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 apartment of 110 m², built in 1983, energy rating D. Located Santiago do Cacém, Santa Cruz e São Bartolomeu da Serra parish, Santiago do Cacém municipality, Setúbal district. Noteworthy Features: The apartment features double-glazed windows throughout and electric shutters, enhancing energy efficiency and noise insulation in a tranquil residential setting.
The valuation. The asking price of €270,000 is €51,538 below the fair value of €321,538, indicating the property is underpriced by 16.0%. This presents a substantial opportunity for potential investors. Buy-to-flip angle. The buy-to-flip strategy entails purchasing the apartment to renovate modestly, aiming for a quick resale to capitalize on the price discrepancy. The objective will be to enhance its appeal before listing it at a premium. Buy-to-let angle. For investors looking at a rental income strategy, the estimated monthly rental income of €1,665 offers a robust gross yield of 7.4%. This healthcare strategy would leverage the property’s competitive pricing in the rural rental market.
Fair value modelled at €321,538 from 6 comparable sales in the area. Asking €270,000 sits €51,538 (16.0%) below — the upside to fair value.
Asking €270,000 versus the Santiago do Cacém, Santa Cruz e São Bartolomeu da Serra, Santiago do Cacém, Setúbal area baseline of €270,901 (€2,463/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 63/100 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 €270,901, adjusted for condition and micro-location, gives a modelled fair value of €321,538 (€2,923/m²), a €51,538 (16.0%) gap versus the €270,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Santiago do Cacém, Santa Cruz e São Bartolomeu da Serra · c83a1f | Subject | €270,000 | €2,455 | — | 65 | 38 |
| Santiago do Cacém, Santa Cruz e São Bartolomeu da Serra · dee60d | Active | €250,000 | €3,623 | 47.6% | — | 46 |
| Santiago do Cacém, Santa Cruz e São Bartolomeu da Serra · a8edf9 | Active | €395,000 | €2,324 | 5.3% | 75 | 48 |
| Santiago do Cacém, Santa Cruz e São Bartolomeu da Serra · efdcbe | Active | €380,000 | €2,923 | 19.1% | 72 | 47 |
| Santiago do Cacém, Santa Cruz e São Bartolomeu da Serra · a80683 | Active | €380,000 | €2,923 | 19.1% | 72 | 46 |
| Median comp | €380,000 | €2,923 | 19.1% | 72 | 47 |
Long-term rental This property offers a compelling gross yield of 7.4%, indicating strong potential for consistent cash flow in a long-term rental strategy. Given the fair value of €321,538 and the listing price of €270,000, this apartment is underpriced relative to its income-generating capabilities. Agricultural investment Situated in the rural Alentejo region, this property could appeal to investors interested in agricultural investments due to its proximity to agricultural land. The local economy and limited amenities may present challenges, but the fair value suggests a positive investment outlook if aligned with agricultural interests.
Economic and Tenant Instability The property faces a significant risk due to the combined economic stability score of 35/100 and tenant stability score of 40/100, indicating potential difficulties in attracting and retaining reliable tenants.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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