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.
9-bedroom, 9-bathroom house of 350 m², energy rating A. Located Melides parish, Grândola municipality, Setúbal district. Unique Feature: The property includes an expansive outdoor area ideal for various recreational activities, offering significant potential for landscaping or development of additional amenities. Location Insight: Situated in a burgeoning area of Melides, the house is set to appreciate in value as interest in the region increases.
The valuation. The asking price of €3,000,000 exceeds the fair value of €2,263,168 by €736,832 (32.6%), indicating that the property is overpriced. This substantial discrepancy suggests caution for potential investors.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Melides · 76b3b8 | Subject | €3,000,000 | €8,571 | — | — | 49 |
| urbanização Brejos da Carregueira de Baixo Melides | Active | €1,150,000 | €2,785 | 67.5% | — | 40 |
| rua de Melides | Active | €1,850,000 | €8,150 | 4.9% | 80 | 45 |
| rua de Melides | Active | €1,850,000 | €8,150 | 4.9% | 82 | 39 |
| Santiago do Cacém, Santa Cruz e São Bartolomeu da Serra · 86ccf7 | Active | €1,000,000 | €3,534 | 58.8% | 72 | 49 |
| Median comp | €1,500,000 | €5,842 | 31.8% | 80 | 43 |
Value-add renovation The property is overpriced at €3,000,000, as the fair value estimate stands at €2,263,168, indicating a 32.6% gap that suggests significant overvaluation. Given its condition score of 0/100, any potential renovations would struggle to justify the current asking price. Long-term rental With a gross yield of 0% and a neighbourhood score of 49/100, the property lacks the fundamental characteristics needed to attract reliable long-term tenants. The reliance on car access for basic amenities further diminishes the prospects for securing a sustainable rental income. Buy-and-hold Although the buy-and-hold strategy can be appealing in some markets, this property’s current pricing indicates a substantial overvaluation, making it a less favorable investment. The surrounding rural area does not provide a compelling environment that would support future appreciation to mitigate the purchase price gap.
Economic Instability Risk The property has a low economic stability score of 35/100, indicating a high likelihood of market fluctuations that could negatively impact investment returns.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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