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 152 m² on the 2nd floor, built in 2003, energy rating D. Located on praceta Antero de Quental, Quinta do Anjo parish, Palmela municipality, Setúbal district. Noteworthy Features: This apartment includes two dedicated parking spaces and a private balcony with terrace, enhancing outdoor living in a serene environment. Condition Notes: The unit showcases spacious, light-filled interiors with quality finishes, while the kitchen is ready for minimal updates.
The valuation. The asking price of €355,000 is 2.8% above the fair value of €345,422, indicating that the property is fairly priced in the current market. This slight premium reflects its desirable features and finishes.
Fair value modelled at €345,422 from 6 comparable sales in the area. Asking €355,000 sits €9,578 (2.8%) above — overpriced versus fair value.
Asking €355,000 versus the praceta Antero de Quental area baseline of €329,847 (€2,170/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 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 €329,847, adjusted for condition and micro-location, gives a modelled fair value of €345,422 (€2,273/m²), a €9,578 (2.8%) gap versus the €355,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praceta Antero de Quental | Subject | €355,000 | €2,336 | — | 70 | 47 |
| Quinta do Anjo · 15e321 | Active | €359,000 | €2,301 | 1.5% | 75 | 60 |
| Quinta do Anjo · 622970 | Active | €325,000 | €2,196 | 6.0% | 80 | 56 |
| rua Gil Eanes, 6 | Active | €320,000 | €2,388 | 2.2% | 77 | 47 |
| rua da Serrinha, 11 | Active | €359,000 | €2,244 | 3.9% | 74 | 48 |
| Median comp | €342,000 | €2,273 | 2.7% | 76 | 52 |
Long-term rental Given the current fair valuation of the property at €355,000, the yield of 3.7% gross suggests a stable return in a rural area with less volatile housing demand. However, the limitations of the local economy, primarily reliant on agriculture, could affect tenant stability long-term. Value-add renovation With a condition rating of 72/100, there's potential to enhance the property through targeted renovations that could improve both appeal and value, although the market remains constrained by the local economic environment. The slight gap from fair value at 2.8% indicates that significant increases in value post-renovation may be challenging due to the neighborhood's lower ratings. Not ideal for short-term vacation rental The rural characteristics and limited amenities of Quinta do Anjo may hinder the performance of a short-term vacation rental strategy, as such properties often thrive in high-tourism areas. Consequently, the low neighbourhood rating of 47/100 further diminishes the viability of this investment approach. Not ideal for luxury market This property does not align with luxury market expectations, given its fair valuation compared to the rural context and economic conditions of the area. The overall neighborhood rating suggests a lack of demand necessary to support high-end pricing, making this strategy risky. Not ideal for student housing The rural setting and low economy-driven tenant demographic are not conducive to developing student housing, which typically requires access to educational institutions and urban amenities. Furthermore, the limited employment opportunities in the area may negatively impact tenant retention in this segment.
Low Economic Stability Risk With an economic stability score of 38/100, the property might face challenges in attracting tenants, leading to potential increased vacancy rates.
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