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.
0-bedroom, 0-bathroom house of 683 m², energy rating E. Located Torrão parish, Alcácer do Sal municipality, Setúbal district. This manor house features distinct Alentejo architectural elements, including original wrought iron balconies and impressive vaulted brick ceilings, offering significant potential for refurbishment and transformation.
The valuation. The asking price of €295,000 is significantly below the fair value of €571,217, presenting an opportunity at €276,217 less than the fair assessment, making this property underpriced by 93.6%. Buy-to-flip angle. With strategic renovations, the property could be resold at a higher price, capitalizing on its advantageous listing compared to the fair market value. A focused investment in improvements may enable a profitable exit strategy. Buy-to-let angle. The rural location limits potential rental income, with current gross yield at 0%. However, a buy-and-hold strategy could attract long-term tenants seeking affordable housing despite the area's growth challenges.
Fair value modelled at €571,217 from the area baseline, adjusted for condition and location. Asking €295,000 sits €276,217 (93.6%) below — the upside to fair value.
Asking €295,000 versus the Torrão, Alcácer do Sal, Setúbal area baseline of €1,226,668 (€1,796/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 27/100 (Condition 20 · Materials 30 · Room dimensions 40). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 49/100 (Housing Market 40 · Amenities 40 · Economic 35 · Tenant Quality 50). Softer demand indicators apply a discount to baseline.
Torrão, Alcácer do Sal, Setúbal
Area baseline €1,226,668 + condition -€509,048 + location -€4,338 = modelled fair value of €571,217 (€836/m²), a €276,217 (93.6%) gap versus the €295,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Torrão · dc1390 | Subject | €295,000 | €432 | — | 20 | 49 |
| Torrão · 0dcf81 | Active | €180,000 | €325 | 24.6% | — | 45 |
| praça de João de Deus, 5 | Active | €175,000 | €1,620 | 275.2% | 30 | 49 |
| Azinheira dos Barros e São Mamede do Sádão · 937376 | Active | €118,900 | €1,101 | 154.9% | 35 | 47 |
| Grândola e Santa Margarida da Serra · 6f4088 | Active | €280,000 | €1,986 | 359.8% | 25 | 48 |
| Median comp | €177,500 | €1,361 | 215.0% | 30 | 48 |
Long-term rental The property offers a significant gap of 93.6% compared to the fair value, indicating a potential for long-term capital appreciation. However, its location in rural Alentejo may limit tenant demand and rental yield prospects, which should be carefully considered. Buy-and-hold With the property's listing price being substantially below its fair value, it presents a compelling opportunity for a buy-and-hold strategy aimed at future appreciation. Investors should be aware, though, that rural economic conditions may affect growth timelines and tenant quality over the long term.
High Tenant Turnover Risk The tenant stability score of 50/100 indicates potential challenges in retaining tenants, which could lead to increased vacancy rates and financial instability for the property.
