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 79 m² on the 2nd floor, built in 1978, energy rating C. Located on rua Gil Eanes, 25, Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. The apartment features quality granite countertops and marble trim throughout, emphasizing its vintage charm and offering potential for stylish upgrades.
The asking price of €257,000 is above our fair value estimate of €230,000, indicating a downside of 10.6%. Our confidence in this fair value assessment is low, suggesting caution when considering the property.
The asking price is above the fair value. The fair value is derived from a combination of the Transaction model, which accounts for 55% using real transaction data, and the Adjusted asking-price model, which makes up 45% based on current listings. No conservative adjustments were made for this property. The resulting fair value stands at €230,000, while the asking price is €257,000, indicating a significant gap. Given the typical negotiation context, the asking price is above the fair value by €27,000 (10.6% downside compared to the asking price), resulting in a low confidence level in the estimate.
Gross yield 5.2% (before costs)
This 3-bed apartment in Setúbal, listed at €257,000, is priced above its fair value of €230,000, representing a 10.6% downside versus the asking price. While it offers a gross rental yield of 5.2%, indicating a reasonable potential for rental income, the property is considered overpriced given its condition rating of 67/100 and a neighbourhood score of 50/100. Therefore, the investment carries a low confidence level, suggesting caution for any potential buyers.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The economic and tenant stability scores are both 50/100, indicating weak performance that may lead to challenges in consistent rental income or high vacancy rates. Fair value certainty risk The valuation is classified as having low confidence, as real transaction data is not available for this address, and the two estimates differ by more than the tolerance.
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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