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.
2-bedroom, 1-bathroom apartment of 63 m² on the 7th floor, built in 1980, energy rating D. Located on rua Camilo Castelo Branco, Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. This apartment features distinctive 1980s decorative tilework, including intricate patterned wainscoting that adds a unique character to the living space.
The asking price of €236,000 exceeds our fair value estimate of €205,000, indicating the property is overpriced with a gap of €31,000, or a 13.1% downside versus the asking price. Confidence in this fair value is low. Rental income. The rental income strategy applies here, as the estimated gross yield of 5.2% is above the national average, providing a potential steady income stream before accounting for costs and vacancies.
The property's fair value is established using a combination of two models. The Transaction model relies on real transaction data from 407 sales in the Setúbal (São Sebastião) parish, contributing 55%. The Adjusted asking-price model is based on current listings, adjusted to reflect sale levels, and holds a 45% weight. For this property, no conservative adjustments were necessary. The result shows that the asking price is above the fair value, indicating a €31,000 gap (13.1% downside). Confidence in this estimate is low.
Gross yield 5.2% (before costs)
This 2-bed apartment in Setúbal is currently listed at €236,000, which is 13.1% above its fair value of €205,000, indicating an overvaluation with low confidence in its pricing. Although the property boasts an estimated gross yield of 5.2%, positioning it above the national average for rental income, the overall condition is average at 70/100 and the neighbourhood scores a mere 50/100, suggesting potential challenges in tenant quality and market appeal. Therefore, investors should consider the property’s location and condition before pursuing rental income as an investment strategy, as the current asking price does not align with the asset's true 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 challenges in attracting and retaining tenants, which may affect rental income stability and overall property performance. Fair Value Certainty Risk The valuation shows a fair value of €205,000, but with low confidence due to the lack of micro-location transaction data and significant discrepancies in estimates, implying a risk of misvaluation.
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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