. Located on rua Moinho, 15, Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. This apartment includes a sunroom off the main bedroom, enhancing space and natural light for relaxation or work.
The asking price of €259,900 sits above our estimated fair value of €226,000, indicating that the property is overpriced by €33,900, or 12.9% downside versus the asking price. The confidence in this fair value is low.
The property's fair value is built using two models: the Transaction model, which relies on real transaction data from 265 recorded sales in Setúbal, and the Adjusted asking-price model, based on current listings. These models are combined with a weighted blend of 55% from the Transaction model and 45% from the Adjusted asking-price model. No conservative adjustments were applied to this property. The result shows that the asking price is above the fair value by €33,900 (12.9% downside vs the asking price). Confidence in this valuation is low.
Gross yield 5.2% (before costs)
This 3-bed apartment in Setúbal is listed at €259,900, which represents a 12.9% downside compared to its fair value of €226,000, indicating that the asking price exceeds the fair valuation significantly. While the estimated gross rental yield of 5.2% is above the national average, the property is situated in a neighborhood rated at 50/100 and in fair condition (75/100), which may affect long-term investment outcomes. Although there may be potential for rental income, the current asking price is above its fair value, suggesting caution in pursuing this investment due to low confidence in the long-term value appreciation.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk There is a risk associated with economic and tenant stability given the scores of 50/100 in both categories, indicating potential instability in the local rental market.
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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