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 77 m², energy rating D. Located on via Fertagus, Palmela parish, Palmela municipality, Setúbal district. Noteworthy Feature: This property offers a spacious open-concept kitchen of approximately 22 m², designed to foster a social atmosphere by seamlessly connecting the living area.
The valuation. The asking price of €279,900 is positioned slightly above the fair value of €271,329, reflecting a difference of €8,571, or 3.2%. This aligns with the verdict of fair pricing, indicating a reasonable market valuation.
Fair value modelled at €271,329 from 6 comparable sales in the area. Asking €279,900 sits €8,571 (3.2%) above — overpriced versus fair value.
Asking €279,900 versus the via Fertagus area baseline of €213,515 (€2,773/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 84/100 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 €213,515, adjusted for condition and micro-location, gives a modelled fair value of €271,329 (€3,524/m²), a €8,571 (3.2%) gap versus the €279,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| via Fertagus | Subject | €279,900 | €3,635 | — | 80 | 50 |
| estrada Palmela, 116 | Active | €290,000 | €3,671 | 1.0% | 80 | 48 |
| rua Augusto Cardoso | Active | €290,000 | €4,603 | 26.6% | 90 | 48 |
| rua São Tomé e Principe S / N | Active | €320,000 | €3,077 | 15.4% | 78 | 48 |
| estrada nacional de Aires | Active | €239,000 | €2,915 | 19.8% | 74 | 49 |
| Median comp | €290,000 | €3,374 | 7.2% | 79 | 48 |
Long-term rental The property presents a fair yield of 3.1%, aligning closely with the market valuation of €271,329, indicating a solid return for long-term rental. However, with a neighbourhood score of 50/100, potential landlords may face challenges in tenant quality and housing market stability. Buy-and-hold Given the fair valuation of the property, investing for a buy-and-hold strategy could yield stable returns, albeit with limited growth potential due to the 3.2% gap to fair value. The condition score of 84/100 supports a long-term hold, yet the overall neighbourhood rating suggests that significant appreciation may not be realized in the near future.
High Vacancy Risk The economic stability score of 35/100 and tenant stability score of 45/100 indicate a significant potential for high vacancy rates, leading to possible revenue loss.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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