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 72 m², built in 1986, energy rating D. Located Palmela parish, Palmela municipality, Setúbal district. Noteworthy Features: The apartment benefits from excellent solar exposure to the east, enhancing natural light throughout the day while featuring a mix of newer finishes and vintage elements in its design.
The valuation. The asking price of €228,000 is significantly above the fair value of €103,282, representing a 54.7% premium. This positions the property as overpriced based on current market conditions.
Fair value modelled at €103,282 from the area baseline, adjusted for condition and location. Asking €228,000 sits €124,718 (54.7%) above — overpriced versus fair value.
Asking €228,000 versus the Palmela, Palmela, Setúbal area baseline of €164,088 (€2,279/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 (Condition 70 · Materials 65 · Room dimensions 68). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 46/100 (Housing Market 40 · Amenities 50 · Economic 40 · Tenant Quality 55). Softer demand indicators apply a discount to baseline.
Palmela, Palmela, Setúbal
Area baseline €164,088 + condition -€9,225 + location -€1,829 = modelled fair value of €103,282 (€1,434/m²), a €124,718 (54.7%) gap versus the €228,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Palmela · 4d43b5 | Subject | €228,000 | €3,167 | — | 70 | 46 |
| Palmela · 4bc62c | Active | €180,000 | €2,687 | 15.2% | 65 | 39 |
| rua Gregório Lopes, 31 | Active | €219,000 | €4,867 | 53.7% | 72 | 58 |
| estrada nacional de Aires | Active | €239,000 | €2,915 | 8.0% | 74 | 49 |
| Palmela · 96c346 | Active | €225,000 | €3,462 | 9.3% | — | 40 |
| Median comp | €222,000 | €3,189 | 0.7% | 72 | 45 |
Long-term rental The 2-bed apartment in Palmela, listed at €228,000, is overpriced by 54.7% compared to its fair value of €103,282. With a gross yield of only 3.6% and a neighbourhood score of 46/100, it may not provide the desired long-term rental returns. Buy-and-hold While the 2-bed apartment offers potential for future appreciation, its current price of €228,000 significantly exceeds its fair value of €103,282, suggesting it is overpriced. The low yield and average condition further imply that holding this property may not yield satisfactory returns over time.
Economic Vulnerability The economic stability score of 40/100 indicates a high risk of economic downturns, potentially affecting rental incomes and property values negatively.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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