Bonfim – Setúbal Real Estate Guide 2026

Bonfim, in Setúbal, exudes a charming blend of tradition and modernity, attracting both locals and expatriates. It offers a rich cultural tapestry with historic landmarks and vibrant community life. The real estate market here is dynamic, with an average sale price of €182,300 and a price per sqm of €2,223. Investors are drawn to Bonfim for its solid rental market, offering yields of up to 4.5%. The neighborhood's appeal is enhanced by its proximity to amenities such as parks, schools, and shopping areas, making it an excellent choice for both families and investors seeking long-term growth.

Investor Profile

Ideal for investors seeking stable rental income and long-term growth. Suited for families, expatriates, and those valuing cultural richness and modern amenities.

Market Data

  • Average price: €182,300
  • Price range: €106,000 – €277,000
  • Price per m²: €2,223/m²
  • Average size: 82m²
  • Average rooms: 2.7
  • Average monthly rent: €690
  • Estimated annual yield: 4.5%
  • Sale listings: 28
  • Rental listings: 10

By Apartment Type

  • T2 — 14 listings, avg €187,200, 80m², €2,340/m²
  • T3 — 10 listings, avg €227,448, 108m², €2,106/m²
  • T4 — 4 listings, avg €284,310, 135m², €2,106/m²

About Setúbal

Character and Identity: A rugged and authentic port city. It combines heavy industry with natural beauty (Arrábida Reserve) and dolphins in the bay. National Role: The third or fourth largest city, a major export port. Historical Development: A center for fish canning (sardines) and salt production since Roman times. Birthplace of the national poet Bocage and coach José Mourinho. Interesting Facts: The famous dish is "Choco Frito" (fried cuttlefish). Bocage is known for his erotic and satirical poems, and his figure represents the rebellious spirit of the city.

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