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 72 m², energy rating C. Located on avenida Padre Nabeto, Palmela parish, Palmela municipality, Setúbal district. Noteworthy Features: The apartment includes modern appliances along with good natural lighting, enhancing its appeal for both tenants and potential buyers looking for comfort and style.
The valuation. The asking price of €280,000 is significantly above the fair value of €246,465, indicating the property is overpriced by €33,535, or 13.6%. This discrepancy suggests potential difficulty in achieving a quick sale at the desired asking price.
Fair value modelled at €246,465 from 6 comparable sales in the area. Asking €280,000 sits €33,535 (13.6%) above — overpriced versus fair value.
Asking €280,000 versus the avenida Padre Nabeto area baseline of €212,420 (€2,950/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 71/100 is below the parish average, reducing 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 €212,420, adjusted for condition and micro-location, gives a modelled fair value of €246,465 (€3,423/m²), a €33,535 (13.6%) gap versus the €280,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Padre Nabeto | Subject | €280,000 | €3,889 | — | 68 | 50 |
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · 89e6ed | Active | €295,000 | €3,352 | 13.8% | 71 | 43 |
| Palmela · 468154 | Active | €295,000 | €2,634 | 32.3% | 71 | 44 |
| estrada da Baixa de Palmela, 120 | Active | €300,000 | €3,947 | 1.5% | 70 | 58 |
| Setúbal (São Sebastião) · 8ee59d | Active | €299,000 | €4,211 | 8.3% | 76 | 54 |
| Median comp | €297,000 | €3,650 | 6.2% | 71 | 49 |
Long-term rental The property is overpriced at €280,000 compared to the fair value of €246,465, presenting an unattractive investment with a negative gap of 13.6%. With a gross yield of only 3.1%, the financial returns are insufficient to justify the elevated price in a rural area with limited local employment. Family rental Given its condition rating of 71/100 and the neighborhood score of 50/100, this apartment may not appeal strongly to families seeking quality housing. The high asking price further diminishes its attractiveness for family rentals, making it riskier in a rural context with agricultural influence and limited amenities.
Economic Vulnerability Given an economic stability score of 50/100, the property is at risk of declining market conditions that could affect tenant demand and rental income. Tenant Turnover Risk With a tenant stability score of 60/100, there is a notable chance of increased turnover, leading to potential vacancies and unpredictable cash flow.
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