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 121 m² on the 2nd floor, built in 1997, energy rating C. Located on avenida Nuno Álvares, 44, Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. This apartment features luxurious decorative wood-paneled ceilings in the hallway, adding a unique character and charm typical of traditional residences from the late 1990s.
The asking price is €329,000 while our fair value estimate is €289,000, indicating a €40,000 gap or a 12.2% downside. Confidence in this fair value is low.
The fair value of this property is derived from two models: the Transaction model, which uses real transaction data from 265 recorded sales in Setúbal over the last year, and the Adjusted asking-price model, which adjusts current listing prices to reflect their sale levels. These are combined in a weighted blend of 55% for the Transaction model and 45% for the Adjusted asking-price model. No conservative adjustments were applied to this property. As a result, the fair value is €289,000, indicating that the asking price is above the fair value by €40,000 (12.2% downside). The confidence level in this assessment is low.
Gross yield 5.7% (before costs)
The property is a 3-bed apartment in Setúbal, listed at €329,000, which presents a downside of 12.2% compared to its fair value of €289,000, indicating that the asking price is above the fair value. While it offers a strong potential for rental income with a gross yield of 5.7%, the overall condition is only rated at 70/100, and the neighbourhood lacks vitality, scoring just 50/100. These factors suggest that despite its rental income potential, the property may not represent the best investment at the current price point, particularly given the low confidence in this assessment.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The property has an economic stability score of 50/100 and a tenant stability score of 50/100, indicating potential vulnerability to fluctuations in both the local economy and tenant retention, which could adversely impact rental income and property value. Data quality risk The data-quality check revealed inconsistencies among the listings of this property, meaning that the information available might not be reliable. Fair value certainty risk The valuation of the property is classified as fair value €289,000, but it comes with low confidence due to a lack of micro-location transaction data for this address and significant discrepancies between estimates, suggesting uncertainty regarding its true market value.
Grade CFindings: 1
Confirmed findings from our checks of this listing. They inform; they do not change the valuation.
Log in to see the list of data-quality findings.
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.
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.
Log in to buy the report or use a credit
