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 apartment of 103 m², energy rating B. Located on rua de Bocage, 26, Grândola e Santa Margarida da Serra parish, Grândola municipality, Setúbal district. Noteworthy features: This apartment boasts a stone-clad heat recuperator and a balcony with a barbecue, enhancing comfort and outdoor living in a central location in Grândola.
The valuation. The asking price of €350,000 sits €189,066 (54.0%) above the fair value of €160,934, indicating the property is overpriced. This discrepancy raises concerns about the potential for a solid return on investment.
Fair value modelled at €160,934 from the area baseline, adjusted for condition and location. Asking €350,000 sits €189,066 (54.0%) above — overpriced versus fair value.
Asking €350,000 versus the rua de Bocage, 26 area baseline of €249,878 (€2,426/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 (Condition 70 · Materials 72 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 43/100 (Housing Market 35 · Amenities 40 · Economic 38 · Tenant Quality 45). Softer demand indicators apply a discount to baseline.
rua de Bocage, 26
Area baseline €249,878 + condition -€11,266 + location -€4,960 = modelled fair value of €160,934 (€1,562/m²), a €189,066 (54.0%) gap versus the €350,000 asking price.
Long-term rental The 2-bed apartment in Grândola e Santa Margarida da Serra is listed at €350,000, which significantly exceeds the fair value of €160,934, indicating that the property is overpriced by 54.0%. With a gross yield of only 3.7% and a neighbourhood rating of 43/100, the long-term rental potential is limited and unappealing to investors seeking optimal returns. Family rental At a listing price of €350,000, this apartment is overpriced compared to the fair value of €160,934, presenting a gap of 54.0%. Given the subpar condition score of 68/100 and the lack of amenities suitable for family living in the area, this property is likely to struggle in attracting long-term family tenants. Not ideal for: This property is not suitable for a short-term vacation rental due to its rural location and limited market appeal. Additionally, its price point places it out of reach for the luxury market and the tenant demographic in need of student housing is unlikely to be interested given the local economic context.
High Vacancy Risk The combination of an economic stability score of 38/100 and a tenant stability score of 45/100 indicates a significant risk of realizing high vacancy rates due to potential economic downturns and unreliable tenant retention.
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