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 90 m² on the 3rd floor, built in 2000, energy rating D. Located Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. This apartment features three separate balconies, enhancing outdoor access and offering serene garden views while allowing for ample natural light throughout the interior spaces.
The asking price of €289,900 is above our fair value estimate of €248,000, indicating that the property is overpriced with a confidence in this fair value being low. The estimated gross yield of 5.7% positions this property favorably within the rental income strategy, reflecting strong potential relative to national averages.
The property's fair value is built using a combination of two models. The Transaction model, based on 407 real transaction data in the parish of Setúbal, contributes 55%, while the Adjusted asking-price model contributes 45% and is trained on current listings. No conservative adjustments were applied to this property. The resulting fair value is €248,000, indicating that the asking price is above the fair value by €41,900, which is a 14.5% downside versus the asking price. Overall, there is low confidence in this valuation due to the difference in estimates and lack of micro-location data.
Gross yield 5.7% (before costs)
This 2-bedroom apartment in Setúbal is currently listed at €289,900, representing a 14.5% downside compared to its fair value of €248,000, indicating that the asking price is above the fair value. With a gross yield of 5.7%, it is positioned well within the national range for rental income, suggesting it can generate a strong return. However, the property's condition rating of 76/100 and a neighbourhood score of 50/100 may raise concerns regarding the longevity and stability of rental prospects in the area. This property should be carefully evaluated against its perceived overvaluation before proceeding with an investment decision.
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 maintaining consistent occupancy and rental income. Fair value certainty risk The fair value is €248,000 with low confidence, and the absence of micro-location transaction data raises uncertainty about this valuation.
Grade AFindings: 0
Confirmed findings from our checks of this listing. They inform; they do not change the valuation.
No confirmed issues.
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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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