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.
3-bedroom, 3-bathroom apartment of 152 m², built in 2019, energy rating A. Located Carvalhal parish, Grândola municipality, Setúbal district. Noteworthy Features: The property boasts a private pool seamlessly connected to the terrace, enhancing outdoor leisure options and providing a tranquil retreat in the heart of Carvalhal.
The valuation. The asking price of €1,250,000 is significantly higher than the fair value of €257,985, creating a disparity of €992,015 (79.4%). This property is overpriced given the current market conditions and the valuation assessment. Buy-to-flip angle. Given the property’s high-quality finishes and modern design, a resale strategy focusing on value-add renovations could potentially target affluent buyers, despite the current inflated asking price. The goal would be to identify a buyer willing to pay a premium in this peripheral region. Buy-to-let angle. The rental income strategy is currently not viable, as gross yield stands at 0% due to the estimated monthly rental income being non-existent. This makes it unsuitable for long-term family rentals in the area, requiring reevaluation of investment objectives.
Fair value modelled at €257,985 from the area baseline, adjusted for condition and location. Asking €1,250,000 sits €992,015 (79.4%) above — overpriced versus fair value.
Asking €1,250,000 versus the Carvalhal, Grândola, Setúbal area baseline of €261,440 (€1,720/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 (Condition 78 · Materials 85 · Room dimensions 83). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 49/100 (Housing Market 40 · Amenities 50 · Economic 40 · Tenant Quality 60). Softer demand indicators apply a discount to baseline.
Carvalhal, Grândola, Setúbal
Area baseline €261,440 + condition +€17,575 + location -€966 = modelled fair value of €257,985 (€1,697/m²), a €992,015 (79.4%) gap versus the €1,250,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Carvalhal · 0dcbc4 | Subject | €1,250,000 | €8,224 | — | 78 | 49 |
| estrada Sem Nome | Active | €1,480,000 | €12,437 | 51.2% | 75 | 49 |
| estrada nacional 253, 1 | Active | €495,000 | €3,300 | 59.9% | 78 | 48 |
| estrada Sem Nome | Active | €4,500,000 | €15,845 | 92.7% | 85 | 56 |
| estrada Nacional, 253, 1 | Active | €350,000 | €3,097 | 62.3% | 78 | 53 |
| Median comp | €987,500 | €7,869 | 4.3% | 78 | 51 |
Value-add renovation The potential for value-add renovation is limited given the property’s current condition rating of 82/100, but any upgrades may not justify the significant gap of 79.4% from its fair value. Additionally, the low yield of 0% suggests that even a successful renovation may struggle to attract sufficient rental income in a rural area. Long-term rental Investing in long-term rental in Carvalhal is challenging, as this property is overpriced by 79.4% compared to fair value, severely limiting potential returns for investors. Moreover, the neighbourhood's low tenant quality score of 49/100 raises concerns about the availability of reliable tenants and consistent occupancy rates. Family rental While the property may appeal to families looking for space, the asking price of €1,250,000 is woefully above the fair value, suggesting that the investment may not be sustainable in the long-term rental market. Furthermore, the rating of 49/100 for the neighbourhood highlights inadequacies that could deter families from renting in the area.
Economic Instability Risk The property is exposed to economic volatility, as indicated by a low economic stability score of 40/100, which may impact rental income reliability.
