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, 2-bathroom apartment of 96 m², built in 2003. Located on rua António Botto, Quinta do Anjo parish, Palmela municipality, Setúbal district. This apartment boasts a modern kitchen with direct outdoor access, enhancing functionality and brightness, perfect for leisure moments on the connected balcony.
The valuation. The asking price of €345,000 is significantly above fair value at €154,418, representing a premium of €190,582 (55.2%). The property is therefore considered overpriced.
Fair value modelled at €154,418 from the area baseline, adjusted for condition and location. Asking €345,000 sits €190,582 (55.2%) above — overpriced versus fair value.
Asking €345,000 versus the rua António Botto area baseline of €152,448 (€1,588/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 72 · Materials 80 · Room dimensions 74). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 52/100 (Housing Market 50 · Amenities 50 · Economic 60 · Tenant Quality 45). Strong amenities and housing-market momentum support a premium to baseline.
rua António Botto
Area baseline €152,448 + condition +€750 + location +€1,220 = modelled fair value of €154,418 (€1,609/m²), a €190,582 (55.2%) gap versus the €345,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua António Botto | Subject | €345,000 | €3,594 | — | 72 | 52 |
| praceta Antero de Quental | Active | €329,000 | €2,836 | 21.1% | 75 | 53 |
| urbanização Colinas da Arrábida | Active | €337,000 | €2,633 | 26.7% | 73 | 45 |
| rua Gil Eanes, 214 | Active | €305,000 | €2,798 | 22.1% | 80 | 52 |
| rua da Serrinha, 11 | Active | €359,000 | €2,244 | 37.6% | 74 | 48 |
| Median comp | €333,000 | €2,716 | 24.4% | 75 | 50 |
Buy-and-hold The property in Quinta do Anjo is overpriced at €345,000, significantly above its fair value of €154,418, indicating a substantial 55.2% gap. This price disparity suggests that holding this asset could result in financial loss over time, particularly given the low gross yield of 2.8% and a neighbourhood rating of only 52/100. Long-term rental With a gross yield of 2.8%, the forecasted rental income on the overpriced €345,000 apartment would struggle to meet the expectations of a sound long-term investment, especially in a semi-rural area with a neighbourhood evaluation of 52/100. The gap between the listing price and its fair value of €154,418 raises concerns about the sustainability of long-term rental income in this market context. Value-add renovation Investing in renovations for the €345,000 apartment, despite its current condition rating of 76/100, may not justify its overpriced listing compared to the fair value of €154,418. The high initial acquisition cost dilutes potential returns, making this strategy less appealing given the existing value gap and modest neighbourhood amenities.
Tenant turnover risk With a tenant stability score of 45/100, there's a significant risk of higher vacancy rates and turnover costs, impacting overall investment returns.
