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, built in 1998, energy rating C. Located Carvalhal parish, Grândola municipality, Setúbal district. Noteworthy Features: Spacious private terrace adorned with traditional Portuguese sidewalk, ideal for outdoor gatherings, enhancing the apartment's living space and providing excellent privacy.
The valuation. The asking price of €499,000 exceeds the fair value of €146,535 by €352,465, representing a significant overvaluation of 70.6%. This discrepancy indicates that the property is overpriced for its current market conditions.
Fair value modelled at €146,535 from the area baseline, adjusted for condition and location. Asking €499,000 sits €352,465 (70.6%) above — overpriced versus fair value.
Asking €499,000 versus the Carvalhal, Grândola, Setúbal area baseline of €296,296 (€3,367/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 75 · Materials 80 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 56/100 (Housing Market 50 · Amenities 50 · Economic 45 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Carvalhal, Grândola, Setúbal
Area baseline €296,296 + condition +€3,438 + location +€3,354 = modelled fair value of €146,535 (€1,665/m²), a €352,465 (70.6%) gap versus the €499,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Carvalhal · be91f4 | Subject | €499,000 | €5,670 | — | 75 | 56 |
| estrada Sem Nome | Active | €1,480,000 | €12,437 | 119.3% | 75 | 49 |
| Carvalhal · 0dcbc4 | Active | €1,250,000 | €8,224 | 45.0% | 78 | 49 |
| rua de Alcoutim, 285 | Active | €795,000 | €4,907 | 13.5% | 65 | 47 |
| Carvalhal · cfe24a | Active | €540,000 | €4,500 | 20.6% | 66 | 57 |
| Median comp | €1,022,500 | €6,566 | 15.8% | 71 | 49 |
Long-term rental Given its listing price of €499,000 compared to a fair value of only €146,535, this 1-bed apartment represents a significant overpricing of 70.6%. With a low gross yield of 2.7% and a neighborhood score of 56/100, the potential long-term rental income does not justify this investment. Buy-and-hold Investing in this property as a buy-and-hold strategy is unwise, considering the substantial gap from its fair value at €146,535 to the listing price of €499,000. Furthermore, the property’s yield of 2.7% and a condition rating of 78/100 do not support the notion of potential appreciation in a rural area characterized by limited economic dynamics and amenities.
Economic Reliance Risk Low economic stability score of 45/100 indicates potential vulnerability to job losses or economic downturns that may affect rental income stability.
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