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, 1-bathroom apartment of 101 m², built in 1977, energy rating F. Located Palmela parish, Palmela municipality, Setúbal district. Noteworthy Features: This apartment includes a very large attic conversion, ideal for an office or studio, enhancing the functional living space in a central location.
The valuation. The asking price of €335,000 is slightly below the fair value of €340,625, resulting in a difference of €5,625 or 1.7%. This property is situated at a fair price relative to its market value.
Fair value modelled at €340,625 from 6 comparable sales in the area. Asking €335,000 sits €5,625 (1.7%) below — the upside to fair value.
Asking €335,000 versus the Palmela, Palmela, Setúbal area baseline of €291,607 (€2,887/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 €291,607, adjusted for condition and micro-location, gives a modelled fair value of €340,625 (€3,373/m²), a €5,625 (1.7%) gap versus the €335,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Palmela · 83174d | Subject | €335,000 | €3,317 | — | 73 | 49 |
| avenida da Liberdade, 22 | Active | €335,000 | €3,045 | 8.2% | 75 | 47 |
| Palmela · 93852d | Active | €260,000 | €3,377 | 1.8% | 74 | 48 |
| rua Augusto Cardoso | Active | €390,000 | €5,200 | 56.8% | 80 | 45 |
| Palmela · 4680c4 | Active | €390,000 | €2,786 | 16.0% | 85 | 45 |
| Median comp | €362,500 | €3,211 | 3.2% | 78 | 46 |
Long-term rental With a gross yield of 3.1% and a fair value slightly above the listing price, this 2-bed apartment in Palmela presents a steady investment opportunity for long-term rental. However, the 49/100 neighbourhood rating suggests that tenant demand may be limited, which could impact rental income stability. Buy-and-hold This property, listed at €335,000, is fairly valued with a small gap of 1.7% below fair value; thus, it may appreciate modestly over time. Though the condition of 77/100 indicates decent upkeep, the rural setting and lower population density suggest a slower appreciation rate compared to urban properties.
Low Economic Resilience With an economic stability score of 35/100, the property is exposed to significant risks from potential economic downturns that could impact rental income and property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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