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.
2-bedroom, 1-bathroom apartment of 163 m² on the 3rd floor, energy rating D. Located on largo Zeca Afonso, Grândola e Santa Margarida da Serra parish, Grândola municipality, Setúbal district. Noteworthy Features: The apartment includes two balconies that enhance both outdoor living and natural light, while the nearby square features a playground for family-friendly leisure activities.
The valuation. The asking price of €275,000 is significantly below the fair value of €548,131, presenting a discrepancy of €273,131, or 49.8%. This property is undeniably subvalued, making it an attractive opportunity for discerning investors.
Fair value modelled at €548,131 from 6 comparable sales in the area. Asking €275,000 sits €273,131 (49.8%) below — the upside to fair value.
Asking €275,000 versus the largo Zeca Afonso area baseline of €459,477 (€2,819/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 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 €459,477, adjusted for condition and micro-location, gives a modelled fair value of €548,131 (€3,363/m²), a €273,131 (49.8%) gap versus the €275,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| largo Zeca Afonso | Subject | €275,000 | €1,687 | — | 68 | 43 |
| Grândola e Santa Margarida da Serra · 49b715 | Active | €199,000 | €1,543 | 8.6% | 60 | 43 |
| Grândola e Santa Margarida da Serra · 956e00 | Active | €199,000 | €1,543 | 8.6% | 60 | 49 |
| Grândola e Santa Margarida da Serra · 6273bd | Active | €275,000 | €2,926 | 73.4% | 71 | 42 |
| praça António Abílio Camacho, 6 | Active | €399,000 | €4,640 | 175.0% | 72 | 47 |
| Median comp | €237,000 | €2,235 | 32.4% | 66 | 45 |
Long-term rental This 2-bed apartment in Grândola e Santa Margarida da Serra, listed at €275,000, presents a potential investment opportunity with a significant gap of 49.8% against its fair value of €548,131. Given its rural location and a condition rating of 65/100, it may attract long-term tenants seeking affordability in a peaceful environment, despite the lower yield of 0%. Family rental The apartment's size of 163m² makes it suitable for family rentals, appealing to those looking for spacious living in a serene setting, especially given the property’s attractive listing price compared to its fair value. Although neighborhood amenities are rated low at 43/100, families may be drawn to the tranquility of the Alentejo region for their long-term residence, making this a viable option despite lacking local economic activity.
Low Economic Stability Risk With an economic stability score of 35/100, the property is at risk of declining rental demand and potential tenant turnover, affecting overall cash flow 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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