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 136 m², energy rating B. Located Carvalhal parish, Grândola municipality, Setúbal district. Noteworthy Features: This property features high wooden ceilings that enhance the interiors’ character and spaciousness, along with a unique architectural design that blends contemporary aesthetics with Alentejo traditions.
The valuation. The asking price of €850,000 significantly exceeds its fair value of €220,532, indicating an overvaluation of €629,468 (74.1%). This discrepancy suggests that the property is overpriced in the current market condition.
Fair value modelled at €220,532 from the area baseline, adjusted for condition and location. Asking €850,000 sits €629,468 (74.1%) above — overpriced versus fair value.
Asking €850,000 versus the Carvalhal, Grândola, Setúbal area baseline of €233,920 (€1,720/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 (Condition 78 · Materials 85 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 42/100 (Housing Market 40 · Amenities 45 · Economic 35 · Tenant Quality 48). Softer demand indicators apply a discount to baseline.
Carvalhal, Grândola, Setúbal
Area baseline €233,920 + condition +€11,475 + location -€6,911 = modelled fair value of €220,532 (€1,622/m²), a €629,468 (74.1%) gap versus the €850,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Carvalhal · 1e6686 | Subject | €850,000 | €6,250 | — | 78 | 42 |
| Carvalhal · 65a833 | Active | €950,000 | €6,552 | 4.8% | 85 | 44 |
| Carvalhal · 4bbbb6 | Active | €1,390,000 | €9,145 | 46.3% | 76 | 46 |
| Carvalhal · ba3a1a | Active | €2,480,000 | €7,294 | 16.7% | 88 | 39 |
| Comporta · 65a80a | Active | €1,600,000 | €5,316 | 15.0% | 78 | 42 |
| Median comp | €1,495,000 | €6,923 | 10.8% | 82 | 43 |
Long-term rental The property is significantly overpriced at €850,000, with a fair value of only €220,532, highlighting a 74.1% gap that raises concerns for long-term rental viability. Additionally, the lack of urban amenities and a neighborhood score of 42/100 suggest low tenant demand and limited rental income potential. Value-add renovation With a fair value of €220,532, the current listing price suggests the property is overpriced by a significant margin, making value-add renovations a questionable strategy. Investing in renovations may not yield a return on investment given the neighborhood's low quality rating and overall economic viability. Family rental The property's exorbitant price tag of €850,000, compared to a fair value of €220,532, indicates that pursuing it as a family rental may not be financially sound. Moreover, with a neighborhood rating of only 42/100, families may be deterred by the lack of amenities and local infrastructure, further complicating the rental feasibility.
Economic and Tenant Instability With an economic stability score of 35/100 and a tenant stability score of 48/100, there is a significant risk of fluctuating rental income and potential tenant turnover affecting the property's profitability.
