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 80 m² on the 3rd floor, built in 1984, energy rating E. Located Torrão parish, Alcácer do Sal municipality, Setúbal district. This property features an exclusive uncovered terrace, perfect for outdoor gatherings, enabling a lifestyle that harmonizes indoor comfort with spacious outdoor living.
The valuation. The asking price of €299,000 sits just below the fair value of €311,528, indicating a deviation of €12,528 (4.0%). Therefore, the property is assessed as fairly priced. Buy-to-flip angle. The plan would involve a minor renovation followed by a resale aimed at first-time buyers, maximizing appeal given the apartment's high-quality finishes. A targeted sale would leverage the fair pricing to attract competitive offers. Buy-to-let angle. Given its 0% gross yield and rural nature, the rental income strategy should focus on long-term family rentals, optimizing stability in occupancy rates, although limited demand may constrain income potential.
Fair value modelled at €311,528 from 6 comparable sales in the area. Asking €299,000 sits €12,528 (4.0%) below — the upside to fair value.
Asking €299,000 versus the Torrão, Alcácer do Sal, Setúbal area baseline of €236,149 (€2,952/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 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 €236,149, adjusted for condition and micro-location, gives a modelled fair value of €311,528 (€3,894/m²), a €12,528 (4.0%) gap versus the €299,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Torrão · a8093b | Subject | €299,000 | €3,738 | — | 78 | 46 |
| Grândola e Santa Margarida da Serra · 0239d6 | Active | €375,000 | €2,315 | 38.1% | 73 | 47 |
| Grândola e Santa Margarida da Serra · 28b9a6 | Active | €550,000 | €8,730 | 133.6% | 85 | 45 |
| Grândola e Santa Margarida da Serra · a80566 | Active | €750,000 | €3,440 | 8.0% | 65 | 44 |
| Grândola e Santa Margarida da Serra · 388d98 | Active | €950,000 | €17,593 | 370.7% | 62 | 45 |
| Median comp | €650,000 | €6,085 | 62.8% | 69 | 45 |
Long-term rental The property in Torrão, Alcácer do Sal is currently listed at €299,000, which compares closely to its fair value of €311,528, indicating a negligible 4% gap. However, given the area’s low population density and rural nature, attracting long-term tenants may be challenging despite the reasonable condition of the apartment. Family rental With an overall score of 85/100 for condition, the apartment could serve a family needing space; however, the neighbourhood score of 46/100 suggests limited amenities and accessibility. The property is fairly priced at €299,000, but the rural character and economic factors may restrict its appeal to family renters.
Economic Vulnerability With an economic stability score of 35/100, there is a high risk that adverse economic conditions could negatively impact property value and rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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