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, 3-bathroom apartment of 128 m², energy rating B. Located on rua do Cerro Maior, 56, Santiago do Cacém, Santa Cruz e São Bartolomeu da Serra parish, Santiago do Cacém municipality, Setúbal district. Unique Feature: The property boasts three spacious balconies that enhance outdoor living and provide ample natural light throughout the apartment, complemented by modern air conditioning for comfort. Unique Feature: O imóvel possui três varandas espaçosas que melhoram a vida ao ar livre e proporcionam muita luz natural em todo o apartamento, complementadas por ar condicionado moderno para conforto.
The valuation. The asking price of €395,000 is significantly lower than the fair value of €467,488, making this property subpriced by €72,488, or 15.5%. This presents a compelling opportunity for investment.
Fair value modelled at €467,488 from 6 comparable sales in the area. Asking €395,000 sits €72,488 (15.5%) below — the upside to fair value.
Asking €395,000 versus the rua do Cerro Maior, 56 area baseline of €361,578 (€2,825/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 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 €361,578, adjusted for condition and micro-location, gives a modelled fair value of €467,488 (€3,652/m²), a €72,488 (15.5%) gap versus the €395,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Cerro Maior, 56 | Subject | €395,000 | €3,086 | — | 78 | 46 |
| Santiago do Cacém, Santa Cruz e São Bartolomeu da Serra · 001992 | Active | €750,000 | €3,947 | 27.9% | 78 | 44 |
| Santiago do Cacém, Santa Cruz e São Bartolomeu da Serra · 93891a | Active | €310,000 | €3,974 | 28.8% | 80 | 45 |
| Santiago do Cacém, Santa Cruz e São Bartolomeu da Serra · dee60d | Active | €250,000 | €3,623 | 17.4% | — | 46 |
| Santiago do Cacém, Santa Cruz e São Bartolomeu da Serra · 6c7848 | Active | €335,000 | €3,681 | 19.3% | 80 | 46 |
| Median comp | €322,500 | €3,814 | 23.6% | 80 | 46 |
Value-add renovation The 4-bed apartment in Santiago do Cacém presents a significant opportunity for value-add renovations, with a fair value that exceeds the listing price by 15.5%. Enhancing the property's condition and aesthetic appeal could potentially elevate its market position and rental desirability. Long-term rental Given the low crime rates and the basic amenities available, this property is suited for long-term rental strategies, allowing it to benefit from the stable rural demographic. However, achieving a substantial gross yield might be challenging due to the area's current 0% yield status. Not ideal for The property is not well-suited for short-term vacation rentals due to its predominantly rural context with limited amenities. Additionally, it does not align with the luxury market, which may limit its appeal to high-end tenants.
Weak Market Demand The low economic stability score of 40/100 indicates a potential lack of demand for rental properties, which could lead to prolonged vacancies and lower rental income.
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