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, 3-bathroom house of 152 m², built in 2009, energy rating B. Located on rua 2 Sul, Carvalhal parish, Grândola municipality, Setúbal district. Noteworthy Features: This property boasts a transferable AL license for immediate tourist rental, enhancing its investment potential in the desirable Beach Reserve Troia community., Características Notáveis: Esta propriedade possui uma licença AL transferível para arrendamento turístico imediato, aumentando seu potencial de investimento na desejável comunidade Beach Reserve Troia.
The valuation. The asking price of €830,000 is significantly above the calculated fair value of €259,679, an overpricing of €570,321 (68.7%). Consequently, the property is deemed overpriced. Buy-to-flip angle. Given its high-quality materials and elegant finishes, a resale strategy could capitalize on renovations to appeal to budget-focused buyers, though the property remains overpriced for a quick flip. Buy-to-let angle. With an estimated rental income of €1,176/month and a gross yield of only 1.7%, the long-term rental strategy faces challenges due to the rural location's limited demand and amenities.
Fair value modelled at €259,679 from the area baseline, adjusted for condition and location. Asking €830,000 sits €570,321 (68.7%) above — overpriced versus fair value.
Asking €830,000 versus the rua 2 Sul area baseline of €511,784 (€3,367/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 (Condition 80 · Materials 85 · Room dimensions 81). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 51/100 (Housing Market 50 · Amenities 45 · Economic 50 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
rua 2 Sul
Area baseline €511,784 + condition +€17,337 + location +€966 = modelled fair value of €259,679 (€1,708/m²), a €570,321 (68.7%) gap versus the €830,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua 2 Sul | Subject | €830,000 | €5,461 | — | 80 | 51 |
| alameda do Zambujeiro | Active | €845,000 | €4,333 | 20.6% | 73 | 49 |
| Carvalhal · 0dcbbb | Active | €1,480,000 | €11,473 | 110.1% | 80 | 45 |
| alameda de Troia S / N | Active | €950,000 | €5,975 | 9.4% | 80 | 51 |
| alameda do Zambujeiro, 15 | Active | €780,000 | €4,785 | 12.4% | 75 | 46 |
| Median comp | €897,500 | €5,380 | 1.5% | 78 | 48 |
Long-term rental The 2-bed house in Carvalhal is overpriced at €830,000, significantly exceeding the fair value of €259,679 by 68.7%. With a gross yield of only 1.7%, it does not present a compelling case for long-term rental in a rural area with limited economic activity. Buy-and-hold Investing in this property as a buy-and-hold strategy is unsupported given its current listing price compared to its fair value, indicating it is overpriced. The lack of urban amenities and low neighbourhood quality further contributes to a tenuous investment outlook for long-term ownership.
Economic Volatility Risk The property faces a significant economic volatility risk with an economic stability score of 50/100, indicating a potentially unstable market environment that could affect rental income.
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