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.
1-bedroom, 0-bathroom country_house of 105 m². Located on rua Cabeça da Cabra, Porto Covo parish, Sines municipality, Setúbal district. Unique Features: This property includes multiple rustic buildings, expansive land with mature olive and orange trees, and offers direct access to sea views and nearby beaches, ideal for restoration. Condition Notes: Major structural damage and extensive disrepair noted, unsuitable for immediate habitation.
The valuation. The asking price of €1,600,000 is significantly above the fair value of €60,299, positioning the property as overpriced by €1,539,701 or 96.2%. This stark disparity indicates a poor investment opportunity. Buy-to-flip angle. The resale strategy will likely be challenging due to the extensive renovations needed, making a profitable flip unlikely given the current market dynamics and the property’s condition. A detailed assessment of costs versus potential resale value remains crucial. Buy-to-let angle. With a gross yield of 0% and an estimated monthly rental income of €—, the property presents little appeal for long-term rental investment, particularly in the remote countryside of Porto Covo. Limited demand in this location exacerbates the rental income challenge.
Fair value modelled at €60,299 from the area baseline, adjusted for condition and location. Asking €1,600,000 sits €1,539,701 (96.2%) above — overpriced versus fair value.
Asking €1,600,000 versus the rua Cabeça da Cabra area baseline of €304,185 (€2,897/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 15/100 (Condition 10 · Materials 20 · Room dimensions 15). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 38/100 (Housing Market 30 · Amenities 35 · Economic 25 · Tenant Quality 40). Softer demand indicators apply a discount to baseline.
rua Cabeça da Cabra
Area baseline €304,185 + condition -€98,438 + location -€8,004 = modelled fair value of €60,299 (€574/m²), a €1,539,701 (96.2%) gap versus the €1,600,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Cabeça da Cabra | Subject | €1,600,000 | €15,238 | — | — | 38 |
| Cercal · 1e606f | Active | €250,000 | €2,336 | 84.7% | — | 49 |
| Cercal · 4d4220 | Active | €420,000 | €2,000 | 86.9% | 18 | 46 |
| Cercal · 956eda | Active | €120,000 | €2,000 | 86.9% | — | 52 |
| Cercal · 9375c5 | Active | €395,000 | €3,559 | 76.6% | — | 45 |
| Median comp | €322,500 | €2,168 | 85.8% | 18 | 48 |
Long-term rental The property’s high listing price of €1,600,000 significantly exceeds the fair value of €60,299, indicating it is overpriced. With a yield of 0% and a low neighborhood rating of 38/100, the potential for long-term rental income is non-existent and further compounded by its remote rural location. Buy-and-hold Investing in this property as a buy-and-hold strategy is imprudent due to its 96.2% gap from fair value, suggesting the investment will likely underperform. The condition rating of 15/100 does not support holding an asset in hopes of future appreciation in value in such a limiting market.
High Vacancy Risk The low economic stability score of 25/100 combined with the tenant stability score of 40/100 indicates a high likelihood of vacancies and potential difficulty in attracting reliable tenants.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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