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.
1-bedroom, 1-bathroom house of 111 m², energy rating E. Located on rua da Palma, São Martinho parish, Alcácer do Sal municipality, Setúbal district. This property includes two warehouses with potential for conversion into usable space, ideal for agricultural projects or additional living areas, subject to project approval.
The valuation. The asking price of €240,000 is significantly above the fair value of €115,663, sitting at €124,337 more or 107.5% higher. This property is deemed overpriced and does not present a sound investment opportunity.
Fair value modelled at €115,663 from 6 comparable sales in the area. Asking €240,000 sits €124,337 (107.5%) above — overpriced versus fair value.
Asking €240,000 versus the rua da Palma area baseline of €316,613 (€2,852/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 37/100 is below the parish average, reducing fair value versus a typical-condition unit.
Recent nearby listings price below the wider parish average — a hyper-local discount distinct from the parish baseline.
Base gap of €316,613, adjusted for condition and micro-location, gives a modelled fair value of €115,663 (€1,042/m²), a €124,337 (107.5%) gap versus the €240,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Palma | Subject | €240,000 | €2,162 | — | 38 | 51 |
| Nossa Senhora da Vila, Nossa Senhora do Bispo e Silveiras · 57fd44 | Active | €280,000 | €603 | 72.1% | — | 52 |
| rua da Liberdade, 48 | Active | €250,000 | €1,276 | 41.0% | — | 56 |
| Alcácer do Sal (Santa Maria do Castelo, Santiago), Santa Susana · 8750d7 | Active | €220,000 | €731 | 66.2% | — | 52 |
| São Martinho · 86cd07 | Active | €170,000 | €2,615 | 21.0% | 52 | 43 |
| Median comp | €235,000 | €1,004 | 53.6% | 52 | 52 |
Long-term rental The property's selling price of €240,000 is significantly higher than its fair value of €115,663, indicating it is overpriced by 107.5%. With a yield of 0% gross and a condition rating of 37/100, it presents substantial challenges for long-term rental viability. Buy-and-hold Investing in this property as a buy-and-hold strategy is not advisable due to its pricing at €240,000, well above the fair value of €115,663 and reflecting a 107.5% gap. The low gross yield and poor condition further undermine its potential for long-term capital appreciation.
Economic and Tenant Risk The property faces a significant risk due to its low Economic Stability score of 50/100 and a Tenant Stability score of 55/100, indicating potential challenges in maintaining consistent rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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