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, 2-bathroom apartment of 129 m², built in 2024, energy rating A. Located on rua da Guiné, Palmela parish, Palmela municipality, Setúbal district. Noteworthy Features: This apartment includes a fully equipped kitchen with an island and a spacious 12m² balcony featuring a barbecue and support sink, perfect for outdoor entertaining.
The valuation. The asking price of €410,000 is significantly higher than the fair value of €211,236, overpricing the property by €198,764 (48.5%). This indicates a poor investment opportunity due to its inflated price compared to intrinsic value.
Fair value modelled at €211,236 from the area baseline, adjusted for condition and location. Asking €410,000 sits €198,764 (48.5%) above — overpriced versus fair value.
Asking €410,000 versus the rua da Guiné area baseline of €293,991 (€2,279/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 (Condition 75 · Materials 85 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 45/100 (Housing Market 40 · Amenities 35 · Economic 35 · Tenant Quality 50). Softer demand indicators apply a discount to baseline.
rua da Guiné
Area baseline €293,991 + condition +€10,481 + location -€4,097 = modelled fair value of €211,236 (€1,637/m²), a €198,764 (48.5%) gap versus the €410,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Guiné | Subject | €410,000 | €3,178 | — | 75 | 45 |
| rua Hermínio Cunha, 1 | Active | €595,000 | €4,760 | 49.8% | 80 | 46 |
| estrada Palmela, 40 | Active | €375,000 | €3,571 | 12.4% | 82 | 49 |
| Palmela · 1e604a | Active | €309,500 | €2,243 | 29.4% | 82 | 43 |
| rua Augusto Cardoso, 16 | Active | €290,000 | €4,143 | 30.3% | 80 | 35 |
| Median comp | €342,250 | €3,857 | 21.4% | 81 | 45 |
Long-term rental The 3-bed apartment in Palmela, overpriced at €410,000 compared to a fair value of €211,236, presents an unattractive yield of only 2.5%. Given the low neighbourhood rating of 45/100 and the above-market price, it is unlikely to attract stable long-term tenants. Buy-and-hold With a significant gap of 48.5% between the listing and fair value, the investment does not justify the holding cost of this property. The moderate condition rating of 80/100 combined with the rural setting indicates that future appreciation may be limited, reinforcing its status as an overpriced asset.
Tenant turnover risk With a tenant stability score of 50/100, there is a moderate risk of high tenant turnover, which could increase vacancy rates and reduce rental income stability.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
