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 house of 78 m², built in 1990, energy rating E. Located Alcácer do Sal (Santa Maria do Castelo, Santiago), Santa Susana parish, Alcácer do Sal municipality, Setúbal district. Noteworthy Features: This property includes a private garden ideal for outdoor entertaining and is just 2 minutes from a dam, perfect for various water activities. Condition Notes: While the finishes are dated, there is potential for updates to enhance its appeal.
The valuation. The asking price of €265,000 is slightly below the fair value of €270,106, indicating a valuation gap of €5,106 (1.9%). This property sits at a fair price, harmonizing well with market expectations.
Fair value modelled at €270,106 from 6 comparable sales in the area. Asking €265,000 sits €5,106 (1.9%) below — the upside to fair value.
Asking €265,000 versus the Alcácer do Sal (Santa Maria do Castelo, Santiago), Santa Susana, Alcácer do Sal, Setúbal area baseline of €247,989 (€3,179/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 57/100 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 €247,989, adjusted for condition and micro-location, gives a modelled fair value of €270,106 (€3,463/m²), a €5,106 (1.9%) gap versus the €265,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Alcácer do Sal (Santa Maria do Castelo, Santiago), Santa Susana · 0c0617 | Subject | €265,000 | €3,397 | — | 62 | 48 |
| Alcácer do Sal (Santa Maria do Castelo, Santiago), Santa Susana · ade667 | Active | €259,000 | €2,785 | 18.0% | — | 43 |
| Alcácer do Sal (Santa Maria do Castelo, Santiago), Santa Susana · 38b7d9 | Active | €100,000 | €1,887 | 44.5% | — | 46 |
| Alcácer do Sal (Santa Maria do Castelo, Santiago), Santa Susana · a806bb | Active | €100,000 | €1,887 | 44.5% | — | 40 |
| Alcácer do Sal (Santa Maria do Castelo, Santiago), Santa Susana · f5ebae | Active | €294,000 | €4,141 | 21.9% | 62 | 39 |
| Median comp | €179,500 | €2,336 | 31.2% | 62 | 42 |
Value-add renovation The property presents a moderate renovation opportunity due to its current condition rating of 57/100, which could enhance its market appeal and tenant quality. However, its proximity to Setúbal does not significantly elevate its rural-oriented economic profile, suggesting limited upside post-renovation. Family rental With basic amenities and a car-dependent lifestyle due to low population density, this property may attract families looking for affordable long-term renting options. Although the yield is currently 0% gross, the fair value suggests it aligns with local market expectations, making it a reasonable choice for family rentals. Not ideal for luxury market The property does not meet the standards typically sought in the luxury market, indicated by a neighbourhood score of 48/100. As such, it is unlikely to command the premium prices associated with luxury accommodations and may struggle to attract high-end buyers. Not ideal for student housing With basic amenities and a rural setting, the property is not well-suited for student housing, as students typically seek vibrant urban areas with rich amenities and public transportation access. This lack of appeal is reinforced by the neighbourhood's low scores for economic vitality and tenant quality. Not ideal for short-term vacation rental Given the car-dependent nature and limited attractions in the area, the property is less appealing for short-term vacation rentals, which often thrive in more dynamic environments. Furthermore, the absence of significant tourism infrastructure in Alcácer do Sal diminishes its potential as a vacation rental hotspot.
Tenant default risk With a tenant stability score of only 50/100, there is an increased likelihood of tenant defaults, potentially leading to higher vacancy rates and unanticipated financial losses.
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