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, 1-bathroom house of 458 m², built in 2012, energy rating E. Located on rua Miguel Cândido, 15, Quinta do Anjo parish, Palmela municipality, Setúbal district. Unique Features: The property includes two large annexes totaling 156 m², providing versatile space for potential workshops or studios, enhancing its investment appeal in a competitive rental market.
The valuation. The asking price of €764,000 sits €105,831 (13.9%) above the fair value of €658,169. Consequently, the property is considered overpriced, indicating a less favorable investment opportunity for potential buyers.
Fair value modelled at €658,169 from the area baseline, adjusted for condition and location. Asking €764,000 sits €105,831 (13.9%) above — overpriced versus fair value.
Asking €764,000 versus the rua Miguel Cândido, 15 area baseline of €727,304 (€1,588/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 63/100 (Condition 65 · Materials 60 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 56/100 (Housing Market 50 · Amenities 40 · Economic 50 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
rua Miguel Cândido, 15
Area baseline €727,304 + condition -€86,591 + location +€17,455 = modelled fair value of €658,169 (€1,437/m²), a €105,831 (13.9%) gap versus the €764,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Miguel Cândido, 15 | Subject | €764,000 | €1,668 | — | 65 | 56 |
| Quinta do Anjo · 023b42 | Active | €270,000 | €1,942 | 16.4% | 72 | 51 |
| Quinta do Anjo · 001783 | Active | €273,000 | €1,936 | 16.1% | — | 57 |
| Quinta do Anjo · 2620e1 | Active | €449,900 | €1,948 | 16.8% | 65 | 58 |
| Azeitão (São Lourenço e São Simão) · ba3fd5 | Active | €299,000 | €2,451 | 46.9% | 45 | 55 |
| Median comp | €286,000 | €1,945 | 16.6% | 65 | 56 |
Family rental This property is not suited for family rental due to its high price point and lack of gross yield, which currently stands at 0%. Additionally, the neighbourhood rating of 56/100 indicates that it may not attract families seeking quality living conditions or amenities. Long-term rental With a fair value of €658,169 compared to the listing at €764,000, this property is overpriced for a long-term rental investment. The gross yield of 0% further suggests that it would not generate adequate rental income to justify the current asking price. Value-add renovation Investing in value-add renovations does not present a justifiable opportunity, as the property is priced 13.9% above fair value. Furthermore, with a condition score of 63/100, the potential for significant appreciation through renovations is limited in this overpriced market context.
Economic Risk The property's economic stability score of 50/100 indicates a higher likelihood of economic downturns, which could affect rental income and tenant retention negatively.
