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 89 m² on the 3rd floor, energy rating F. Located on rua Gil Eanes, Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. This apartment features a modern-open plan living area with sophisticated recessed LED lighting, creating an inviting ambiance perfect for entertaining guests.
The asking price of €295,000 is above our assessed fair value of €274,000, indicating a downside potential of 7.2%. Confidence in this fair value assessment is low. Rental income. The property shows an estimated gross yield of 5.4%, which is favorable against national benchmarks, suggesting solid potential for generating rental income.
The property's fair value is estimated using a combination of two models. The Transaction model uses real transaction data from 407 recorded sales in Setúbal, accounting for 55% of the weight, while the Adjusted asking-price model, based on current listings, contributes 45%. For this property, no conservative adjustments were applied. The fair value calculated is €274,000. The asking price is above the fair value; specifically, the fair value is €21,000 (7.2%) below the asking price of €295,000. This indicates a low confidence level in the estimate.
Gross yield 5.4% (before costs)
This 2-bed apartment in Setúbal, spanning 89m², is currently listed at €295,000, which reflects a 7.2% downside compared to its fair value of €274,000, indicating that the asking price exceeds true market potential. While the estimated gross rental yield of 5.4% suggests decent income potential, the overall conditions are concerning, with the property being in average condition scored at 79/100 and a neighborhood rating of 50/100, likely affecting its attractiveness to prospective tenants. Given the confidence level is low, the current valuation raises questions about the suitability of this investment relative to its pricing and potential risks in the area.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The economic and tenant stability scores are at 50/100, indicating significant risk regarding the potential for consistent rental income and property value retention. Fair value certainty risk The certainty of the property's fair value is low, compounded by the lack of micro-location transaction data and discrepancies between estimates that exceed tolerances.
Grade AFindings: 0
Confirmed findings from our checks of this listing. They inform; they do not change the valuation.
No confirmed issues.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
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.
Log in to buy the report or use a credit
