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.
6-bedroom, 7-bathroom house of 413 m², built in 2024, energy rating A. Located on urbanização Brejos da Carregueira de Baixo Melides, Melides parish, Grândola municipality, Setúbal district. Unique Element: The property includes an approved project for potential expansion, allowing for personalized enhancements on a spacious 326m² lot adjacent to the main residence.
The valuation. The asking price of €1,150,000 significantly exceeds the fair value of €145,626 by €1,004,374, marking it as 87.3% overpriced. This valuation suggests that the property is not positioned within reasonable market expectations.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| urbanização Brejos da Carregueira de Baixo Melides | Subject | €1,150,000 | €2,785 | — | — | 40 |
| Comporta · 28b754 | Active | €2,200,000 | €6,687 | 140.1% | 80 | 51 |
| Carvalhal · 25f698 | Active | €4,495,000 | €12,349 | 343.5% | 85 | 51 |
| Carvalhal · ba3a1a | Active | €2,480,000 | €7,294 | 162.0% | 88 | 39 |
| Carvalhal · 4a7d02 | Active | €2,900,000 | €3,201 | 15.0% | 75 | 44 |
| Median comp | €2,690,000 | €6,991 | 151.1% | 83 | 48 |
Long-term rental This property is overpriced at €1,150,000, significantly surpassing the fair value of €145,626, reflecting a gap of 87.3%. With a gross yield of 0% and a condition score of 0/100, it is unlikely to attract long-term tenants in the current market environment. Family rental Priced at €1,150,000, this house is not a viable option for family rentals given its dramatic overvaluation against a fair value of €145,626. The poor condition rating of 0/100 further diminishes its suitability for families seeking quality housing in the rural Alentejo area.
High vacancy risk With an economic stability score of 35/100 and a tenant stability score of 50/100, there is a significant likelihood of difficulty in retaining tenants, leading to potential high vacancy rates.
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