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, 2-bathroom apartment of 95 m² on the 3rd floor, built in 2003, energy rating E. Located on rua Agostinho Augusto Pereira, 113, Palmela parish, Palmela municipality, Setúbal district. This apartment features a cozy fireplace in the spacious living room, enhancing comfort and ambiance, and is equipped with double-glazed windows for excellent insulation.
The valuation. The asking price of €320,000 is higher than the fair value of €298,835 by €21,165 (7.1%). The property is fairly priced, indicating that it reflects the market conditions appropriately.
Fair value modelled at €298,835 from 6 comparable sales in the area. Asking €320,000 sits €21,165 (7.1%) above — overpriced versus fair value.
Asking €320,000 versus the rua Agostinho Augusto Pereira, 113 area baseline of €236,052 (€2,485/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 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 €236,052, adjusted for condition and micro-location, gives a modelled fair value of €298,835 (€3,146/m²), a €21,165 (7.1%) gap versus the €320,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Agostinho Augusto Pereira, 113 | Subject | €320,000 | €3,368 | — | 78 | 59 |
| rua Augusto Cardoso | Active | €390,000 | €5,200 | 54.4% | 80 | 45 |
| Palmela · 93852d | Active | €260,000 | €3,377 | 0.2% | 74 | 48 |
| Palmela · 4680c4 | Active | €390,000 | €2,786 | 17.3% | 85 | 45 |
| rua Lucio Borges da Costa | Active | €245,000 | €2,450 | 27.3% | 74 | 58 |
| Median comp | €325,000 | €3,082 | 8.5% | 77 | 47 |
Long-term rental The 2-bed apartment in Palmela presents a gross yield of 3%, which reflects a stable but limited income potential over the long term. With the fair value of €298,835 closely aligning with the listing price of €320,000, the property is fairly priced for long-term rental investment. Family rental This apartment's decent condition score of 80/100 makes it a suitable option for families seeking a reliable living space in the region. While the neighborhood quality rating of 59/100 indicates some room for improvement, it still represents a fair choice for families looking for residential stability. Buy-and-hold The property in Palmela is positioned in a region characterized by agricultural focus, which can provide a stable demand for long-term tenants over time. Given its fair valuation, the property offers a reasonable opportunity for a buy-and-hold investment strategy, although growth potential may be limited.
High Economic Risk With an economic stability score of 38/100, the property may face significant financial instability, potentially impacting rental income and occupancy rates.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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