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.
4-bedroom, 3-bathroom house of 170 m², energy rating D. Located on estrada dos Restauradores do Concelho de Palmela N379-2, Quinta do Anjo parish, Palmela municipality, Setúbal district. Notable Features: The property includes a well with year-round water supply, perfect for maintaining extensive gardens or agricultural projects, and offers customizable interior and exterior color options at sale.
The valuation. The asking price of €790,000 is significantly above the fair value of €231,410, resulting in an excessive premium of €558,590 (70.7%). This property is objectively overpriced in the current market.
Fair value modelled at €231,410 from the area baseline, adjusted for condition and location. Asking €790,000 sits €558,590 (70.7%) above — overpriced versus fair value.
Asking €790,000 versus the estrada dos Restauradores do Concelho de Palmela N379-2 area baseline of €269,960 (€1,588/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 61/100 (Condition 60 · Materials 70 · Room dimensions 57). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 48/100 (Housing Market 50 · Amenities 50 · Economic 40 · Tenant Quality 50). Softer demand indicators apply a discount to baseline.
estrada dos Restauradores do Concelho de Palmela N379-2
Area baseline €269,960 + condition -€36,391 + location -€2,160 = modelled fair value of €231,410 (€1,361/m²), a €558,590 (70.7%) gap versus the €790,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| estrada dos Restauradores do Concelho de Palmela N379-2 | Subject | €790,000 | €4,647 | — | 60 | 48 |
| estrada do Vale dos Barris | Active | €2,200,000 | €15,714 | 238.2% | 62 | 42 |
| Quinta do Anjo · 8933c0 | Active | €569,900 | €3,749 | 19.3% | — | 50 |
| Palmela · 4a81f8 | Active | €570,000 | €4,101 | 11.8% | 50 | 54 |
| Pinhal Novo · 49b7fb | Active | €600,000 | €2,239 | 51.8% | — | 43 |
| Median comp | €585,000 | €3,925 | 15.5% | 56 | 47 |
Long-term rental The property's listing price of €790,000 significantly exceeds its fair value of €231,410, indicating a substantial 70.7% gap, which makes it an unattractive long-term rental option. Additionally, with a gross yield of only 2.9% and a neighborhood quality score of 48/100, investors are unlikely to achieve favorable returns in a rural setting known for agriculture. Family rental Due to the excessive listing price of €790,000 compared to the fair value of €231,410, this property is not suited for family rental investment despite its size. The neighborhood's low rating of 48/100 and a less favorable condition score of 61/100 further highlight its lack of appeal for families seeking quality living environments. Value-add renovation The significant disparity between the listing price and fair value establishes this property as overpriced, making it a poor candidate for value-add renovations. With limited room for price appreciation given the current €790,000 listing and low neighborhood amenities, expected renovation returns are unlikely to justify the initial investment.
Economic and Tenant Instability The low economic stability score of 40/100 combined with a tenant stability score of 50/100 suggests a high risk of rental income volatility and potential difficulty in tenant retention.