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 €316,566 (€2,454/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 €316,566 + 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.
