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 62 m², built in 1979, energy rating C. Located on rua de São Joaquim, Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) parish, Setúbal municipality, Setúbal district. The apartment features granite countertops and a marble staircase, adding a touch of luxury to its traditional finishes despite its dated style from 1979.
The asking price of €235,000 is above our estimated fair value of €169,000, indicating that the property is overpriced; the confidence in this fair value assessment is low. The estimated gross yield is 5.7%.
The fair value of this property is determined using a combination of models. The Transaction model, based on real transaction data from 214 sales in Setúbal, contributes 55%, while the Adjusted asking-price model, which reflects current listings, contributes 45%. This combination allows for conservative adjustments for costs that may be needed. After these calculations, the fair value is assessed at €169,000. Overall, the asking price is above the fair value by 28.1%, indicating a downside compared to the asking price. The confidence level in this evaluation is low.
Gross yield 5.7% (before costs)
No specific strategy stands out for this property.
The asking price of €235,000 is significantly above the fair value of €169,000, indicating a 28.1% downside versus the asking price. Additionally, while the property has a moderate condition score of 66 out of 100, the neighbourhood is rated low at 50 out of 100, which may further diminish its overall value for potential investors.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The economic and tenant stability scores are both at 50/100, indicating a weak stability which may lead to high vacancy rates and difficulty in maintaining rental income. Fair value certainty risk The assessed fair value of €169,000 has a low confidence level and is based on limited data, which poses a risk of significant discrepancy in the actual market value.
Grade AFindings: 0
Confirmed findings from our checks of this listing. They inform; they do not change the valuation.
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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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