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, 2-bathroom apartment of 137 m², built in 2004, energy rating B. Located Grândola e Santa Margarida da Serra parish, Grândola municipality, Setúbal district. Noteworthy Features: The apartment includes a closed garage with an additional capacity for two cars, ensuring rare parking convenience in the central area of Grândola.
The valuation. The asking price of €549,000 is significantly above the fair value of €433,166, indicating an overvaluation of €115,834 (26.7%). This discrepancy suggests careful consideration before proceeding with a purchase.
Fair value modelled at €433,166 from 6 comparable sales in the area. Asking €549,000 sits €115,834 (26.7%) above — overpriced versus fair value.
Asking €549,000 versus the Grândola e Santa Margarida da Serra, Grândola, Setúbal area baseline of €317,835 (€2,320/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 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 €317,835, adjusted for condition and micro-location, gives a modelled fair value of €433,166 (€3,162/m²), a €115,834 (26.7%) gap versus the €549,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Grândola e Santa Margarida da Serra · a8069f | Subject | €549,000 | €4,007 | — | 75 | 43 |
| Grândola e Santa Margarida da Serra · 6273bd | Active | €275,000 | €2,926 | 27.0% | 71 | 42 |
| rua de Bocage, 26 | Active | €350,000 | €3,398 | 15.2% | 70 | 43 |
| praça Marquês de Pombal | Active | €399,000 | €3,800 | 5.2% | 68 | 53 |
| praça António Abílio Camacho, 6 | Active | €399,000 | €4,640 | 15.8% | 72 | 47 |
| Median comp | €374,500 | €3,599 | 10.2% | 71 | 45 |
Long-term rental The property's gross yield of 3.2% may not justify its price of €549,000, particularly as the fair value is significantly lower at €433,166. With a neighborhood rating of just 43/100, long-term rental demand is likely to be limited, making this investment less favorable. Agricultural lease Given the rural context of Grândola e Santa Margarida da Serra, an agricultural lease could provide a steady income stream, but the high listing price of €549,000 against a fair value of €433,166 suggests the investment is overpriced. The low neighborhood rating of 43/100 further indicates potential challenges in capitalizing on agricultural opportunities at this price point.
Low tenant retention risk The property faces a potential challenge with tenant retention, given a tenant stability score of 50/100, indicating average likelihood of tenants remaining long-term, compounded by an economic stability score of 35/100 that suggests broader economic challenges which may affect rent payments and demand.
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