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 109 m², built in 2003, energy rating D. Located on rua Gil Eanes, 214, Quinta do Anjo parish, Palmela municipality, Setúbal district. Noteworthy Features: The apartment's location provides unobstructed views of the serene countryside, while its balcony offers a private outdoor retreat for enjoying sun-soaked mornings and evenings.
The valuation. The asking price of €305,000 exceeds the fair value of €180,438 by €124,562 (40.8%), indicating that the property is overpriced. This significant discrepancy suggests potential challenges in achieving a favorable return on investment.
Fair value modelled at €180,438 from the area baseline, adjusted for condition and location. Asking €305,000 sits €124,562 (40.8%) above — overpriced versus fair value.
Asking €305,000 versus the rua Gil Eanes, 214 area baseline of €295,499 (€2,711/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 (Condition 80 · Materials 76 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 52/100 (Housing Market 50 · Amenities 55 · Economic 40 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
rua Gil Eanes, 214
Area baseline €295,499 + condition +€5,961 + location +€1,385 = modelled fair value of €180,438 (€1,655/m²), a €124,562 (40.8%) gap versus the €305,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Gil Eanes, 214 | Subject | €305,000 | €2,798 | — | 80 | 52 |
| rua António Botto | Active | €345,000 | €3,594 | 28.4% | 72 | 52 |
| rua Menez S / N | Active | €215,000 | €3,707 | 32.5% | 70 | 44 |
| urbanização Colinas da Arrábida | Active | €337,000 | €2,633 | 5.9% | 73 | 45 |
| praceta Antero de Quental | Active | €329,000 | €2,836 | 1.4% | 75 | 53 |
| Median comp | €333,000 | €3,215 | 14.9% | 73 | 49 |
Buy-and-hold The property is overpriced at €305,000, with a fair value of €180,438 reflecting a 40.8% gap, making it a risky long-term investment option. Given the low yield of 3% and a rural location lacking economic diversity, long-term appreciation is unlikely to compensate for the initial overvaluation. Long-term rental With a gross rental yield of 3% and a neighbourhood rating of 52/100, this property is not positioned to attract high-quality tenants for sustainable long-term rentals. The rural context and limited economic opportunities further diminish the attractiveness of committing to a long-term rental strategy on this overpriced asset.
Economic Vulnerability The low economic stability score of 40/100 indicates a significant risk of market downturn affecting property value and rental income.
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