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.
1-bedroom, 1-bathroom apartment of 88 m², energy rating C. Located on alameda do Zambujeiro, Carvalhal parish, Grândola municipality, Setúbal district. This apartment features an expansive 11th-floor terrace that allows for uninterrupted sea views, enhancing the open-concept living space with abundant natural light.
The valuation. The asking price of €485,000 is significantly above the fair value of €147,564, representing an excess of €337,436 or 69.6%. This property can be classified as overpriced.
Fair value modelled at €147,564 from the area baseline, adjusted for condition and location. Asking €485,000 sits €337,436 (69.6%) above — overpriced versus fair value.
Asking €485,000 versus the alameda do Zambujeiro area baseline of €296,296 (€3,367/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 (Condition 85 · Materials 80 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 48/100 (Housing Market 50 · Amenities 40 · Economic 40 · Tenant Quality 50). Softer demand indicators apply a discount to baseline.
alameda do Zambujeiro
Area baseline €296,296 + condition +€8,938 + location -€1,118 = modelled fair value of €147,564 (€1,677/m²), a €337,436 (69.6%) gap versus the €485,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| alameda do Zambujeiro | Subject | €485,000 | €5,511 | — | 85 | 48 |
| rua do Rosmaninho | Active | €565,000 | €4,248 | 22.9% | 79 | 41 |
| rua do Zimbro | Active | €775,000 | €7,045 | 27.8% | 80 | 54 |
| Carvalhal · 90d7f9 | Active | €570,000 | €4,385 | 20.4% | 80 | 51 |
| Carvalhal · 38acd0 | Active | €549,000 | €5,279 | 4.2% | 80 | 50 |
| Median comp | €567,500 | €4,832 | 12.3% | 80 | 51 |
Long-term rental The 1-bed apartment in Carvalhal, Grândola is overpriced at €485,000, which is significantly above the fair value of €147,564, resulting in a 69.6% gap. With a gross yield of only 2.4% and a neighbourhood rating of 48/100, this investment is unlikely to provide satisfactory returns in the long-term rental market. Value-add renovation Despite its current condition rating of 82/100, the 1-bed apartment's market price of €485,000 suggests it is overpriced compared to the estimated fair value of €147,564, posing a challenge for any value-add renovation strategy. The high valuation limits the potential for a profitable return on renovation investments in a neighbourhood with considerable shortcomings, as indicated by its low score. Not ideal for: The current price does not support student housing, as the yield and opportunity for profitability are not aligned with the expected demands of that market segment. Additionally, pursuing the luxury market is inadvisable given the apartment's high valuation and the 48/100 neighbourhood rating, which fails to meet luxury market expectations.
Economic volatility risk With an economic stability score of 40/100, the property is exposed to significant fluctuations in the local economy, which may undermine tenant retention and overall rental income.
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