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.
3-bedroom, 1-bathroom country_house of 98 m², energy rating F. Located Melides parish, Grândola municipality, Setúbal district. Noteworthy Features: The property includes a productive cork oak grove, generating both income and ecological value, and has excellent potential for sustainable tourism development given its vast land and proximity to beaches.
The valuation. The asking price of €1,500,000 is significantly above the fair value of €35,800, creating a discrepancy of €1,464,200 (97.6%). Verdict: overpriced. Buy-to-flip angle. The resale strategy focuses on targeting buyers seeking renovations, aiming for a quick turnover despite current conditions. Buy-to-let angle. With a gross yield of 0%, the rental strategy will require significant investment to make the property attractive in a rural market with limited demand for family rentals.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Melides · 483a04 | Subject | €1,500,000 | €15,306 | — | — | 42 |
| Melides · 23f3d1 | Active | €950,000 | €3,545 | 76.8% | — | 48 |
| Santo André · 49b825 | Active | €390,000 | €3,391 | 77.8% | 65 | 46 |
| Santo André · 0dcfa8 | Active | €950,000 | €8,559 | 44.1% | — | 46 |
| Grândola e Santa Margarida da Serra · 95683b | Active | €400,000 | €7,843 | 48.8% | — | 44 |
| Median comp | €675,000 | €5,694 | 62.8% | 65 | 46 |
Long-term rental The property at €1,500,000, which has a fair value of €35,800, is not positioned to deliver any return, with a gross yield of 0%. Given its overpriced status and poor condition marked at 0/100, this property is unlikely to attract tenants seeking long-term rentals. Family rental With a family-friendly appeal diminished by an overpriced valuation and a subpar neighbourhood quality score of 42/100, this property does not support a feasible family rental opportunity. Its significant gap from fair value further underscores the improbability of attracting families as tenants willing to pay such a premium.
Low Economic Resilience With an economic stability score of 35/100, there is a significant risk that economic downturns could adversely affect tenant retention and rental income stability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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