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 88 m² on the 3rd floor, energy rating E. Located on rua das Flores, 22, Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. The property boasts dual private balconies offering exceptional natural light and panoramic views of both the Castle of Palmela and the city of Setúbal, enhancing its livability.
The asking price of €330,000 is above our fair value assessment of €270,000, reflecting a significant gap of €60,000, indicating a downside of 18.1%. Confidence in this fair value is low. Rental yield. The estimated gross yield stands at 5.1%, equating to about €1,402 per month before costs and vacancy. Strategy assessment. No specific investment strategy for this property was identified based on the analysis. The property features high-end contemporary interior finishes and a mixed neighbourhood rating of 50/100.
The fair value of this property is derived from two primary models: the Transaction model uses extensive real transaction data, incorporating 265 recorded sales in Setúbal over the past year. The Adjusted asking-price model relies on current listings, adjusted for comparison with sale prices. These two models are then combined, with a 55% weighting on the Transaction model and 45% on the Adjusted model. No conservative adjustments were applied to this property, keeping the calculated fair value at €270,000. Therefore, the asking price is above the fair value; specifically, the asking price is €330,000, reflecting an 18.1% downside versus the asking price, leading to a low confidence level in this valuation.
Gross yield 5.1% (before costs)
No specific strategy stands out for this property.
The asking price for this 3-bed apartment in Setúbal is significantly above the fair value, with a downside of 18.1%. Considering the property’s condition rating of 82/100 suggests good upkeep, but the neighbourhood score of 50/100 indicates mixed appeal, potential investors should be mindful of these location dynamics and the current market trends.
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 potential instability in both the economic environment and tenant retention which could negatively impact rental income and property value. Fair value certainty risk The valuation is at a fair value of €270,000 with low confidence, suggesting limited reliability in the valuation due to unavailable transaction micro-location data and significant differences between estimates.
Grade AFindings: 0
Confirmed findings from our checks of this listing. They inform; they do not change the valuation.
No confirmed issues.
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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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