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.
4-bedroom, 2-bathroom house of 500 m², energy rating B. Located Alcácer do Sal (Santa Maria do Castelo, Santiago), Santa Susana parish, Alcácer do Sal municipality, Setúbal district. Noteworthy Features: The property includes a traditional Alentejo kitchen and a large attic with high potential for conversion, enhancing its appeal for various uses and activities.
The valuation. The asking price of €650,000 sits significantly below the fair value of €985,801, indicating a potential undervaluation of €335,801 or 34.1%. This presents an attractive opportunity for discerning investors. Buy-to-flip angle. A buy-to-flip strategy could capitalize on the property's below-market asking price, targeting renovations to enhance appeal and expedite resale for a profit within a short timeframe. Buy-to-let angle. With a gross yield of 0%, the property currently lacks rental income potential; however, long-term rental strategies could be pursued, aiming to increase occupancy and generate consistent cash flow once improvements are made.
Fair value modelled at €985,801 from 6 comparable sales in the area. Asking €650,000 sits €335,801 (34.1%) below — the upside to fair value.
Asking €650,000 versus the Alcácer do Sal (Santa Maria do Castelo, Santiago), Santa Susana, Alcácer do Sal, Setúbal area baseline of €758,030 (€1,516/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 69/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €758,030, adjusted for condition and micro-location, gives a modelled fair value of €985,801 (€1,972/m²), a €335,801 (34.1%) gap versus the €650,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Alcácer do Sal (Santa Maria do Castelo, Santiago), Santa Susana · 1f35ec | Subject | €650,000 | €1,300 | — | 73 | 45 |
| rua do Barrancão | Active | €890,000 | €2,060 | 58.5% | — | 49 |
| Alcácer do Sal (Santa Maria do Castelo, Santiago), Santa Susana · 0014d5 | Active | €499,000 | €1,299 | 0% | 75 | 56 |
| rua do Barrancão | Active | €890,000 | €2,060 | 58.5% | 75 | 48 |
| rua das Cegonhas | Active | €400,000 | €1,739 | 33.8% | 72 | 54 |
| Median comp | €694,500 | €1,900 | 46.1% | 75 | 52 |
Buy-and-hold\nThe property in Alcácer do Sal is currently valued significantly below its fair value, presenting an opportunity for long-term appreciation. Given the rural location may restrict demand, investors should remain cautious but could benefit from the property's potential to appreciate as the area develops.\n\nLong-term rental\nWith a current yield of 0% and a fair value gap of 34.1%, this property does not offer a compelling rental opportunity in the existing economic climate. Prospective tenants may be limited due to the neighbourhood's low amenity score, signaling challenges in securing long-term renters.
High Vacancy Risk With an economic stability score of 30/100 and a tenant stability score of 45/100, the property may face higher-than-average vacancy rates due to the unstable economic and tenant environment.
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