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.
9-bedroom, 4-bathroom house of 360 m². Located on avenida Jorge de Vasconcelos Nunes, 36, Grândola e Santa Margarida da Serra parish, Grândola municipality, Setúbal district. This property is approved for a significant multi-use development, allowing construction of three-story buildings with a basement, enhancing its potential for both residential and commercial investment.
The valuation. The asking price of €3,000,000 sits significantly above the fair value of €184,941, resulting in a disparity of €2,815,059 (93.8%). This property is clearly overpriced and does not justify its current listing price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Jorge de Vasconcelos Nunes, 36 | Subject | €3,000,000 | €8,333 | — | — | 45 |
| rua Vitorino Batista S / N | Active | €330,000 | €2,619 | 68.6% | — | 45 |
| avenida António Inácio da Cruz, 22 | Active | €480,000 | €2,775 | 66.7% | 78 | 42 |
| Grândola e Santa Margarida da Serra · de0bae | Active | €549,000 | €3,588 | 56.9% | — | 46 |
| Grândola e Santa Margarida da Serra · 001ae3 | Active | €775,000 | €2,516 | 69.8% | 74 | 38 |
| Median comp | €514,500 | €2,697 | 67.6% | 76 | 44 |
Long-term rental Long-term rental potential is severely limited due to the property’s 93.8% gap from fair value, indicating a significant overvaluation. With a gross yield of 0% and a low neighborhood rating of 45/100, investing in this strategy would likely result in negative cash flow. Value-add renovation Considering the property's appalling condition rating of 0/100, the renovation costs could exceed any potential return, especially given the staggering 93.8% overvaluation. Additionally, the rural and agricultural context provides minimal economic activity, further diminishing the appeal for a value-add strategy. Not ideal for Given the excessive pricing and lack of amenities in the neighborhood, the property is not suitable for short-term vacation rentals or catering to the student housing market. Furthermore, the luxury market is unlikely to find value in such an overpriced asset, which is steeped in rural and agricultural confines.
Economic Instability Risk The property may face challenges due to a low economic stability score of 35/100, indicating potential vulnerabilities to market fluctuations and economic downturns affecting tenant demand.
