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 60 m² on the 2nd floor, built in 1976, energy rating C. Located on largo dos Pescadores, Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) parish, Setúbal municipality, Setúbal district. The apartment features a pantry for additional storage, and it's situated in a family-friendly neighborhood with convenient public transport access just outside the building.
The asking price of €230,000 is above our fair value estimate of €163,000, indicating that this property is overpriced with a medium confidence in our fair value assessment. The estimated gross yield stands at 5.7%, providing context around potential returns before costs and vacancy.
The asking price is above the fair value. This property’s fair value is derived from a mix of the Transaction model, which accounts for 55% using historical sale prices in Setúbal, and the Adjusted asking-price model at 45%, based on current listings. Conservative adjustments for estimated works have resulted in a fair value of €163,000, which is 6.9% below a central estimate of €175,000. The current asking price is €230,000, indicating a significant disparity. Confidence in this analysis is medium.
Gross yield 5.7% (before costs)
No specific strategy stands out for this property.
The asking price of €230,000 for this 2-bed apartment presents a significant downside of 29.1% compared to its fair value of €163,000, suggesting that the property is overpriced. Its condition scores 57/100, indicating a need for some improvement, and the neighborhood is rated 50/100, reflecting a mixed level of desirability. Investors should carefully consider the discrepancy between the price and the value when evaluating this opportunity.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk A combined score of 50/100 for both economic stability and tenant stability indicates a potential vulnerability to economic fluctuations and tenant turnover. Data quality findings risk Although the data-quality check passed, it is essential to note that the absence of available micro-location transaction data may limit the reliability of valuation insights for this specific address. Fair value certainty risk The valuation reflects a fair value of €163,000 with medium confidence, suggesting that the certainty of this amount could be influenced by factors not currently accounted for, such as needing significant works.
Grade AFindings: 1
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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