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.
0-bedroom, 0-bathroom mix_use_building of 238 m², energy rating B. Located Grândola e Santa Margarida da Serra parish, Grândola municipality, Setúbal district. Noteworthy Features: This newly developed property includes unique private patios for each suite, enhancing outdoor living space, and boasts a modern aesthetic with high-quality furnishings promoting a vibrant atmosphere.
The valuation. The asking price of €1,500,000 significantly exceeds the fair value of €409,276, suggesting an overvaluation of €1,090,724 (72.7%). This price point does not present a sound investment opportunity considering the disparity. Buy-to-flip angle. Given the considerable markup, a buy-to-flip strategy would require significant value-add renovations to justify a potential resale at a profit, despite the current high asking price. Buy-to-let angle. The property’s estimated gross yield of 0% indicates no current rental income; thus, a buy-to-let strategy would necessitate careful evaluation of long-term rental potential in the rural Alentejo market.
Fair value modelled at €409,276 from the area baseline, adjusted for condition and location. Asking €1,500,000 sits €1,090,724 (72.7%) above — overpriced versus fair value.
Asking €1,500,000 versus the Grândola e Santa Margarida da Serra, Grândola, Setúbal area baseline of €409,360 (€1,720/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 (Condition 75 · Materials 80 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 42/100 (Housing Market 35 · Amenities 35 · Economic 40 · Tenant Quality 50). Softer demand indicators apply a discount to baseline.
Grândola e Santa Margarida da Serra, Grândola, Setúbal
Area baseline €409,360 + condition +€13,016 + location -€13,100 = modelled fair value of €409,276 (€1,720/m²), a €1,090,724 (72.7%) gap versus the €1,500,000 asking price.
Value-add renovation The property, listing at €1,500,000 and significantly above its fair value of €409,276, presents a substantial gap of 72.7%, indicating that renovation efforts would not justify the current pricing. Given the condition rating of 79/100, the required renovation costs are unlikely to yield sufficient returns to make the investment viable. Long-term rental With a gross yield of 0% and a neighborhood quality score of only 42/100, the long-term rental strategy is not feasible for this property as it is already overpriced. The agricultural focus of the location adds to the challenges of attracting reliable tenants, further diminishing any rental return potential.
Economic Vulnerability The property faces significant economic risk due to its low Economic Stability score of 40/100, indicating a weak local economy that may affect tenant retention and rental income. Tenant Turnover Risk With a Tenant Stability score of only 50/100, the likelihood of tenant turnover is elevated, potentially leading to periods of vacancy and decreased cash flow.