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 86 m² on the 1st floor, built in 1986, energy rating D. Located on travessa Vale de Cerejeiras, 1, Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. This apartment features an enclosed balcony, enhancing outdoor living space, and a pantry that provides additional storage in a well-maintained layout.
The asking price is €275,000, which is above our assessed fair value of €237,000, indicating a €38,000 gap and 13.9% downside. Our confidence in this fair value assessment is low. Rental income. The rental income strategy is applicable here with an estimated gross yield of 5.3%, which is above the national median range before accounting for costs, vacancy, and management fees.
This property's fair value is assessed through a combination of two models: the Transaction model, which accounts for real transaction data from 265 recorded sales in Setúbal, and the Adjusted asking-price model, based on current listings with prices adjusted to sale levels. We apply a weighted blend of 55% for the Transaction model and 45% for the Adjusted asking-price model without any conservative adjustments. The result yields a fair value of €237,000. Given that the asking price is €275,000, we conclude that the asking price is above the fair value, indicating a downside of 13.9% compared to the asking price. Confidence in this valuation is low.
Gross yield 5.4% (before costs)
The 3-bed apartment in Setúbal presents an investment opportunity characterized by a gross rental yield of 5.3%, indicating a strong potential for rental income above the national average. However, the asking price of €275,000 stands 13.9% above the fair value of €237,000, suggesting that the property is overpriced. The condition of the property scores a moderate 70/100, which could require some investment for repairs or upgrades. Given these factors, the potential for value growth is limited, emphasizing caution in assessing its investment viability.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The property has a weak economic stability score of 50/100 and a tenant stability score of 50/100, indicating potential challenges in maintaining rental income and attracting reliable tenants. Fair value certainty risk The fair value of the property is assessed at €237,000 with low confidence, due to the unavailability of micro-location transaction data and significant discrepancies between estimates.
Grade AFindings: 0
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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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