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 apartment of 95 m² on the 1st floor, built in 1997, energy rating E. Located Santiago do Cacém, Santa Cruz e São Bartolomeu da Serra parish, Santiago do Cacém municipality, Setúbal district. Noteworthy Features: The apartment includes two balconies offering outdoor space, along with terracotta tile flooring that reflects its late 1990s retro aesthetic.
The valuation. The asking price of €240,000 sits below the fair value of €288,480, indicating the property is underpriced by €48,480 (16.8%). This presents a favorable opportunity for investors seeking value. Buy-to-flip angle. With strategic renovations, the resale potential is strong, as the property can be flipped for a higher price given its favorable valuation compared to the market. Buy-to-let angle. The rental income strategy estimates a gross yield of 5.6%, generating approximately €1,120 per month, making it an appealing option for long-term rentals in a rural area.
Fair value modelled at €288,480 from 6 comparable sales in the area. Asking €240,000 sits €48,480 (16.8%) below — the upside to fair value.
Asking €240,000 versus the Santiago do Cacém, Santa Cruz e São Bartolomeu da Serra, Santiago do Cacém, Setúbal area baseline of €245,056 (€2,580/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 63/100 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 €245,056, adjusted for condition and micro-location, gives a modelled fair value of €288,480 (€3,037/m²), a €48,480 (16.8%) gap versus the €240,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Santiago do Cacém, Santa Cruz e São Bartolomeu da Serra · 0acb98 | Subject | €240,000 | €2,526 | — | 60 | 52 |
| Santiago do Cacém, Santa Cruz e São Bartolomeu da Serra · 51b5f8 | Active | €250,000 | €2,381 | 5.8% | — | 45 |
| Santiago do Cacém, Santa Cruz e São Bartolomeu da Serra · c83a1f | Active | €270,000 | €2,455 | 2.8% | 65 | 38 |
| Santiago do Cacém, Santa Cruz e São Bartolomeu da Serra · dee60d | Active | €250,000 | €3,623 | 43.4% | — | 46 |
| Santiago do Cacém, Santa Cruz e São Bartolomeu da Serra · 8751c0 | Active | €297,000 | €3,264 | 29.2% | 75 | 46 |
| Median comp | €260,000 | €2,860 | 13.2% | 70 | 46 |
Long-term rental The 2-bed apartment in Santiago do Cacém, priced at €240,000, presents a compelling long-term rental opportunity given its fair value of €288,480, indicating a 16.8% gap. With a gross yield of 5.6%, this investment aligns well with stable returns in a rural location characterized by a primarily agricultural economy. Buy-and-hold This property is positioned to benefit from long-term appreciation in a market where the fair value surpasses the asking price by 16.8%. As the local economy stabilizes and grows, a buy-and-hold strategy can capture future value increments while securing a solid yield from rental income. Short-term vacation rental This property is not suitable for short-term vacation rentals due to its rural location in the Alentejo region and lower neighborhood ratings. The limited appeal for transient visitors in a predominantly agricultural setting detracts from its viability for this strategy. Student housing The 2-bed apartment lacks the necessary amenities and demand for student housing in Santiago do Cacém, given its rural context. A lower tenant quality rating further undermines this strategy's potential for profitability. Luxury market Given the overall context of the Alentejo region, this property is not appropriate for the luxury market. Its condition rating of 63/100 and rural location do not align with the expectations typically associated with high-end investments.
Economic Volatility The economic stability score of 35/100 indicates a high risk of economic fluctuations that could lead to reduced 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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