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 93 m², built in 2017, energy rating D. Located Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. The property boasts durable granite countertops and extensive tile flooring, as well as double-glazed windows, enhancing both aesthetic appeal and energy efficiency.
The asking price is €275,000, which is above our fair value estimate of €248,000, representing a downside of 9.8%. Our confidence in this fair value is low. Rental income. Applying the rental income strategy here, the estimated gross yield is 5.4%, positioning it in the upper quartile of the national range, before costs and vacancies.
The asking price is above the fair value. This property's fair value is built using a Transaction model, which relies on real transaction data from 265 sales in Setúbal over the past year, and an Adjusted asking-price model that relates current listings to sale levels. These models are combined in a weighted blend, with 55% from the Transaction model and 45% from the Adjusted asking-price model. No conservative adjustments were applied to this property. The resulting fair value is €248,000. Given the asking price of €275,000, the fair value is 9.8% below the asking price, indicating low confidence in this valuation.
Gross yield 5.4% (before costs)
This 3-bed apartment in Setúbal is being listed at €275,000, which exceeds its fair value of €248,000, indicating a 9.8% downside versus the asking price; thus, the property is overpriced. The potential for rental income is strong, with an estimated gross yield of 5.4%, positioning it within the top quarter of the national yield range. Despite its moderate condition rating of 72/100, the property is situated in a neighborhood with a relatively low score, which may affect tenant quality and demand. Considering these factors, the investment presents concerns regarding value and returns given the asking price above the fair value.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The economic stability score is 50/100 and the tenant stability score is also 50/100, indicating potential instability in both the local economy and tenant base, which could affect rental income and property value negatively. Fair value certainty risk The fair value is assessed at €248,000 with low confidence due to the lack of micro-location transaction data and significant differences between estimates, which could lead to an inaccurate valuation.
Grade AFindings: 0
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 v4.2 · Strategy v3.1)
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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