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 209 m², built in 1970, energy rating F. Located Abela parish, Santiago do Cacém municipality, Setúbal district. Noteworthy Features: This property includes two storage rooms and a centrally located yard, enhancing potential for outdoor living and additional utility in the renovation process.
The valuation. The asking price of €250,000 is significantly below the fair value of €418,000, presenting a difference of €168,000, which equates to 40.2%. Verdict: underpriced. Buy-to-flip angle. This property provides an opportunity for a resale strategy following a value-add renovation, aiming to capitalize on the current market’s demand for improved living conditions. Buy-to-let angle. The potential for rental income is currently uncertain, given the gross yield of 0% due to lack of immediate rental viability, making long-term rental a lengthy strategy for cash flow generation.
Fair value modelled at €418,000 from 6 comparable sales in the area. Asking €250,000 sits €168,000 (40.2%) below — the upside to fair value.
Asking €250,000 versus the Abela, Santiago do Cacém, Setúbal area baseline of €373,321 (€1,786/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 39/100 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 €373,321, adjusted for condition and micro-location, gives a modelled fair value of €418,000 (€2,000/m²), a €168,000 (40.2%) gap versus the €250,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Abela · 07fd7a | Subject | €250,000 | €1,196 | — | 40 | 41 |
| Abela · 0324a4 | Active | €200,000 | €1,053 | 12.0% | — | 47 |
| Abela · 956bc9 | Active | €200,000 | €917 | 23.3% | — | 47 |
| Abela · d7494e | Active | €160,000 | €2,667 | 122.9% | 40 | 49 |
| Abela · 438f05 | Active | €328,500 | €6,570 | 449.3% | 47 | 39 |
| Median comp | €200,000 | €1,860 | 55.5% | 44 | 47 |
Farm investment Given the property is located in rural Alentejo, it presents an opportunity for agrarian development or adaptation to agritourism. The fair value assessment suggests significant potential for appreciation, despite the listing price being considerably lower. Value-add renovation With a current condition score of 39/100, there is ample room to improve the property through renovations, which can capture higher equity and resale value. The fair value of €418,000 suggests that necessary upgrades could result in lucrative returns on investment. Long-term rental While the property has a gross yield of 0%, the substantial gap from fair value indicates a unique investment potential in a market that may benefit from strategic leasing to long-term tenants. The location in a rural area offers a niche opportunity for stable occupancy rates amidst limited competition.
High Vacancy Risk With an Economic Stability score of 30/100 and a Tenant Stability score of 50/100, there is a significant risk of prolonged vacancy periods, which could impact cash flow negatively.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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