Setúbal district Property Prices, Rents & Rental Yields

About Setúbal district

Setúbal district blends Atlantic coastline, estuarine landscapes, and easy access to Lisbon’s wider orbit, giving it a location story that feels both grounded and connected. Its apartment market reflects that same mix of regional depth and metropolitan influence, with neighbourhoods shaped by daily living as much as by long-term investment use.

August 2026 brings the clearest signal: pricing has held broadly steady while rental returns remain constructive. The average apartment sale price is €335,500, with the average at €3,390 per m2, both up just 0.1% month on month. Rents are unchanged at €1,300, but they are still 4.0% higher than a year ago. That combination points to a market where income is improving faster than purchase prices, even if the monthly movement is slight.

The main tension is between that firmer rental line and a sale market that has eased over the year. The average sale price is down 2.5% year on year, yet the district’s apartment yield stands at 5.03%, which helps explain why Setúbal continues to read as an income-led market rather than a momentum story. For investors watching entry costs and recurring income together, the August picture is one of measured stability rather than sharp revaluation.