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.
2-bedroom, 1-bathroom apartment of 179 m², built in 2003, energy rating C. Located on avenida dos Descobrimentos, Quinta do Anjo parish, Palmela municipality, Setúbal district. Noteworthy Features: This apartment offers a generous 43m² terrace perfect for outdoor gatherings and is situated in a condominium with exclusive amenities including a swimming pool and tennis court.
The valuation. The asking price of €325,000 is €33,367, or 10.3%, above the fair value of €291,633, suggesting that the property is overpriced. This discrepancy warrants caution for potential buyers. Buy-to-flip angle. A wholesale strategy may yield minimal returns due to the high asking price, requiring significant renovations beyond cosmetic updates. Thus, potential flippers should be cautious assuming profit potential. Buy-to-let angle. With a gross yield of 0%, the rental income strategy currently appears unfeasible. Given the neighborhood's average rating and rural location, rental prospects may remain limited in generating consistent revenue.
Fair value modelled at €291,633 from the area baseline, adjusted for condition and location. Asking €325,000 sits €33,367 (10.3%) above — overpriced versus fair value.
Asking €325,000 versus the avenida dos Descobrimentos area baseline of €284,252 (€1,588/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 74 · Materials 78 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 56/100 (Housing Market 40 · Amenities 50 · Economic 45 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
avenida dos Descobrimentos
Area baseline €284,252 + condition +€559 + location +€6,822 = modelled fair value of €291,633 (€1,629/m²), a €33,367 (10.3%) gap versus the €325,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida dos Descobrimentos | Subject | €325,000 | €1,816 | — | 74 | 56 |
| rua Gil Eanes, 214 | Active | €305,000 | €2,798 | 54.1% | 80 | 52 |
| rua Menez S / N | Active | €215,000 | €3,707 | 104.2% | 70 | 44 |
| rua da Serrinha, 11 | Active | €359,000 | €2,244 | 23.6% | 74 | 48 |
| avenida dos Descobrimentos, 46 | Active | €395,000 | €2,423 | 33.5% | 72 | 49 |
| Median comp | €332,000 | €2,611 | 43.8% | 73 | 49 |
Long-term rental The property in Quinta do Anjo presents a yield of 0%, indicating it may not be generating rental income that justifies its price. Additionally, with a fair value of €291,633, the current listing of €325,000 signifies that the property is overpriced by 10.3%. Family rental As a family rental, this apartment is situated in a rural zone with limited access to urban amenities, making it less appealing for long-term tenants seeking convenience. The condition score of 75/100 does not sufficiently offset the property’s overpriced nature at €325,000 compared to its fair value of €291,633. Not ideal for: Short-term vacation rental, Student housing, Luxury market Given its rural location and lack of urban amenities, this property is not well-suited for short-term vacation rentals or student housing, where demand typically requires proximity to services and entertainment. Furthermore, its high price point undermines its attractiveness in the luxury market, which seeks both exclusivity and accessibility.
Economic instability risk The property is subject to economic instability with a score of 45/100, indicating a higher likelihood of fluctuations in property value and rental income.
