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 77 m², energy rating E. Located Palmela parish, Palmela municipality, Setúbal district. This apartment features a charming historical facade and is situated in a quiet neighborhood, enhancing both privacy and the overall living experience.
The valuation. The asking price of €260,000 is significantly above the fair value of €123,102, making it overpriced by €136,898 (52.7%). This discrepancy indicates a potential risk for investors in a stagnant market.
Fair value modelled at €123,102 from the area baseline, adjusted for condition and location. Asking €260,000 sits €136,898 (52.7%) above — overpriced versus fair value.
Asking €260,000 versus the Palmela, Palmela, Setúbal area baseline of €175,483 (€2,279/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 74 · Materials 78 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 48/100 (Housing Market 40 · Amenities 45 · Economic 35 · Tenant Quality 50). Softer demand indicators apply a discount to baseline.
Palmela, Palmela, Setúbal
Area baseline €175,483 + condition +€1,805 + location -€978 = modelled fair value of €123,102 (€1,599/m²), a €136,898 (52.7%) gap versus the €260,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Palmela · 93852d | Subject | €260,000 | €3,377 | — | 74 | 48 |
| Palmela · 4d43b5 | Active | €228,000 | €3,167 | 6.2% | 70 | 46 |
| estrada nacional de Aires | Active | €239,000 | €2,915 | 13.7% | 74 | 49 |
| Palmela · 0dcf1e | Active | €228,000 | €3,167 | 6.2% | 68 | 48 |
| Palmela · 4bc62c | Active | €180,000 | €2,687 | 20.4% | 65 | 39 |
| Median comp | €228,000 | €3,041 | 9.9% | 69 | 47 |
Long-term rental The property in Palmela is overpriced at €260,000, significantly above its fair value of €123,102, creating a gap of 52.7%. While the gross yield of 3.3% may attract some investors, the high asking price suggests limited potential for long-term capital appreciation. Buy-and-hold Acquiring this 2-bed apartment in Palmela at the current listing price is not advisable, as it is valued at 52.7% more than its fair market value of €123,102. The combination of a low yield of 3.3% and a subpar neighbourhood rating of 48/100 indicates that holding the property may not yield satisfactory returns in the long run.
Economic Vulnerability The low economic stability score of 35/100 indicates a significant risk of economic downturns that could adversely impact property values and tenant demand.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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