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 91 m², built in 1995, energy rating D. Located on largo Francisco António Pinhão, Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. This apartment offers a rare blend of contemporary wood slat accents in the living area alongside a retro kitchen space, indicative of its unique character and charm.
The asking price of €240,000 is only marginally above our assessed fair value of €239,000, which gives us low confidence in this valuation. The rental income strategy is viable with an estimated gross yield of 5.5%, indicating strong performance potential in the national rental market.
The property's fair value is determined through a combination of two models: the Transaction model, which relies on real transaction data from 265 recorded sales in Setúbal, and the Adjusted asking-price model, which reflects current listings with adjusted asking prices. The outcome is a weighted blend where 55% of the value comes from the Transaction model and 45% from the Adjusted asking-price model. For this property, no conservative adjustments were applied. The result shows that the asking price is in line with the fair value, being €1,000 (0.5%) above it. The confidence level in this valuation is low.
Gross yield 5.5% (before costs)
This 3-bedroom apartment in Setúbal is positioned at an asking price of €240,000, which is closely aligned with its fair value of €239,000, indicating a minimal downside of 0.5%. The property offers a gross yield of 5.5%, placing it in the top quarter of the national range, making it an attractive investment for rental income. However, the overall condition of the apartment scores only 67/100, suggesting some need for maintenance, while the neighborhood rating of 50/100 indicates a moderate living environment that may not appeal to all tenants, adding a layer of risk to the investment.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk With both economic and tenant stability scores at 50/100, there is a significant risk of low demand for the property, which may impact rental income and occupancy rates. Fair value certainty risk The confidence in the valuation is low and identifies that real transaction data is not available for this address, combined with differing estimates, which suggests the fair value may not accurately reflect the market conditions.
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
