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 141 m² on the 1st floor, built in 2007, energy rating C. Located on rua Luís Sá, Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. The apartment features a generous continuous balcony that seamlessly connects the living room, kitchen, and both bedrooms, enhancing the flow of natural light and outdoor access.
The asking price of €415,000 is significantly higher than our estimated fair value of €329,000, reflecting a substantial downside of 20.7%. Confidence in this fair value assessment is low due to various market factors. Rental yield. The estimated gross yield stands at 6.2%, providing context prior to costs and vacancy calculations.
The asking price is above the fair value. The fair value is determined using a combination of the Transaction model, which analyzes 407 recorded sales in Setúbal, and the Adjusted asking-price model based on current listings, creating a weighted blend (55% Transaction model and 45% Adjusted asking-price). Conservative adjustments for any necessary repairs are factored into this valuation. With a fair value of €329,000, the asking price of €415,000 indicates a downside of 20.7%. Given the lack of micro-location data and other caveats, the confidence in this valuation is low.
Gross yield 6.2% (before costs)
No specific strategy stands out for this property.
Considering the property's current asking price of €415,000, it is significantly higher than its fair value of €329,000, indicating a 20.7% downside versus the asking price. With a condition score of 80/100, the property is in good shape, although the neighbourhood score of 50/100 raises concerns regarding the location's appeal and future growth potential. Investors should carefully assess the disparity between price and value in relation to their overall investment goals before proceeding.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The property has an economic stability score of 50/100 and a tenant stability score of 50/100, indicating weak stability that could lead to fluctuating income and potential vacancies.
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 v4.2 · Strategy v3.1)
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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