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, 2-bathroom apartment of 104 m², built in 2009, energy rating B. Located Carvalhal parish, Grândola municipality, Setúbal district. Noteworthy Features: The unit features a fireplace with heat recovery and a generous balcony that overlooks the Atlantic, enhancing both comfort and outdoor enjoyment.
The valuation. The asking price of €549,000 significantly exceeds the fair value of €185,868, creating a gap of €363,133 (66.1%). This property is clearly overpriced.
Fair value modelled at €185,868 from the area baseline, adjusted for condition and location. Asking €549,000 sits €363,133 (66.1%) above — overpriced versus fair value.
Asking €549,000 versus the Carvalhal, Grândola, Setúbal area baseline of €178,880 (€1,720/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 (Condition 80 · Materials 82 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx. Full condition report →
Neighbourhood score 50/100 (Housing Market 50 · Amenities 50 · Economic 40 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
Carvalhal, Grândola, Setúbal
Area baseline €178,880 + condition +€6,987 + location +€0 = modelled fair value of €185,868 (€1,787/m²), a €363,133 (66.1%) gap versus the €549,000 asking price.
Long-term rental This 2-bed apartment in Carvalhal is marked at €549,000, significantly above its fair value of €185,868, reflecting a 66.1% gap which indicates it is overpriced. With a gross yield of only 4% and a neighbourhood rating of 50/100, the potential for sustainable income from long-term tenants is weak given the rural context and limited amenities. Buy-and-hold Investing in this property at €549,000 would not yield favorable returns since its fair value is significantly lower at €185,868, thus presenting a gap of 66.1% that indicates it is overpriced. The low score of 79/100 for condition is insufficient to justify the elevated price, and tenant quality in the area may further diminish future appreciation potential. Family rental Acquiring this 2-bed apartment for €549,000 would be unwise, as it starkly exceeds its fair value of €185,868, hence indicating it is overpriced by 66.1%. With a neighbourhood rating of 50/100, families may struggle to find this location appealing given its limited urban amenities and services.
Low Economic Resilience The economic stability score of 40/100 indicates a higher risk of economic downturns affecting property value and tenant retention, which could lead to increased vacancies or reduced rental income.
