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 house of 231 m², built in 1981. Located Quinta do Anjo parish, Palmela municipality, Setúbal district. Noteworthy Features: The property includes a separate outdoor annex ideal for hosting gatherings, alongside a substantial garage that enhances convenience and storage options for residents.
The valuation. The asking price of €449,900 sits significantly above the fair value of €333,088, by €116,812 or 26.0%. This property is therefore considered overpriced. Buy-to-flip angle. A resale strategy could target renovation and modernization to capture higher market demand, leveraging the location's growth potential. Quick renovations can maximize short-term profits upon resale. Buy-to-let angle. With an estimated rental income of €1,725/month, the property offers a gross yield of 4.6%. This strategy focuses on long-term rentals, appealing to families attracted to the semi-rural lifestyle of Quinta do Anjo.
Fair value modelled at €333,088 from the area baseline, adjusted for condition and location. Asking €449,900 sits €116,812 (26.0%) above — overpriced versus fair value.
Asking €449,900 versus the Quinta do Anjo, Palmela, Setúbal area baseline of €366,828 (€1,588/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 62/100 (Condition 65 · Materials 60 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 58/100 (Housing Market 50 · Amenities 50 · Economic 55 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Quinta do Anjo, Palmela, Setúbal
Area baseline €366,828 + condition -€45,478 + location +€11,738 = modelled fair value of €333,088 (€1,442/m²), a €116,812 (26.0%) gap versus the €449,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Quinta do Anjo · 2620e1 | Subject | €449,900 | €1,948 | — | 65 | 58 |
| Quinta do Anjo · 001783 | Active | €273,000 | €1,936 | 0.6% | — | 57 |
| rua Vasco Queimado, 18 | Active | €380,000 | €3,455 | 77.4% | 70 | 63 |
| Quinta do Anjo · 023b42 | Active | €270,000 | €1,942 | 0.3% | 72 | 51 |
| travessa Luis de Camões, 17 | Active | €525,000 | €1,875 | 3.7% | 70 | 53 |
| Median comp | €326,500 | €1,939 | 0.4% | 70 | 55 |
Buy-and-hold This property is overpriced, with a fair value of €333,088 compared to the listing price of €449,900, indicating a 26.0% gap. The 4.6% gross yield is favorable, but the cost significantly overshadows the potential long-term return on investment. Family rental While the semi-rural location offers lower crime rates typical of non-urban areas, the property remains overpriced, making it a challenging option for family rentals. The 58/100 neighborhood score suggests limited appeal to potential tenants despite positive economic influences from Setúbal. Value-add renovation With a condition rating of 62/100, there is potential for value-add renovations; however, the property is still overpriced by 26.0%. Investors should approach this opportunity cautiously, as renovations may not sufficiently bridge the valuation gap. Not ideal for Short-term vacation rental and luxury market due to its overpriced nature, indicating lower appeal in these segments. The combination of neighborhood and property characteristics does not support a robust returns scenario in these markets.
Economic and Tenant Stability Risk The combined scores of 55 for economic stability and 60 for tenant stability indicate a moderate risk of volatility in rental income and potential vacancies.
