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 house of 140 m², built in 2008, energy rating C. Located on rua Gil Eanes, Quinta do Anjo parish, Palmela municipality, Setúbal district. Noteworthy Features: This property features a panoramic balcony off the first-floor en suite bedroom, offering stunning views of the surrounding countryside and the nearby golf course under legalization.
The valuation. The asking price of €460,000 sits significantly above the fair value of €233,666, representing an overpricing of €226,334 (49.2%). This valuation indicates that the property is not a prudent investment. Buy-to-flip angle. A buy-to-flip strategy might be challenging, given the price disparity, as significant renovations may not justify the high listing price compared to the fair value. Quick resale might result in losses. Buy-to-let angle. The rental income strategy forecasts a gross yield of 3.4%, with estimated monthly income around €1,303. However, the mixed neighborhood rating could affect tenant demand in the long term.
Fair value modelled at €233,666 from the area baseline, adjusted for condition and location. Asking €460,000 sits €226,334 (49.2%) above — overpriced versus fair value.
Asking €460,000 versus the rua Gil Eanes area baseline of €361,900 (€2,585/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 (Condition 78 · Materials 83 · Room dimensions 81). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 48/100 (Housing Market 40 · Amenities 35 · Economic 40 · Tenant Quality 55). Softer demand indicators apply a discount to baseline.
rua Gil Eanes
Area baseline €361,900 + condition +€13,125 + location -€1,779 = modelled fair value of €233,666 (€1,669/m²), a €226,334 (49.2%) gap versus the €460,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Gil Eanes | Subject | €460,000 | €3,286 | — | 78 | 48 |
| rua Amadeu de Sousa Cardoso | Active | €568,000 | €2,618 | 20.3% | 72 | 45 |
| Quinta do Anjo · 6d5598 | Active | €560,000 | €7,368 | 124.3% | 72 | 47 |
| Quinta do Anjo · 0901cd | Active | €550,000 | €2,582 | 21.4% | 70 | 52 |
| Quinta do Anjo · 8933c0 | Active | €569,900 | €3,749 | 14.1% | — | 50 |
| Median comp | €564,000 | €3,184 | 3.1% | 72 | 49 |
Long-term rental This property, listed at €460,000, is priced significantly above its fair value of €233,666, reflecting a 49.2% gap, which indicates it is overpriced. Given the gross yield of only 3.4% and a neighbourhood score of 48/100, the potential returns do not justify the high asking price in this primarily agricultural area. Family rental With a housing market that largely caters to agricultural needs, the €460,000 asking price stands in stark contrast to the fair valuation of €233,666, making this property overpriced. Families seeking rental homes may find better value elsewhere, particularly given the property's low neighbourhood rating of 48/100 and a modest gross yield of 3.4%.
Economic Vulnerability The economic stability score of 40/100 indicates a heightened risk of fluctuations in market conditions that could negatively impact the property's value and rental income.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
