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, 2-bathroom house of 100 m², built in 1981. Located Alcácer do Sal (Santa Maria do Castelo, Santiago), Santa Susana parish, Alcácer do Sal municipality, Setúbal district. Noteworthy Features: The property is adaptable for investment as it consists of two fully independent T2 apartments, ensuring privacy and flexibility for rental opportunities or family living.
The valuation. The asking price of €494,000 is €46,542 (10.4%) above the fair value of €447,458, indicating that this property sits at a valuation considered fair. Buy-to-flip angle. A resale strategy could target local buyers or investors looking for renovated homes, leveraging the property's high-quality materials and finishes for a profit. Buy-to-let angle. The projected rental income from long-term leases appears unviable, with a gross yield of 0%, highlighting limited demand due to the neighborhood's mixed ratings and lack of local employment.
Fair value modelled at €447,458 from 6 comparable sales in the area. Asking €494,000 sits €46,542 (10.4%) above — overpriced versus fair value.
Asking €494,000 versus the Alcácer do Sal (Santa Maria do Castelo, Santiago), Santa Susana, Alcácer do Sal, Setúbal area baseline of €381,078 (€3,811/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 €381,078, adjusted for condition and micro-location, gives a modelled fair value of €447,458 (€4,475/m²), a €46,542 (10.4%) gap versus the €494,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Alcácer do Sal (Santa Maria do Castelo, Santiago), Santa Susana · cc9afa | Subject | €494,000 | €4,940 | — | 76 | 47 |
| Alcácer do Sal (Santa Maria do Castelo, Santiago), Santa Susana · 831696 | Active | €1,250,000 | €7,716 | 56.2% | 70 | 41 |
| rua do Almocreves, 19 | Active | €270,000 | €4,500 | 8.9% | 75 | 48 |
| Alcácer do Sal (Santa Maria do Castelo, Santiago), Santa Susana · f5ebae | Active | €294,000 | €4,141 | 16.2% | 62 | 39 |
| herdade de Porsches, 9 | Active | €525,000 | €4,449 | 9.9% | 75 | 35 |
| Median comp | €409,500 | €4,475 | 9.4% | 73 | 40 |
Long-term rental The property offers a fair valuation at €494,000 with a gap of 10.4% from the fair value, indicating it is not a bargain. Given the 0% gross yield and the neighborhood's low amenity score of 47/100, it may struggle to attract long-term tenants. Buy-and-hold While the property is priced fairly, its overall condition score of 78/100 suggests that immediate maintenance or improvements may be required. The rural setting with limited local employment opportunities further implies that potential appreciation could be sluggish over time. Family rental With the property valued fairly but yielding 0% gross, attracting families might be challenging due to the limitations in local amenities (47/100). Additionally, the agricultural focus of the area may not align with the desires of families seeking diverse community resources and convenient access to services.
High Economic Risk With an economic stability score of 35/100, the property may face significant financial instability that could impact tenant demand and rental income.
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