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 75 m², energy rating A. Located Carvalhal parish, Grândola municipality, Setúbal district. Noteworthy Features: This apartment boasts a fully furnished interior along with access to a communal pool and wellness spa, promoting a luxurious lifestyle in close proximity to the beach.
The valuation. The asking price of €600,000 sits €482,961 above its fair value of €117,039, indicating an overpriced property by 80.5%. This significant discrepancy raises concerns about the investment potential.
Fair value modelled at €117,039 from the area baseline, adjusted for condition and location. Asking €600,000 sits €482,961 (80.5%) above — overpriced versus fair value.
Asking €600,000 versus the Carvalhal, Grândola, Setúbal area baseline of €252,525 (€3,367/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 74 · Materials 78 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 41/100 (Housing Market 35 · Amenities 35 · Economic 40 · Tenant Quality 50). Softer demand indicators apply a discount to baseline.
Carvalhal, Grândola, Setúbal
Area baseline €252,525 + condition +€2,227 + location -€4,288 = modelled fair value of €117,039 (€1,561/m²), a €482,961 (80.5%) gap versus the €600,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Carvalhal · 4bb877 | Subject | €600,000 | €8,000 | — | 74 | 41 |
| Carvalhal · 1e6686 | Active | €850,000 | €6,250 | 21.9% | 78 | 42 |
| Carvalhal · 0dcbc6 | Active | €1,480,000 | €12,437 | 55.5% | — | 41 |
| Carvalhal · 4bbbb6 | Active | €1,390,000 | €9,145 | 14.3% | 76 | 46 |
| Carvalhal · 65a833 | Active | €950,000 | €6,552 | 18.1% | 85 | 44 |
| Median comp | €1,170,000 | €7,849 | 1.9% | 78 | 43 |
Long-term rental Given the considerable gap between the listing price of €600,000 and the fair value of €117,039, investing in this property for long-term rental is not advisable. The 0% gross yield and low demand for high-end real estate in the predominantly agricultural area further indicate that this property is overpriced. Buy-and-hold Holding onto this property in hopes of future appreciation is likely to be an ineffective strategy due to the significant 80.5% gap from the fair value. The low condition score of 77/100 combined with a neighbourhood rating of 41/100 makes this purchase ill-suited for long-term investment as it remains overpriced.
Low Economic and Tenant Stability Risk The property faces a risk due to an economic stability score of 40/100 and a tenant stability score of 50/100, indicating potential challenges in maintaining consistent rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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