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 84 m² on the 5th floor, energy rating D. Located on avenida das Descobertas, 11, Setúbal (São Sebastião) parish, Setúbal municipality, Setúbal district. The apartment features a stylish entrance wardrobe, enhancing storage capability and overall functionality in an urban setting.
The asking price is €260,000, which is €26,000 or 10.0% above the fair value of €234,000; confidence in this fair value is low. The rental income strategy suggests a strong potential, with an estimated gross yield of 5.7%, indicating appealing monthly earnings before costs and vacancies.
The asking price is above the fair value. The fair value is estimated using a combination of the Transaction model and the Adjusted asking-price model, weighted at 55% and 45% respectively. This property was not subject to any conservative adjustments. The resulting fair value is €234,000, while the asking price is €260,000, indicating a downside of 10.0%. Given the typical negotiation margin, the fair asking price is around €253,000. Therefore, the asking price is above the fair value, showing a gap of €26,000, and has a low confidence level due to the available transaction data.
Gross yield 5.7% (before costs)
The asking price of €260,000 for this 2-bed apartment in Setúbal is above its fair value of €234,000, indicating a 10.0% downside versus the asking price. Despite this, the property offers an attractive gross rental yield of 5.7%, positioning it well within the national range for potential rental income. However, the low confidence rating suggests caution due to its condition score of 76/100 and a neighbourhood rating of 50/100, which may impact long-term tenant quality and demand. Investors should weigh the property's current valuation against its earning potential carefully.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk With both economic stability and tenant stability scores at 50/100, there is a significant risk that the investment may experience instability due to potential economic fluctuations and tenant turnover. Fair value certainty risk The fair value is assessed at €234,000 with low confidence, suggesting a high uncertainty regarding the fair value due to the lack of micro-location transaction data and notable discrepancies between estimates.
Grade AFindings: 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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