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 71 m² on the 2nd floor, built in 1990, energy rating C. Located on rua Doutor Álvaro Gomes, 5, Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. This well-maintained apartment features laminate flooring and textured ceilings, creating a unique blend of charm and practicality in a vibrant neighborhood that enhances its investment appeal.
The asking price of €185,000 is above our assessed fair value of €154,000, resulting in a downside of €31,000, or 16.8%. This level of confidence in the fair value is deemed medium.
The asking price is above the fair value. The fair value of this property is assessed using a blended approach, combining the Transaction model (55% of the weight), based on 407 real transaction data points in Setúbal, and the Adjusted asking-price model (45% of the weight), which uses current listings adjusted to reflect actual sale conditions. Conservative adjustments, particularly for estimated renovation costs, indicate a fair value of €154,000, which is 8.5% below the central estimate of €168,000. Consequently, the asking price of €185,000 is notably higher, showing a downside of 16.8% versus this asking price. Our confidence in this valuation is medium.
Gross yield 6.5% (before costs)
This 2-bed apartment in Setúbal is currently priced at €185,000, which indicates a 16.8% downside against its fair value of €154,000, suggesting the asking price is above the fair value. The property offers a promising gross rental yield of 6.5%, well-positioned in the top quarter of the national range, and presents a potential for value enhancement through necessary renovations, currently assessed at 63/100. Given these factors, there is a compelling investment case, but the investor should consider the gap between the price and fair market value before proceeding.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The economic stability score of 50 and the tenant stability score of 50 indicate a significant risk of instability in potential income streams due to uncertain tenant retention and market conditions. Fair value certainty risk The medium confidence in the fair value of €154,000 suggests that the true market value may differ, especially since micro-location transaction data is not available for this address.
Grade AFindings: 0
Confirmed findings from our checks of this listing. They inform; they do not change the valuation.
No confirmed issues.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Models 3.4.3 (Data quality v3 · Valuation v4.1 · Strategy v3.1)
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
