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 137 m² on the 2nd floor, built in 1997, energy rating C. Located on rua Manuel Machado de Oliveira, 103, Palmela parish, Palmela municipality, Setúbal district. This apartment features a large living room with a fireplace, enhancing its appeal as a cozy family gathering space while maintaining abundant natural light throughout.
The valuation. The asking price of €340,000 is positioned slightly below the fair value of €358,502, indicating a reasonable valuation that sits €18,502 (5.2%) under fair market assessment.
Fair value modelled at €358,502 from 6 comparable sales in the area. Asking €340,000 sits €18,502 (5.2%) below — the upside to fair value.
Asking €340,000 versus the rua Manuel Machado de Oliveira, 103 area baseline of €286,643 (€2,092/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 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 €286,643, adjusted for condition and micro-location, gives a modelled fair value of €358,502 (€2,617/m²), a €18,502 (5.2%) gap versus the €340,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Manuel Machado de Oliveira, 103 | Subject | €340,000 | €2,482 | — | 75 | 54 |
| avenida Mestre Lima de Freitas, 49 | Active | €449,000 | €2,860 | 15.2% | 74 | 54 |
| Palmela · 23f2f0 | Active | €345,000 | €2,006 | 19.2% | 74 | 46 |
| avenida Mestre Lima de Freitas | Active | €559,900 | €3,861 | 55.6% | 78 | 51 |
| avenida dos Bombeiros Voluntários de Palmela | Active | €235,000 | €2,374 | 4.4% | 75 | 45 |
| Median comp | €397,000 | €2,617 | 5.4% | 75 | 49 |
Long-term rental This 3-bed apartment in Palmela presents a fair investment opportunity with a gross yield of 3.2%. Despite the yield being moderate, the property aligns well with long-term rental demand, particularly due to its proximity to domestic markets. Buy-and-hold Investing in this apartment as a buy-and-hold strategy is a reasonable choice given its fair value of €358,502 against the listing price of €340,000. While the condition and neighborhood ratings are modest, the property can benefit from any future appreciation in the undervalued agricultural area.
High Economic Risk With an economic stability score of 45/100, there is a significant risk that local economic conditions could negatively impact tenant demand and rental income.
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
