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, 2-bathroom duplex of 163 m², energy rating C. Located on avenida dos Descobrimentos, 46, Quinta do Anjo parish, Palmela municipality, Setúbal district. Sun exposure enhances the ambiance, while the exclusive access to 'Portais da Arrábida' amenities, including a swimming pool and gym, elevates this duplex's appeal for active lifestyles.
The valuation. The asking price of €395,000 is significantly above the fair value of €258,318, representing an overvaluation of €136,682 (34.6%). This suggests that the property is overpriced for the current market conditions.
Fair value modelled at €258,318 from the area baseline, adjusted for condition and location. Asking €395,000 sits €136,682 (34.6%) above — overpriced versus fair value.
Asking €395,000 versus the avenida dos Descobrimentos, 46 area baseline of €258,844 (€1,588/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 72 · Materials 78 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 49/100 (Housing Market 40 · Amenities 40 · Economic 35 · Tenant Quality 50). Softer demand indicators apply a discount to baseline.
avenida dos Descobrimentos, 46
Area baseline €258,844 + condition +€509 + location -€1,035 = modelled fair value of €258,318 (€1,585/m²), a €136,682 (34.6%) gap versus the €395,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida dos Descobrimentos, 46 | Subject | €395,000 | €2,423 | — | 72 | 49 |
| avenida dos Descobrimentos Portais da Arrábida | Active | €397,500 | €2,259 | 6.8% | 70 | 53 |
| rua da Serrinha, 11 | Active | €359,000 | €2,244 | 7.4% | 74 | 48 |
| rua João Vaz Corte Real, 3 | Active | €435,000 | €1,713 | 29.3% | 73 | 59 |
| avenida dos Descobrimentos | Active | €325,000 | €1,816 | 25.1% | 74 | 56 |
| Median comp | €378,250 | €2,030 | 16.2% | 74 | 55 |
Long-term rental The property in Quinta do Anjo is priced at €395,000 while its fair value is only €258,318, indicating it is overpriced by 34.6%. With a gross yield of 0%, the returns on a long-term rental investment are unlikely to meet investor expectations given the limited economic activities in the area. Family rental Although this 4-bed duplex might seem appealing for family rentals due to its size, the significant price gap from fair value suggests it is overpriced at €395,000. Additionally, the neighborhood's low tenant quality and limited amenities further reduce its attractiveness for families seeking affordable housing options.
Economic and Tenant Instability The economic stability score of 35/100 and tenant stability score of 50/100 suggest a high risk of vacancy and reduced rental income due to potential financial instability.
