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 114 m² on the 2nd floor, energy rating E. Located Quinta do Anjo parish, Palmela municipality, Setúbal district. Noteworthy Features: The apartment boasts three balconies with retractable awnings for year-round enjoyment, and built-in wardrobes in all bedrooms enhance storage solutions and maximize living space.
The valuation. The asking price of €349,900 sits €98,506 or 39.2% above fair value at €251,394, indicating that the property is overpriced. This significant discrepancy warrants caution for potential investors.
Fair value modelled at €251,394 from 6 comparable sales in the area. Asking €349,900 sits €98,506 (39.2%) above — overpriced versus fair value.
Asking €349,900 versus the Quinta do Anjo, Palmela, Setúbal area baseline of €223,495 (€1,960/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €223,495, adjusted for condition and micro-location, gives a modelled fair value of €251,394 (€2,205/m²), a €98,506 (39.2%) gap versus the €349,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Quinta do Anjo · f5eabf | Subject | €349,900 | €3,069 | — | 73 | 51 |
| rua da Serrinha, 11 | Active | €359,000 | €2,244 | 26.9% | 74 | 48 |
| rua João Vaz Corte Real, 3 | Active | €435,000 | €1,713 | 44.2% | 73 | 59 |
| Quinta do Anjo · cfe0a9 | Active | €390,000 | €2,167 | 29.4% | 75 | 49 |
| rua Agostinho da Silva | Active | €360,000 | €2,609 | 15.0% | 75 | 46 |
| Median comp | €375,000 | €2,206 | 28.1% | 75 | 49 |
Long-term rental This property is priced at €349,900, significantly above its fair value of €251,394, indicating a gap of 39.2% and signaling that it is overpriced. With a gross yield of 3.2% and a neighborhood score of 51/100, expected tenant quality may not offset the high acquisition costs for long-term retention. Family rental The 3-bed apartment in Quinta do Anjo is marked at €349,900, which is excessive compared to its fair value of €251,394, showing a notable 39.2% overpricing. Additionally, while the property's condition stands at 77/100, the neighborhood's limited amenities and lower tenant quality make it a less attractive option for family rentals at this price point.
Weak Economic Conditions The low economic stability score of 40/100 indicates a high risk of economic downturns adversely affecting property values 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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