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 67 m², energy rating C. Located on rua São Joaquim, Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) parish, Setúbal municipality, Setúbal district. Notably, this apartment benefits from high ceilings that enhance the spacious feel, and the open-plan design promotes natural light throughout the living areas.
The asking price of €255,000 is in line with the fair value of €244,000, resulting in a downside of €11,000; 4.4% downside vs the asking price. The estimated gross yield is approximately 5% (~€1,062/month).
The fair value of this property is determined using a combination of the Transaction model and the Adjusted asking-price model. The Transaction model accounts for 55% of the valuation, utilizing real transaction data from Setúbal, while the Adjusted asking-price model contributes 45% with current listings adjusted to sale level. For this property, no conservative adjustments were applied. As a result, the fair value is €244,000, indicating that the asking price is in line with the fair value, with a 4.4% downside representing an €11,000 gap from the asking price. Confidence in this valuation is high.
Gross yield 5% (before costs)
No specific strategy stands out for this property.
The asking price of €255,000 reflects a position closely aligned with the fair value of €244,000, highlighting a 4.4% downside against it. This situation suggests that an investor should carefully evaluate the neighbourhood rating of 50/100, which points to potential concerns regarding the property's appeal or future market performance, despite its satisfactory condition score of 84/100.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk With both the economic stability and tenant stability scores at 50/100, there is a significant risk of fluctuating rental incomes and potential unoccupied periods.
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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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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