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, 3-bathroom apartment of 89 m² on the 2nd floor, built in 1970, energy rating D. Located on rua Frei António das Chagas, Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) parish, Setúbal municipality, Setúbal district. This apartment features premium finishes including designer subway tiles and custom cabinetry, showcasing a meticulous renovation for high-end living.
The asking price of €378,000 is above the fair value of €328,000, creating a downside of €50,000, or 13.1%. Confidence in this fair value assessment is low.
The fair value of this property is determined through a combination of the Transaction model and the Adjusted asking-price model. The Transaction model, based on 244 recorded sales in Setúbal, accounts for 55% of the value while the Adjusted asking-price model makes up 45%, with current listings adjusted to reflect sale levels. In this case, no conservative adjustments were applied. The conclusion from these assessments shows that the asking price is above the fair value by €50,000 (13.1% downside vs the asking price). Therefore, the asking price is above the fair value.
No specific strategy stands out for this property.
The asking price of €378,000 for this 3-bed apartment in Setúbal exceeds its fair value of €328,000, indicating a 13.1% downside versus the asking price. Additionally, the property's condition scores reasonably high at 85/100, while the neighborhood's rating at 50/100 suggests potential concerns regarding the location. Investors should carefully evaluate these factors in context with their own strategy before making any decisions.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk: With both economic and tenant stability scores at 50/100, there may be heightened fluctuations in rental income and occupancy rates due to the instability of the local market. Data-quality risk: The data-quality findings indicate conflicts from different sources regarding a key field, raising concerns about the reliability of the property’s information. Valuation certainty risk: The fair value is assessed at €328,000, but with low confidence in this valuation, it is uncertain whether this is a reliable estimate of the property's worth.
Grade AFindings: 1
Confirmed findings from our checks of this listing. They inform; they do not change the valuation.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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