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 7th floor, energy rating D. Located on rua Doutor António Manuel Gamito, 2, Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) parish, Setúbal municipality, Setúbal district. This 7th-floor apartment features modern flooring and decor in the living areas, while the bathroom retains retro tiles, creating a blend of contemporary and vintage styles.
The asking price of €272,000 is aligned with our assessed fair value of €260,000, indicating that the property is not undervalued. Confidence in this fair value is medium.
The fair value of this property is determined by combining the Transaction model, which uses real transaction data in Setúbal, accounting for 55%, and the Adjusted asking-price model, based on current listings, at 45%. No conservative adjustments were applied to this property, resulting in a fair value of €260,000. The asking price is €272,000, indicating a downside of €12,000, or 4.4% compared to the asking price. The asking price is in line with the fair value, providing a medium level of confidence in this assessment.
Gross yield 5.5% (before costs)
This 2-bed apartment in Setúbal represents a decent opportunity for rental income, boasting a gross yield of 5.5%, placing it in the top quarter of the national range. Although the asking price of €272,000 is aligned with the fair value of €260,000, resulting in a 4.4% downside against the asking price, the current condition rating of 76/100 suggests it is well-maintained and attractive for potential tenants. The neighbourhood has a score of 50/100, indicating mixed characteristics that could appeal to a diverse tenant pool, enhancing the prospects for stable rental income.
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 a potentially unstable investment environment for both economic and rental income aspects. Fair value certainty risk The fair value of the property is set at €260,000 with a medium level of confidence, and there is a caveat regarding the lack of micro-location transaction data for this address, decreasing certainty in the valuation assessment.
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 v4.1 · Strategy v3.1)
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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