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 105 m², energy rating B. Located on estrada Palmela, 40, Palmela parish, Palmela municipality, Setúbal district. This apartment boasts sophisticated false ceilings with indirect lighting that enhance the aesthetic appeal and create a modern, inviting atmosphere throughout the living spaces.
The valuation. The asking price of €375,000 exceeds the fair value of €179,198 by €195,802, marking an increase of 52.2%. This indicates the property is overpriced and does not align with current market expectations.
Fair value modelled at €179,198 from the area baseline, adjusted for condition and location. Asking €375,000 sits €195,802 (52.2%) above — overpriced versus fair value.
Asking €375,000 versus the estrada Palmela, 40 area baseline of €166,740 (€1,588/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 86/100 (Condition 82 · Materials 88 · Room dimensions 85). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 49/100 (Housing Market 35 · Amenities 30 · Economic 40 · Tenant Quality 50). Softer demand indicators apply a discount to baseline.
estrada Palmela, 40
Area baseline €166,740 + condition +€13,125 + location -€667 = modelled fair value of €179,198 (€1,707/m²), a €195,802 (52.2%) gap versus the €375,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| estrada Palmela, 40 | Subject | €375,000 | €3,571 | — | 82 | 49 |
| rua da Guiné | Active | €410,000 | €3,178 | 11.0% | 75 | 45 |
| avenida de Moçambique, 6 | Active | €430,000 | €2,867 | 19.7% | 75 | 58 |
| Palmela · 1e604a | Active | €309,500 | €2,243 | 37.2% | 82 | 43 |
| rua Hermínio Cunha, 1 | Active | €595,000 | €4,760 | 33.3% | 80 | 46 |
| Median comp | €420,000 | €3,023 | 15.4% | 78 | 46 |
Long-term rental The property is overpriced at €375,000, with a significant gap of 52.2% compared to the fair value of €179,198, indicating limited rental performance potential. With a gross yield of only 2.9%, the long-term rental strategy is unlikely to deliver satisfactory returns in a rural area dominated by agricultural activity. Buy-and-hold The apartment's current listing price exceeds its fair value by 52.2%, making it a challenging investment for a buy-and-hold strategy aimed at capital appreciation. Given its yield of just 2.9% and a neighborhood rating of 49/100, the property lacks the fundamentals necessary for long-term value growth.
High Vacancy Risk The low economic stability score of 40/100 combined with a tenant stability score of 50/100 indicates a significant risk of high vacancy rates, potentially leading to financial losses from the property.
