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, 2-bathroom apartment of 88 m², energy rating F. Located on rua Gil Eanes, Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) parish, Setúbal municipality, Setúbal district. This apartment features a modern open-plan living space illuminated by built-in LED lighting, enhancing both functionality and ambiance.
The asking price is €295,000, which is slightly below our fair value of €300,000, indicating that the property is priced accordingly. Confidence in this fair value assessment is low. Rental income. The rental income strategy is applicable here with an estimated gross yield of 5.1%, reflecting a solid potential for consistent revenue with the current assessment.
The property's fair value is determined using a combination of two models: the Transaction model, which incorporates real sale prices from 214 transactions in Setúbal, and the Adjusted asking-price model, which adjusts current listings to reflect sale prices. These models are blended with a weight of 55% for the Transaction model and 45% for the Adjusted asking-price model. No conservative adjustments were applied to this property. The calculated fair value comes to €300,000, while the asking price is set at €295,000. Therefore, the asking price is in line with the fair value, reflecting a 1.8% upside from the asking price. Confidence is low.
Gross yield 5.1% (before costs)
This 2-bed apartment in Setúbal, measuring 88m², offers a gross yield of 5.1%, which is above the middle of the national range, indicating solid potential for rental income. The property is listed at €295,000, which is only 1.8% below its fair value of €300,000, placing the asking price in line with the fair market conditions. The overall condition is rated at 82/100, suggesting that it is well-maintained, though the neighborhood has a lower score of 50/100, indicating some challenges. With current market dynamics, the confidence level in this investment is low due to the mixed neighborhood rating and higher competition for rental properties.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk Given the economic stability score of 50/100 and a tenant stability score of 50/100, there is a significant risk regarding the potential for unstable rental income or increased vacancy rates due to uncertain tenant demand. Fair value certainty risk With a fair value of €300,000 and confidence rated as low, the valuation lacks certainty, particularly due to the absence of micro-location transaction data and the large discrepancy in estimates, which may affect investment decisions.
Grade AFindings: 0
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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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