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, 2-bathroom apartment of 138 m², built in 2004, energy rating B. Located Palmela parish, Palmela municipality, Setúbal district. This apartment features a private terrace ideal for outdoor dining and relaxation, while its excellent location offers convenient access to essential amenities within walking distance.
The valuation. The asking price of €309,500 is significantly above the fair value of €224,867, leading to a discrepancy of €84,633 (27.3%). This property is overpriced based on current market assessments.
Fair value modelled at €224,867 from the area baseline, adjusted for condition and location. Asking €309,500 sits €84,633 (27.3%) above — overpriced versus fair value.
Asking €309,500 versus the Palmela, Palmela, Setúbal area baseline of €219,144 (€1,588/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 (Condition 82 · Materials 85 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 43/100 (Housing Market 40 · Amenities 40 · Economic 35 · Tenant Quality 55). Softer demand indicators apply a discount to baseline.
Palmela, Palmela, Setúbal
Area baseline €219,144 + condition +€11,859 + location -€6,136 = modelled fair value of €224,867 (€1,629/m²), a €84,633 (27.3%) gap versus the €309,500 asking price.
Long-term rental Despite the gross yield of 4.1%, this property is overpriced by 27.3% compared to its fair value of €224,867, making long-term rental less financially attractive. Additionally, the low neighbourhood score of 43/100 may deter potential tenants and affect rental demand over time. Buy-and-hold While a buy-and-hold strategy can typically benefit from property appreciation, this apartment is currently overpriced, which may hinder its long-term capital growth potential. The limited proximity to main cities and subpar neighbourhood amenities further diminish its desirability for long-term investment purposes.
Low Economic Stability Risk The property's economic stability score of 35/100 indicates a high risk of economic downturns negatively impacting tenant demand and rental income.
