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 91 m² on the 1st floor, built in 1986, energy rating E. Located Grândola e Santa Margarida da Serra parish, Grândola municipality, Setúbal district. Noteworthy Features: The apartment includes an attic space offering additional storage, and both the kitchen and living room feature balconies that enhance natural light and outdoor access.
The valuation. The asking price of €249,850 is considerably above the fair value of €153,528, reflecting an overpricing of €96,322 (62.7%). This indicates a significant discrepancy between market expectations and property value. Buy-to-flip angle. Given the current market conditions, a buy-to-flip strategy may not be optimal, as the pricing suggests that there is no immediate margin for profit on resale. Buyers need to consider comprehensive renovation to enhance value before selling. Buy-to-let angle. The estimated gross yield of 7.8% suggests a rental income potential of around €1,624 per month, making it a viable option for long-term rentals despite the property being overpriced. This could attract stable tenants looking for a rural lifestyle.
Fair value modelled at €153,528 from 6 comparable sales in the area. Asking €249,850 sits €96,322 (62.7%) above — overpriced versus fair value.
Asking €249,850 versus the Grândola e Santa Margarida da Serra, Grândola, Setúbal area baseline of €126,196 (€1,387/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 54/100 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 €126,196, adjusted for condition and micro-location, gives a modelled fair value of €153,528 (€1,687/m²), a €96,322 (62.7%) gap versus the €249,850 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Grândola e Santa Margarida da Serra · 57faf7 | Subject | €249,850 | €2,746 | — | 48 | 43 |
| largo Zeca Afonso, 6 | Active | €250,000 | €2,475 | 9.8% | 60 | 41 |
| Grândola e Santa Margarida da Serra · 956e00 | Active | €199,000 | €1,543 | 43.8% | 60 | 49 |
| Grândola e Santa Margarida da Serra · 49b715 | Active | €199,000 | €1,543 | 43.8% | 60 | 43 |
| Grândola e Santa Margarida da Serra · 5da1f8 | Active | €275,000 | €1,687 | 38.6% | 60 | 44 |
| Median comp | €224,500 | €1,615 | 41.2% | 60 | 44 |
Long-term rental Given the significant gap of 62.7% between the listing price of €249,850 and the fair value of €153,528, this apartment is considered overpriced, making it a risky option for long-term rental investments. Additionally, with a moderate yield of 7.8% and a neighborhood quality score of just 43/100, potential rental income may not offset the purchase costs adequately. Buy-and-hold The demand for buy-and-hold strategies is hindered by the property being priced above its fair value, at €249,850 compared to a fair value of €153,528, indicating a poor investment entry point. Moreover, with a condition rating of 54/100 and the rural, less attractive amenities in the peripheral Alentejo region, long-term appreciation is questionable and may lead to stagnant performance. Not ideal for short-term vacation rental This property is overpriced at €249,850, compared to a fair value of €153,528, making it unfit for a short-term vacation rental strategy where potential returns do not justify the investment. The rural location and low neighborhood quality score of 43/100 further indicate that this property lacks the appeal needed for short-term visitors. Not ideal for student housing At a listing price of €249,850, this apartment is overpriced considering its fair value of €153,528, making it a suboptimal choice for student housing. Furthermore, the rural setting and limited amenities result in low tenant quality that may not attract a steady stream of student renters.
Investment Risk: Low Demand The property has a low economic stability score of 35/100 and a tenant stability score of 50/100, indicating potential challenges in attracting and retaining tenants due to low demand.**
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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