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.
1-bedroom, 1-bathroom apartment of 70 m², built in 1951, energy rating A+. Located on rua Augusto Cardoso, 16, Palmela parish, Palmela municipality, Setúbal district. This property features advanced smart home technology with RGB LED lighting, enhancing the living experience in both the bedroom and living room.
The valuation. The asking price of €290,000 sits €177,306 (61.1%) above the fair value of €112,694, indicating the property is overpriced. This discrepancy suggests that investors should proceed with caution.
Fair value modelled at €112,694 from the area baseline, adjusted for condition and location. Asking €290,000 sits €177,306 (61.1%) above — overpriced versus fair value.
Asking €290,000 versus the rua Augusto Cardoso, 16 area baseline of €159,530 (€2,279/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 83/100 (Condition 80 · Materials 85 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 35/100 (Housing Market 30 · Amenities 30 · Economic 30 · Tenant Quality 50). Softer demand indicators apply a discount to baseline.
rua Augusto Cardoso, 16
Area baseline €159,530 + condition +€8,203 + location -€6,670 = modelled fair value of €112,694 (€1,610/m²), a €177,306 (61.1%) gap versus the €290,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Augusto Cardoso, 16 | Subject | €290,000 | €4,143 | — | 80 | 35 |
| rua Hermínio Cunha, 1 | Active | €595,000 | €4,760 | 14.9% | 80 | 46 |
| rua da Guiné | Active | €410,000 | €3,178 | 23.3% | 75 | 45 |
| Palmela · 1e604a | Active | €309,500 | €2,243 | 45.9% | 82 | 43 |
| estrada Palmela, 40 | Active | €375,000 | €3,571 | 13.8% | 82 | 49 |
| Median comp | €392,500 | €3,375 | 18.5% | 81 | 46 |
Long-term rental The 1-bed apartment in Palmela is priced at €290,000, significantly above its fair value of €112,694, representing a gap of 61.1%. With a gross yield of only 3.1%, this investment is unlikely to attract quality long-term tenants given the neighborhood's low rating of 35/100. Short-term vacation rental Given the property’s overpriced status at €290,000 compared to a fair value of €112,694, it does not present a viable option for short-term vacation rentals. The neighborhood's poor ratings further diminish its appeal, making it less attractive for tourists seeking accommodations in the area. Luxury market This property, priced at €290,000 and identified as overpriced, lacks the essential amenities and neighborhood appeal needed to succeed in the luxury market. With its low 35/100 neighborhood rating, it does not align with the preferences of luxury buyers. Student housing The 1-bed apartment's high price of €290,000, far exceeding the fair value of €112,694, suggests it is not a suitable investment for student housing. The inadequate neighborhood rating reduces its attractiveness to potential student renters, who often seek affordability and accessibility to campus life.
Economic Vulnerability The property faces significant risk due to its low economic stability score of 30/100, indicating potential fluctuations in market demand and property values.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
