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, 2-bathroom apartment of 149 m² on the 2nd floor, built in 2022, energy rating A+. Located on rua dos Fuzileiros, 8, Carvalhal parish, Grândola municipality, Setúbal district. Noteworthy Features: This apartment includes a closed garage accommodating two vehicles, a rare find in this market, and both balconies enhance outdoor living and comfort.**
The valuation. The asking price of €550,000 sits €97,109 below the fair value of €647,109, representing a 15% discount. This property is underpriced in comparison to market expectations.
Fair value modelled at €647,109 from 6 comparable sales in the area. Asking €550,000 sits €97,109 (15.0%) below — the upside to fair value.
Asking €550,000 versus the rua dos Fuzileiros, 8 area baseline of €527,662 (€3,541/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 84/100 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 €527,662, adjusted for condition and micro-location, gives a modelled fair value of €647,109 (€4,343/m²), a €97,109 (15.0%) gap versus the €550,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua dos Fuzileiros, 8 | Subject | €550,000 | €3,691 | — | 90 | 50 |
| Carvalhal · a80957 | Active | €350,000 | €3,125 | 15.3% | 80 | 50 |
| alameda do Pinherio Manso | Active | €560,000 | €3,218 | 12.8% | 80 | 50 |
| estrada Sem Nome | Active | €1,480,000 | €12,437 | 236.9% | 75 | 49 |
| Carvalhal · 0dcbc4 | Active | €1,250,000 | €8,224 | 122.8% | 78 | 49 |
| Median comp | €905,000 | €5,721 | 55.0% | 79 | 50 |
Buy-and-hold The 2-bed apartment in Carvalhal is currently listed at €550,000, presenting an opportunity to invest in a property that is subvalued by 15% compared to its fair value of €647,109. Given the rural setting, this unit could appreciate over time as economic activity evolves in the region. Long-term rental While the property currently offers a 0% gross yield, its status as a subvalued asset may attract long-term tenants seeking quality housing in a low-crime area. This location's tranquility can appeal to a stable demographic looking for rural living, which could enhance rental demand in the future. Value-add renovation Investing in renovations could substantially increase the apartment's appeal and market value, leveraging its current subvaluation to create a more competitive offering. Improving the condition of the property could also positively impact its yield potential in the long run, even in a neighborhood with moderate ratings. Not ideal for short-term vacation rental The rural surroundings and economic limitations indicate that short-term vacation rentals may struggle to attract consistent guests, making this property overpriced for that strategy. With a 50/100 neighborhood rating, competition may be low, but the demand for transient stays is likely insufficient. Not ideal for student housing Given the limited economic activity in the area, the 2-bed apartment would likely be overpriced for a student housing strategy that typically thrives in urban environments. The lack of amenities and infrastructure in this rural location may also deter potential student tenants seeking vibrant living conditions. Not ideal for luxury market The property’s pricing does not align with luxury market expectations due to its rural location and only moderate neighborhood ratings, making it overpriced for high-end buyers. Luxury investments require strong infrastructure and amenities, which are lacking in this setting, reinforcing the notion it is not suited for that sector.
Economic volatility risk The property's low economic stability score of 40/100 suggests a heightened risk of market fluctuations that could adversely affect rental income.
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