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 82 m², energy rating C. Located on rua do Laranjal, 2, Alcácer do Sal (Santa Maria do Castelo, Santiago), Santa Susana parish, Alcácer do Sal municipality, Setúbal district. This property features two fronts for excellent natural ventilation and PVC windows recently replaced for thermal insulation, enhancing both comfort and energy efficiency.
The valuation. The asking price of €198,000 is significantly below the fair value of €240,262, indicating the property is subvalued by €42,262 (17.6%). This presents a unique opportunity for investors. Buy-to-flip angle. The strategy would focus on cosmetic improvements to enhance the apartment's appeal and marketability, potentially allowing for quick resale at a premium price. Buy-to-let angle. With an estimated rental income of €660/month, the gross yield stands at 4%, making this a solid option for long-term rental investors looking for steady income.
Fair value modelled at €240,262 from 6 comparable sales in the area. Asking €198,000 sits €42,262 (17.6%) below — the upside to fair value.
Asking €198,000 versus the rua do Laranjal, 2 area baseline of €210,152 (€2,563/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 60/100 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 €210,152, adjusted for condition and micro-location, gives a modelled fair value of €240,262 (€2,930/m²), a €42,262 (17.6%) gap versus the €198,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Laranjal, 2 | Subject | €198,000 | €2,415 | — | 62 | 47 |
| Alcácer do Sal (Santa Maria do Castelo, Santiago), Santa Susana · 622786 | Active | €259,000 | €2,292 | 5.1% | 64 | 43 |
| Alcácer do Sal (Santa Maria do Castelo, Santiago), Santa Susana · 438f14 | Active | €270,000 | €3,176 | 31.6% | 70 | 50 |
| Alcácer do Sal (Santa Maria do Castelo, Santiago), Santa Susana · 622982 | Active | €300,000 | €2,703 | 11.9% | 73 | 52 |
| rua dos Ciprestes | Active | €330,000 | €2,129 | 11.8% | 75 | 53 |
| Median comp | €285,000 | €2,498 | 3.4% | 72 | 51 |
Long-term rental The current listing price of €198,000 is attractive given that it is subvalorizada by 17.6% compared to its fair value of €240,262. This investment presents a 4% gross yield, which indicates potential for steady income in a rural location. Buy-and-hold Acquiring this property can be seen as a strategic move, as it is subvalorizada, offering a potential gap that could translate into appreciation over time. The apartment's central location in Alcácer do Sal, along with current market conditions, suggests a favorable environment for long-term growth despite its modest rating for neighborhood quality.
Economic Vulnerability With an economic stability score of 35/100, the property is at high risk due to potential market fluctuations and economic downturns that could impact rental income and property value.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Login Required
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Sign in to buy the report or use a credit
