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 181 m², built in 1981. Located Grândola e Santa Margarida da Serra parish, Grândola municipality, Setúbal district. Noteworthy Features: This property includes the potential for additional construction, allowing for a second floor, offering significant investment and customization opportunities in Grândola's traditional center.
The valuation. The asking price of €350,000 is significantly above the fair value of €218,895, resulting in a premium of €131,105 (37.5%). This property is overpriced based on assessment.
Fair value modelled at €218,895 from the area baseline, adjusted for condition and location. Asking €350,000 sits €131,105 (37.5%) above — overpriced versus fair value.
Asking €350,000 versus the Grândola e Santa Margarida da Serra, Grândola, Setúbal area baseline of €439,106 (€2,426/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 43/100 (Condition 38 · Materials 45 · Room dimensions 50). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 48/100 (Housing Market 35 · Amenities 45 · Economic 40 · Tenant Quality 40). Softer demand indicators apply a discount to baseline.
Grândola e Santa Margarida da Serra, Grândola, Setúbal
Area baseline €439,106 + condition -€89,934 + location -€2,491 = modelled fair value of €218,895 (€1,209/m²), a €131,105 (37.5%) gap versus the €350,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Grândola e Santa Margarida da Serra · 262103 | Subject | €350,000 | €1,934 | — | 38 | 48 |
| Grândola e Santa Margarida da Serra · 735484 | Active | €549,000 | €2,366 | 22.4% | — | 41 |
| Grândola e Santa Margarida da Serra · 6f4088 | Active | €280,000 | €1,986 | 2.7% | 25 | 48 |
| Grândola e Santa Margarida da Serra · 82c650 | Active | €165,000 | €3,000 | 55.1% | 38 | 43 |
| praça de João de Deus, 5 | Active | €175,000 | €1,620 | 16.2% | 30 | 49 |
| Median comp | €227,500 | €2,176 | 12.5% | 30 | 46 |
Value-add renovation The property's fair value of €218,895 indicates it is overpriced by 37.5% at the current listing price of €350,000, which limits the appeal for significant upside potential through renovations. With a low condition score of 43/100, substantial investment in renovations would likely be necessary to approach fair market standards. Long-term rental Given the gross yield of 4.7%, the property does not justify its current asking price and may struggle to attract long-term tenants within the market. The underlying valuation gap suggests that profitability in a long-term rental strategy is compromised by the inflated purchase price and subpar neighborhood rating of 48/100.
High Vacancy Risk With both the economic stability and tenant stability scores at 40/100, there is a significant likelihood of high vacancy rates, which can adversely affect rental income and property value.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Login Required
Please log in or create an account to access this page.
No posts yet for this property.
