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 100 m² on the 2nd floor, built in 1977, energy rating C. Located on rua Silva Porto, 15, Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) parish, Setúbal municipality, Setúbal district. The apartment features a luxury marble staircase and modern bathroom upgrades, providing a sophisticated aesthetic in a well-maintained mid-century setting, complemented by ample natural light.
The asking price of €310,000 is above our assessed fair value of €290,000, indicating a downside of 6.3%. Confidence in this fair value is medium. Rental income. This property can generate an estimated gross yield of 5%, which is above the middle of the national range.
The property's fair value is determined through a combination of two models: the Transaction model and the Adjusted asking-price model. The Transaction model uses real transaction data from the parish of Setúbal, contributing 55%, while the Adjusted asking-price model, reflecting current listings, accounts for 45%. No conservative adjustments were applied to this property. After combining these models, the fair value is assessed at €290,000. Therefore, the asking price is above the fair value, showing a €20,000 gap, or a 6.3% downside against the asking price; confidence in this valuation is medium.
Gross yield 5% (before costs)
This 3-bed apartment in Setúbal, while located in a neighbourhood rated 50/100, presents a gross yield of 5%, which is above the national average. However, with the asking price of €310,000 being 6.3% higher than the fair value of €290,000, the property is priced above what could be considered its intrinsic value. This discrepancy suggests that investors may want to approach with caution as potential returns may not align with the initial investment outlay. Overall, despite the reasonable yield, the overpricing combined with the neighbourhood quality calls for a careful assessment before acquiring this asset.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The risk associated with this property is heightened due to both economic stability and tenant stability scores being low at 50/100, which may lead to challenges in securing reliable rental income. Fair value certainty risk The confidence in the fair value of the property is medium, with the valuation set at €290,000, but there is a caveat due to the lack of available transaction micro-location data for this address.
Grade AFindings: 0
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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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