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, 1-bathroom house of 63 m². Located Carvalhal parish, Grândola municipality, Setúbal district. This property offers a spacious unfinished attic for flexible future development and a good-sized garden with fruit trees, enhancing its potential for personal customization.
The valuation. The asking price of €898,500 significantly exceeds the fair value of €92,432 by €806,068, indicating the property is overpriced by 89.7%. This discrepancy suggests that potential investors should approach with caution, as the valuation does not align with market realities.
Fair value modelled at €92,432 from the area baseline, adjusted for condition and location. Asking €898,500 sits €806,068 (89.7%) above — overpriced versus fair value.
Asking €898,500 versus the Carvalhal, Grândola, Setúbal area baseline of €108,360 (€1,720/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 69/100 (Condition 70 · Materials 68 · Room dimensions 74). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 45/100 (Housing Market 40 · Amenities 50 · Economic 35 · Tenant Quality 50). Softer demand indicators apply a discount to baseline.
Carvalhal, Grândola, Setúbal
Area baseline €108,360 + condition -€5,611 + location -€2,001 = modelled fair value of €92,432 (€1,467/m²), a €806,068 (89.7%) gap versus the €898,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Carvalhal · 261ff7 | Subject | €898,500 | €14,262 | — | 70 | 45 |
| Comporta · 38996d | Active | €850,000 | €7,083 | 50.3% | 70 | 43 |
| Carvalhal · 956dc3 | Active | €750,000 | €5,357 | 62.4% | 65 | 45 |
| Carvalhal · 49b743 | Active | €750,000 | €5,357 | 62.4% | 65 | 53 |
| Carvalhal · 99f3f0 | Active | €750,000 | €5,357 | 62.4% | 54 | 48 |
| Median comp | €750,000 | €5,357 | 62.4% | 65 | 47 |
Long-term rental\nThe 3-bed house in Carvalhal is overpriced at €898,500, significantly exceeding its fair value of €92,432, resulting in an 89.7% gap that is unsustainable for a long-term rental strategy. With a neighborhood rating of only 45/100 and a gross yield of 0%, potential returns do not justify the high initial investment, making it a poor candidate for this strategy.\n\nFamily rental\nInvesting in this 3-bed house as a family rental is unwise given its high price of €898,500 compared to a fair value of €92,432, indicating an 89.7% overvaluation. Additionally, the limited amenities and a neighborhood rating of 45/100 suggest that it may not attract family tenants willing to pay premium rents, thereby diminishing the investment appeal.
Weak economic conditions The property's economic stability score of 35/100 indicates a high risk of declining market conditions, potentially affecting tenant retention and rental income.