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 77 m² on the 2nd floor, built in 1995, energy rating C. Located on praceta João dos Santos, Gâmbia-Pontes-Alto da Guerra parish, Setúbal municipality, Setúbal district. This apartment features decorative wainscoting in the hallway, combining classic design with modern functionality, and includes a spacious top-floor storage room for added convenience.
The asking price of €259,900 is slightly above our fair value estimate of €248,000, indicating a 4.4% downside. Given this assessment, the asking price aligns closely with the fair value, suggesting that it is not undervalued. Rental income. The rental income strategy shows a gross yield of 5.5%, placing this property in the top quarter of the national range before accounting for costs and vacancies.
The property's fair value is established using a combination of two models: the Transaction model and the Adjusted asking-price model, each contributing 50%. The Transaction model relies on 39 real sale prices recorded in the parish of Gâmbia-Pontes-Alto da Guerra. The Adjusted asking-price model uses current listings with adjustments to align asking prices to sales. For this property, no conservative adjustments were made. As a result, the fair value is set at €248,000. Given the asking price of €259,900, the asking price is in line with the fair value, with a 4.4% downside, indicating a high level of confidence.
Gross yield 5.5% (before costs)
The property is a well-located 2-bed apartment of 77m² in the Gâmbia-Pontes-Alto da Guerra area of Setúbal, appealing for investment due to its estimated gross yield of 5.5%, which places it in the top quarter of national returns. Although there is a 4.4% downside against the fair value, the asking price aligns closely with this value, suggesting a stable investment environment. Given its moderate condition rating of 70/100 and a neighborhood score of 50/100, investors can expect a reasonable tenant quality and potential for consistent rental income in the area. With a high confidence level in these insights, this property stands as a viable option for generating rental income.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant instability risk: With both economic and tenant stability scores at 50/100, there is a significant risk of fluctuating rental demand and potential income instability, impacting overall investment returns.
Grade AFindings: 0
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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