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, 1-bathroom house of 108 m². Located on praça de João de Deus, 5, Grândola e Santa Margarida da Serra parish, Grândola municipality, Setúbal district. Unique Feature: This property includes a backyard with fruit trees and the potential for a small pool, enhancing outdoor living options in a historic setting. Additional Note: Located in an area ripe for urban rehabilitation, making it ideal for investment or customization.
The valuation. The asking price of €175,000 is significantly above the fair value of €123,423, resulting in an overpricing of €51,577 (29.5%). This property does not present a financially sound opportunity based on its current valuation.
Fair value modelled at €123,423 from the area baseline, adjusted for condition and location. Asking €175,000 sits €51,577 (29.5%) above — overpriced versus fair value.
Asking €175,000 versus the praça de João de Deus, 5 area baseline of €185,760 (€1,720/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 39/100 (Condition 30 · Materials 40 · Room dimensions 45). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 49/100 (Housing Market 40 · Amenities 50 · Economic 35 · Tenant Quality 55). Softer demand indicators apply a discount to baseline.
praça de João de Deus, 5
Area baseline €185,760 + condition -€61,594 + location -€743 = modelled fair value of €123,423 (€1,143/m²), a €51,577 (29.5%) gap versus the €175,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praça de João de Deus, 5 | Subject | €175,000 | €1,620 | — | 30 | 49 |
| Grândola e Santa Margarida da Serra · 262103 | Active | €350,000 | €1,934 | 19.3% | 38 | 48 |
| Grândola e Santa Margarida da Serra · 6f4088 | Active | €280,000 | €1,986 | 22.6% | 25 | 48 |
| Grândola e Santa Margarida da Serra · 735484 | Active | €549,000 | €2,366 | 46.0% | — | 41 |
| Grândola e Santa Margarida da Serra · 82c650 | Active | €165,000 | €3,000 | 85.1% | 38 | 43 |
| Median comp | €315,000 | €2,176 | 34.3% | 38 | 46 |
Long-term rental The property, with a gross yield of 7.7%, offers potential for consistent cash flow; however, at a listing price of €175,000, it is overpriced compared to the fair value of €123,423. Furthermore, the condition rating of 39/100 and neighborhood score of 49/100 suggest that rental demand may be limited and tenant quality could be below average. Value-add renovation While the property may attract investors seeking to increase value through renovations, its current listing price of €175,000 is still significantly above the fair value of €123,423, indicating it is overpriced. With a condition rating of 39/100, the renovation costs could potentially outweigh the future value gains, making this strategy risky. Not ideal for The property is not suitable for student housing due to its rural location and lower neighborhood scores, which may deter student tenants from seeking accommodations here. Additionally, it is also not aligned with luxury market expectations nor suited for short-term vacation rentals given its condition and high valuation relative to fair market prices.
Economic Vulnerability The economic stability score of 35/100 indicates a high risk for potential income instability and value depreciation.