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 111 m², built in 2003, energy rating E. Located Quinta do Anjo parish, Palmela municipality, Setúbal district. Property Features: This apartment boasts energy-efficient double-glazed windows and a spacious balcony, perfect for enjoying the sunny climate of Quinta do Anjo in Palmela.
The valuation. The asking price of €339,900 sits €67,396 (24.7%) above the fair value of €272,504, indicating that the property is overpriced. Buyers should approach this investment with caution due to its inflated valuation.
Fair value modelled at €272,504 from 6 comparable sales in the area. Asking €339,900 sits €67,396 (24.7%) above — overpriced versus fair value.
Asking €339,900 versus the Quinta do Anjo, Palmela, Setúbal area baseline of €256,741 (€2,313/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 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 €256,741, adjusted for condition and micro-location, gives a modelled fair value of €272,504 (€2,455/m²), a €67,396 (24.7%) gap versus the €339,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Quinta do Anjo · 14428a | Subject | €339,900 | €3,062 | — | 70 | 51 |
| Quinta do Anjo · f5eabf | Active | €349,900 | €3,069 | 0.2% | 73 | 51 |
| rua da Serrinha, 11 | Active | €359,000 | €2,244 | 26.7% | 74 | 48 |
| rua António Botto | Active | €345,000 | €3,594 | 17.4% | 72 | 52 |
| rua Agostinho da Silva | Active | €350,000 | €2,536 | 17.2% | 72 | 46 |
| Median comp | €349,950 | €2,803 | 8.5% | 73 | 50 |
Long-term rental The property in Quinta do Anjo is overpriced by 24.7%, making it a less attractive option for long-term rental investments. With a gross yield of only 3.2% and a neighbourhood score of 51/100, the potential for strong cash flow is limited. Buy-and-hold Although the buy-and-hold strategy can be beneficial over time, this property is overpriced at €339,900 compared to its fair value of €272,504. The current condition rating of 73/100 suggests maintenance costs may arise, further diminishing potential returns in a region primarily reliant on agricultural employment. Not ideal for short-term vacation rental Given the property’s location in a rural Alentejo-like region and an unimpressive neighbourhood rating, it is not well-suited for short-term vacation rentals. The overall community lacks the necessary amenities and attractions to support a thriving short-term rental market. Not ideal for student housing With limited access to educational institutions and a rural setting, this property does not cater to the student housing market. Additionally, the average tenant quality score indicates a lack of demand for accommodation geared towards students in this area.
Economic Vulnerability The low economic stability score of 45/100 suggests a higher risk of economic downturns affecting rental income stability and property values.
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