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 house of 160 m², energy rating B. Located on rua Afonso Pegas, 21, Alcácer do Sal (Santa Maria do Castelo, Santiago), Santa Susana parish, Alcácer do Sal municipality, Setúbal district. Noteworthy Features: The property includes a modern open-plan kitchen designed for efficient entertaining, and boasts outdoor space suitable for garden development or leisure activities.
The valuation. The asking price of €340,000 sits significantly below the fair value of €681,858, indicating the property is underpriced by €341,858, or 50.1%. This presents a compelling opportunity for investors seeking value.
Fair value modelled at €681,858 from 6 comparable sales in the area. Asking €340,000 sits €341,858 (50.1%) below — the upside to fair value.
Asking €340,000 versus the rua Afonso Pegas, 21 area baseline of €569,142 (€3,557/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 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 €569,142, adjusted for condition and micro-location, gives a modelled fair value of €681,858 (€4,262/m²), a €341,858 (50.1%) gap versus the €340,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Afonso Pegas, 21 | Subject | €340,000 | €2,125 | — | 85 | 41 |
| Alcácer do Sal (Santa Maria do Castelo, Santiago), Santa Susana · 43913c | Active | €1,290,000 | €4,607 | 116.8% | 72 | 48 |
| Alcácer do Sal (Santa Maria do Castelo, Santiago), Santa Susana · 1f35ec | Active | €650,000 | €1,300 | 38.8% | 73 | 45 |
| herdade de Porsches, 9 | Active | €525,000 | €4,449 | 109.4% | 75 | 35 |
| rua do Almocreves, 19 | Active | €270,000 | €4,500 | 111.8% | 75 | 48 |
| Median comp | €587,500 | €4,475 | 110.6% | 74 | 47 |
Long-term rental The property in Alcácer do Sal is positioned favorably for long-term rental due to its fair value of €681,858 compared to the listing price of €340,000, representing a notable underpricing of 50.1%. Additionally, with a gross yield of 5.1%, it offers a promising return, even with the neighbourhood rating at 41/100, which may limit tenant quality. Buy-and-hold Acquiring this property for a buy-and-hold strategy makes compelling sense as it is subvalued at 50.1% against fair market value, presenting substantial capital appreciation potential. Despite the rural setting impacting immediate housing demand, the strong underpricing suggests a long-term upward trajectory in value that can eventually be realized.
Tenant turnover risk The low tenant stability score of 45/100 indicates a heightened risk of turnover, which could lead to increased vacancy rates and associated costs for the property owner.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
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.
Log in to buy the report or use a credit
