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 apartment of 113 m², built in 1989, energy rating D. Located Alcácer do Sal (Santa Maria do Castelo, Santiago), Santa Susana parish, Alcácer do Sal municipality, Setúbal district. This property features an independent entrance and a spacious outdoor area, perfect for potential landscaping projects or personal garden development, enhancing its charm and privacy.
The valuation. The asking price of €259,000 is significantly below the fair value of €357,860, presenting an opportunity with a difference of €98,860 (27.6%). The property is currently subpriced in the market. Buy-to-flip angle. A buy-to-flip strategy could yield positive results given the potential for resale at market value, allowing investors to capitalize on the significant price gap of €98,860. Buy-to-let angle. With an estimated gross yield of 0% at present, the property may suit a long-term rental strategy targeting families, particularly in a peripheral market where demand may gradually increase.
Fair value modelled at €357,860 from 6 comparable sales in the area. Asking €259,000 sits €98,860 (27.6%) below — the upside to fair value.
Asking €259,000 versus the Alcácer do Sal (Santa Maria do Castelo, Santiago), Santa Susana, Alcácer do Sal, Setúbal area baseline of €310,341 (€2,746/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 63/100 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 €310,341, adjusted for condition and micro-location, gives a modelled fair value of €357,860 (€3,167/m²), a €98,860 (27.6%) gap versus the €259,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Alcácer do Sal (Santa Maria do Castelo, Santiago), Santa Susana · 622786 | Subject | €259,000 | €2,292 | — | 64 | 43 |
| rua dos Ciprestes | Active | €330,000 | €2,129 | 7.1% | 75 | 53 |
| Alcácer do Sal (Santa Maria do Castelo, Santiago), Santa Susana · 438f14 | Active | €270,000 | €3,176 | 38.6% | 70 | 50 |
| Alcácer do Sal (Santa Maria do Castelo, Santiago), Santa Susana · 622982 | Active | €300,000 | €2,703 | 17.9% | 73 | 52 |
| Alcácer do Sal (Santa Maria do Castelo, Santiago), Santa Susana · 483ac6 | Active | €451,500 | €3,157 | 37.8% | 80 | 39 |
| Median comp | €315,000 | €2,930 | 27.8% | 74 | 51 |
Long-term rental This 3-bed apartment in Alcácer do Sal is positioned well for long-term rental given the significant price gap of 27.6% from its fair value of €357,860. With a fair value reflecting the potential for appreciation, this property is appealing to investors seeking stable returns in a rural context. Family rental The spacious layout of this 113m² apartment makes it suitable for family rentals, while its underpriced status offers a strategic entry point for landlords. The property’s value enhancement prospects, alongside its reasonable configuration, align well with family living demands in the peripheral Alentejo area.
Tenant turnover risk: With a tenant stability score of 40/100, there is a significant risk of high tenant turnover, which can lead to increased vacancy rates and associated costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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