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, 2-bathroom house of 235 m², built in 1993, energy rating D. Located on praceta da Chaminé, Alcácer do Sal (Santa Maria do Castelo, Santiago), Santa Susana parish, Alcácer do Sal municipality, Setúbal district. This house features a view of the historic Castle of Alcácer do Sal, enhancing its charm and appeal in the vibrant cultural landscape of the city.
The valuation. The asking price of €190,000 is significantly below fair value, which sits at €351,834, presenting a difference of €161,834 (85.2%). Verdict: underpriced.
Fair value modelled at €351,834 from the area baseline, adjusted for condition and location. Asking €190,000 sits €161,834 (85.2%) below — the upside to fair value.
Asking €190,000 versus the praceta da Chaminé area baseline of €404,200 (€1,720/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 63/100 (Condition 66 · Materials 60 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 46/100 (Housing Market 40 · Amenities 55 · Economic 35 · Tenant Quality 55). Softer demand indicators apply a discount to baseline.
praceta da Chaminé
Area baseline €404,200 + condition -€45,898 + location -€6,467 = modelled fair value of €351,834 (€1,497/m²), a €161,834 (85.2%) gap versus the €190,000 asking price.
Long-term rental The property in Alcácer do Sal presents a tremendous opportunity for long-term rental, with a significant gap of 85.2% against its fair value of €351,834. While the gross yield is currently at 0%, the potential for value appreciation in this rural Alentejo area is promising given the demand for housing. Buy-and-hold Investing in this property aligns well with a buy-and-hold strategy, as its current market price of €190,000 is considerably below its fair value. Although the condition rating of 63/100 indicates some need for improvement, the property represents a strong potential for capital growth over the long term in a developing area.
Weak Economic Base The low economic stability score of 35/100 suggests a high risk of economic downturns that could negatively impact rental income and property values.
