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 €204,852 (€1,588/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. Full condition report →
Neighbourhood score 45/100 (Housing Market 40 · Amenities 35 · Economic 35 · Tenant Quality 50). Softer demand indicators apply a discount to baseline. Full location report →
rua da Guiné
Area baseline €204,852 + 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.
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.
