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, 3-bathroom house of 200 m², built in 2008, energy rating D. Located on rua dos Caracóis, Quinta do Anjo parish, Palmela municipality, Setúbal district. Noteworthy Features: The property includes a dedicated office space on the ground floor, enhancing its functionality for remote work or guest accommodation. Additionally, the terrace offers ample room for outdoor entertaining.
The valuation. The asking price of €490,000 is significantly above the fair value of €408,482, indicating a premium of €81,518 (20.0%). This property is considered overpriced for its current market position.
Fair value modelled at €408,482 from 6 comparable sales in the area. Asking €490,000 sits €81,518 (20.0%) above — overpriced versus fair value.
Asking €490,000 versus the rua dos Caracóis area baseline of €350,563 (€1,753/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 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 €350,563, adjusted for condition and micro-location, gives a modelled fair value of €408,482 (€2,042/m²), a €81,518 (20.0%) gap versus the €490,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua dos Caracóis | Subject | €490,000 | €2,450 | — | 76 | 46 |
| rua Amadeu de Sousa Cardoso, 6 | Active | €385,000 | €1,638 | 33.1% | 62 | 61 |
| Quinta do Anjo · f46b90 | Active | €550,000 | €2,500 | 2.0% | 75 | 48 |
| Quinta do Anjo · 4d46a7 | Active | €550,000 | €1,713 | 30.1% | 74 | 46 |
| Palmela · 62724d | Active | €495,000 | €2,210 | 9.8% | 74 | 39 |
| Median comp | €522,500 | €1,962 | 19.9% | 74 | 47 |
Long-term rental The property is overpriced at €490,000, with a fair value of only €408,482, indicating a 20.0% gap that diminishes potential profitability. With a gross yield of 5.7%, the investment is unlikely to generate sufficient returns relative to the high entry cost in a neighborhood rated only 46/100. Value-add renovation Although the condition of the property is rated 78/100, the significant gap to fair value suggests that the costs of any renovation may not yield a favorable return on investment. Investing over the current market price means additional renovation expenses may only exacerbate the existing valuation concerns. Not ideal for student housing Given its 46/100 neighborhood score and the property being overpriced, student housing is unlikely to be a profitable venture in this context. The lack of nearby amenities and tenant quality further detracts from its suitability for this demographic. Not ideal for short-term rental The combination of an overpriced listing and an unfavorable neighborhood rating makes it impractical to consider short-term rental strategies for this property. Additionally, the rural characteristics of the location do not support a demand for short-term stays.
Economic Risk The property is at risk due to a low economic stability score of 35/100, indicating potential fluctuations in market conditions that could affect rental income and property value.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
