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 80 m², energy rating D. Located Palmela parish, Palmela municipality, Setúbal district. Noteworthy Features: This apartment includes a spacious 12 m² balcony that enhances outdoor living, and a well-equipped kitchen with a dedicated laundry area for added convenience.
The valuation. The property’s asking price of €269,000 significantly exceeds its fair value of €115,124 by €153,876, or 57.2%. This indicates that the property is overpriced relative to market expectations.
Fair value modelled at €115,124 from the area baseline, adjusted for condition and location. Asking €269,000 sits €153,876 (57.2%) above — overpriced versus fair value.
Asking €269,000 versus the Palmela, Palmela, Setúbal area baseline of €182,320 (€2,279/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 (Condition 72 · Materials 65 · Room dimensions 72). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 45/100 (Housing Market 40 · Amenities 45 · Economic 45 · Tenant Quality 50). Softer demand indicators apply a discount to baseline.
Palmela, Palmela, Setúbal
Area baseline €182,320 + condition -€9,375 + location -€2,541 = modelled fair value of €115,124 (€1,439/m²), a €153,876 (57.2%) gap versus the €269,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Palmela · 9387e9 | Subject | €269,000 | €3,363 | — | 72 | 45 |
| Palmela · 4d43b5 | Active | €228,000 | €3,167 | 5.8% | 70 | 46 |
| Palmela · 0dcf1e | Active | €228,000 | €3,167 | 5.8% | 68 | 48 |
| estrada nacional de Aires | Active | €239,000 | €2,915 | 13.3% | 74 | 49 |
| Palmela · 4bc62c | Active | €180,000 | €2,687 | 20.1% | 65 | 39 |
| Median comp | €228,000 | €3,041 | 9.6% | 69 | 47 |
Long-term rental With a gross yield of 3.5%, the potential for generating consistent income from a long-term rental strategy is limited due to the significant gap of 57.2% from the property's fair value. Additionally, a neighbourhood rating of 45/100 suggests that tenant demand may be weaker, affecting the desirability of this investment. Buy-and-hold The buy-and-hold strategy becomes less appealing given the property’s fair value of €115,124 compared to the asking price of €269,000, presenting a substantial investment risk. Moreover, a rural location with limited amenities could hinder long-term property appreciation and overall returns. Value-add renovation Despite the property's condition being rated at 68/100, the significant price over fair value indicates that even an investment in renovations may not yield satisfactory returns. The lack of demand in a fragmented neighbourhood could further limit any potential value-added from enhancements, making this strategy less attractive.
Economic Vulnerability The property faces significant investment risk due to low economic stability at 45/100, which may affect tenant demand and rental income.
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