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, 3-bathroom apartment of 166 m², built in 2005, energy rating E. Located on rua de São Filipe, 11, Palmela parish, Palmela municipality, Setúbal district. This apartment features a top-floor position with east/west solar orientation, ensuring exceptional natural light and comfort throughout the day.
The valuation. The asking price of €349,000 is notably higher than the calculated fair value of €265,909, resulting in an excess of €83,091 (23.8%). This indicates that the property is overpriced.
Fair value modelled at €265,909 from the area baseline, adjusted for condition and location. Asking €349,000 sits €83,091 (23.8%) above — overpriced versus fair value.
Asking €349,000 versus the rua de São Filipe, 11 area baseline of €407,364 (€2,454/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 72 · Materials 80 · Room dimensions 77). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 48/100 (Housing Market 40 · Amenities 50 · Economic 40 · Tenant Quality 60). Softer demand indicators apply a discount to baseline.
rua de São Filipe, 11
Area baseline €407,364 + condition +€4,409 + location -€2,109 = modelled fair value of €265,909 (€1,602/m²), a €83,091 (23.8%) gap versus the €349,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua de São Filipe, 11 | Subject | €349,000 | €2,102 | — | 72 | 48 |
| rua de São Filipe, 11 | Active | €365,000 | €2,199 | 4.6% | 76 | 49 |
| rua de São Filipe, 11 | Active | €383,000 | €2,307 | 9.7% | 70 | 48 |
| rua da Serrinha, 11 | Active | €359,000 | €2,244 | 6.7% | 74 | 48 |
| avenida dos Bombeiros Voluntários de Palmela | Active | €235,000 | €2,374 | 12.9% | 75 | 45 |
| Median comp | €362,000 | €2,276 | 8.2% | 75 | 48 |
Long-term rental The property at €349,000 is overpriced compared to its fair value of €265,909, indicating a significant financial strain for potential landlords seeking profitability. With a gross yield of only 4%, the investment does not align favorably with local market expectations, particularly in a neighborhood with limited amenities and population density. Buy-and-hold This apartment's price exceeds its fair value, making it an unattractive buy-and-hold investment option. The anticipated appreciation may not compensate for its current overvaluation, especially given the property's suburban context and the existing rural economic influences. Not ideal for: Short-term vacation rental, Luxury market, Student housing
Economic Vulnerability With an economic stability score of 40/100, there is a significant risk that adverse market conditions could lead to decreased demand and falling property values.
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