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 116 m², built in 2008, energy rating C. Located on praceta Antero de Quental, Quinta do Anjo parish, Palmela municipality, Setúbal district. Noteworthy Features: The property boasts a spacious balcony with unobstructed views and a cozy fireplace in the living room, enhancing its family-friendly ambiance.
The valuation. The asking price of €329,000 sits significantly above the fair value of €204,633, indicating an overpricing of €124,367, or 37.8% above fair value. This indicates an unattractive investment opportunity in terms of initial purchase cost. Buy-to-flip angle. With a resale strategy, the potential for flipping the property is limited due to the high asking price relative to its fair value. Achieving a profitable flip may be challenging in this market context. Buy-to-let angle. The estimated gross yield of 3.4%, translating to approximately €932/month, suggests a moderate rental income potential. However, the rural location may dampen demand for long-term tenants, impacting revenue stability.
Fair value modelled at €189,137 from the area baseline, adjusted for condition and location. Asking €329,000 sits €139,863 (42.5%) above — overpriced versus fair value.
Asking €329,000 versus the praceta Antero de Quental area baseline of €184,208 (€1,588/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 75 · Materials 78 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx. Full condition report →
Neighbourhood score 53/100 (Housing Market 50 · Amenities 40 · Economic 45 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
praceta Antero de Quental
Area baseline €184,208 + condition +€2,719 + location +€2,210 = modelled fair value of €189,137 (€1,630/m²), a €139,863 (42.5%) gap versus the €329,000 asking price.
Long-term rental The 3-bed apartment in Quinta do Anjo is overpriced at €329,000, significantly exceeding its fair value of €204,633. With a gross yield of only 3.4% in a neighborhood that scores 53/100 on amenities, the potential for steady, long-term rental income is limited. Buy-and-hold Investing in this property for a buy-and-hold strategy is not advisable since the market price of €329,000 is 37.8% above its fair value. The rural location's low demand and subpar amenities further diminish the investment's long-term appreciation potential.
Economic volatility risk With an economic stability score of 45/100, there is a significant risk of fluctuations in local economic conditions that could adversely impact property values and rental income.