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.
3-bedroom, 1-bathroom house of 122 m², built in 1951. Located on rua Doutor Augusto de Matos, Alcácer do Sal (Santa Maria do Castelo, Santiago), Santa Susana parish, Alcácer do Sal municipality, Setúbal district. Noteworthy Features: This property retains traditional stone corner accents and period balconies that highlight its architectural identity, despite the extensive structural deterioration throughout the interior.
The valuation. The asking price of €125,000 is significantly below the fair value of €212,859, representing a compelling opportunity at €87,859 (41.3%) underpriced in the market. This presents an advantageous scenario for potential investors seeking value. Buy-to-flip angle. The resale strategy focuses on a value-add renovation to capitalize on the property's condition rating of 13/100, aiming for a quick flip to a higher price point following improvements. Investors can potentially realize substantial gains through targeted upgrades. Buy-to-let angle. With a gross yield of 10.2% and estimated rental income of €1,062/month, the property serves as an attractive buy-to-let investment. The long-term rental strategy aligns with the area's potential tenant base despite its mixed neighborhood rating of 45/100.
Fair value modelled at €212,859 from 6 comparable sales in the area. Asking €125,000 sits €87,859 (41.3%) below — the upside to fair value.
Asking €125,000 versus the rua Doutor Augusto de Matos area baseline of €245,903 (€2,016/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 13/100 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 €245,903, adjusted for condition and micro-location, gives a modelled fair value of €212,859 (€1,745/m²), a €87,859 (41.3%) gap versus the €125,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Doutor Augusto de Matos | Subject | €125,000 | €1,025 | — | — | 45 |
| Alcácer do Sal (Santa Maria do Castelo, Santiago), Santa Susana · 90d988 | Active | €199,000 | €1,716 | 67.4% | 20 | 59 |
| rua da Fraternidade | Active | €300,000 | €1,639 | 60.0% | 38 | 44 |
| Alcácer do Sal (Santa Maria do Castelo, Santiago), Santa Susana · 82c6e1 | Active | €259,000 | €1,774 | 73.1% | 25 | 53 |
| Alcácer do Sal (Santa Maria do Castelo, Santiago), Santa Susana · 82c6f1 | Active | €189,000 | €1,688 | 64.7% | 20 | 44 |
| Median comp | €229,000 | €1,702 | 66.1% | 23 | 49 |
Long-term rental The property in Alcácer do Sal is currently underpriced by 41.3%, presenting a strategic opportunity for long-term rental income, with a gross yield of 10.2%. Given the rural context, the demand for long-term leases may remain stable, though tenant quality and local amenities should be carefully considered. Value-add renovation With a current condition rating of 13/100, there is significant potential for value-add renovations to bring this property up to a more appealing standard, ultimately enhancing its market value. Investing in updates could leverage its fair value of €212,859 and capitalize on the 41.3% discrepancy from the listing price, appealing to future buyers or higher-quality tenants.
High Vacancy Risk Given the economic stability score of 35/100, a significant portion of the local economy may be struggling, which could lead to higher vacancy rates and tenant turnover.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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