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 142 m², energy rating E. Located Carvalhal parish, Grândola municipality, Setúbal district. Noteworthy Features: The apartment boasts a traditional fireplace in the spacious living room and the potential for easy conversion from a T2 to a T3 layout, enhancing versatility.
The valuation. The asking price of €655,000 is positioned slightly below the fair value of €696,852, which represents a difference of €41,852 (6.0%). This suggests that the property is reasonably priced in the current market context.
Fair value modelled at €696,852 from 5 comparable sales in the area. Asking €655,000 sits €41,852 (6.0%) below — the upside to fair value.
Asking €655,000 versus the Carvalhal, Grândola, Setúbal area baseline of €657,199 (€4,628/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 69/100 is below the parish average, reducing 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 €657,199, adjusted for condition and micro-location, gives a modelled fair value of €696,852 (€4,907/m²), a €41,852 (6.0%) gap versus the €655,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Carvalhal · ee88b6 | Subject | €655,000 | €4,613 | — | 65 | 51 |
| urbanização Soltróia, 65 | Active | €575,000 | €3,734 | 19.1% | 70 | 46 |
| Carvalhal · be91f4 | Active | €499,000 | €5,670 | 22.9% | 75 | 56 |
| via Catamaran Or Ferry | Active | €525,000 | €4,303 | 6.7% | 71 | 49 |
| rua de Alcoutim, 285 | Active | €795,000 | €4,907 | 6.4% | 65 | 47 |
| Median comp | €550,000 | €4,605 | 0.2% | 71 | 48 |
Long-term rental This property presents a fair market value compared to its listing price, making it a reasonable option for long-term rental investments. However, with a gross yield of 0% and a low neighbourhood score of 51/100, potential returns may be limited in the semi-rural context. Value-add renovation While the property is priced fairly, the 69/100 condition rating suggests there is room for improvement through renovations. This strategy could enhance tenant appeal and potentially increase rental income over time, but the current neighbourhood limitations should be considered in the renovation plan. Buy-and-hold As a buy-and-hold investment, the property's fair pricing aligns well with long-term market stability, yet the lack of growth drivers in the semi-rural region may hinder appreciation potential. Investors should weigh the property’s average condition and neighbourhood rating against the prospects of long-term value growth.
Economic Vulnerability The low economic stability score of 45/100 indicates a higher risk of economic downturns, which could impact rental income and property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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