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 110 m², built in 2009, energy rating C. Located on largo António Joaquim Correia S / N, Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) parish, Setúbal municipality, Setúbal district. This apartment features built-in wardrobes for optimal storage and a mezzanine that enhances living functionality, ideal for maximizing space in a central urban location.
The asking price of €245,000 is significantly above our assessed fair value of €152,000, with a substantial gap of €93,000 representing a 38.0% downside compared to the asking price. Confidence in this fair value assessment is medium. The estimated gross rental yield is 7.8%.
The property's fair value is determined using a blend of two models. The Transaction model utilizes real transaction data from the Setúbal parish, accounting for 55% of the total valuation. The Adjusted asking-price model, based on current listings, makes up the remaining 45%. Adjustments were conservative, focusing on area and any necessary repairs, leading to a fair value of €152,000, which reflects a 38.0% downside compared to the asking price of €245,000. Therefore, the asking price is above the fair value, presenting a medium confidence level.
Gross yield 7.8% (before costs)
No specific strategy stands out for this property.
The asking price of €245,000 for this 2-bed apartment is above the fair value of €152,000, indicating a 38.0% downside versus the asking price. While the property is in decent condition with a score of 75/100, the location scores a 50/100, suggesting some challenges in the neighborhood. Investors should consider whether the current price aligns with their valuation expectations, especially given the disparity between asking and fair value.
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 a risk of difficulty in maintaining rental income and consistent occupancy rates. Fair value certainty risk The valuation is deemed as fair value at €152,000, but the confidence level is medium due to the lack of micro-location transaction data for this address, suggesting uncertainty in the precise value of the property.
Grade CFindings: 0
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Models 3.4.3 (Data quality v3 · Valuation v4.1 · Strategy v3.1)
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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