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, 2-bathroom apartment of 100 m², built in 1984, energy rating E. Located on rua Lucio Borges da Costa, Palmela parish, Palmela municipality, Setúbal district. Notable Features: This apartment boasts tilt and turn windows, enhancing ventilation and energy efficiency, along with a west-facing view that offers scenic vistas of Lisbon at sunset.
The valuation. The asking price of €245,000 is significantly above the fair value of €156,694, creating an excess of €88,306, or 36.0%. This property is deemed overpriced.
Fair value modelled at €156,694 from the area baseline, adjusted for condition and location. Asking €245,000 sits €88,306 (36.0%) above — overpriced versus fair value.
Asking €245,000 versus the rua Lucio Borges da Costa area baseline of €227,900 (€2,279/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 (Condition 74 · Materials 71 · Room dimensions 68). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 58/100 (Housing Market 50 · Amenities 40 · Economic 45 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
rua Lucio Borges da Costa
Area baseline €227,900 + condition -€7,187 + location +€5,082 = modelled fair value of €156,694 (€1,567/m²), a €88,306 (36.0%) gap versus the €245,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Lucio Borges da Costa | Subject | €245,000 | €2,450 | — | 74 | 58 |
| Palmela · 93852d | Active | €260,000 | €3,377 | 37.8% | 74 | 48 |
| Palmela · 4d43b5 | Active | €228,000 | €3,167 | 29.3% | 70 | 46 |
| avenida dos Bombeiros Voluntários de Palmela | Active | €235,000 | €2,374 | 3.1% | 75 | 45 |
| Palmela · 0dcf1e | Active | €228,000 | €3,167 | 29.3% | 68 | 48 |
| Median comp | €231,500 | €3,167 | 29.3% | 72 | 47 |
Long-term rental The property in Palmela is overpriced by 36.0%, posing a risk to achieving desired rental yield, as evidenced by a gross yield of only 4.1%. With a neighborhood rating of 58/100 and basic amenities, tenant quality may be suboptimal, further complicating long-term rental viability. Buy-and-hold Investing in this property as a buy-and-hold strategy may not yield satisfactory returns, given its substantial gap from fair value and relatively low condition score of 70/100. Owning a property in a rural area with limited amenities raises concerns about future appreciation, making it less compelling despite potential long-term holding benefits.
Economic Vulnerability The property faces a significant risk due to a low economic stability score of 45/100, indicating a challenging financial environment that could impact tenant retention and rental income stability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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