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.
1-bedroom, 1-bathroom apartment of 62 m² on the 1st floor, built in 2008, energy rating E. Located Quinta do Anjo parish, Palmela municipality, Setúbal district. This apartment boasts a spacious balcony overlooking communal gardens, enhancing outdoor living and offering a tranquil retreat within the gated Palmela Village.
The valuation. The property is listed at €249,000, which is €4,084 (1.7%) above the fair value of €244,916. This positioning indicates that the asking price is fair. Buy-to-flip angle. A strategic resale or wholesale approach could capitalize on renovations that enhance the living space's appeal, potentially increasing the profitable resale price. Buy-to-let angle. With an estimated rental income of €851/month, this property offers a gross yield of 4.1%, making it an attractive buy-and-hold investment for generating steady cash flow.
Fair value modelled at €244,916 from 6 comparable sales in the area. Asking €249,000 sits €4,084 (1.7%) above — overpriced versus fair value.
Asking €249,000 versus the Quinta do Anjo, Palmela, Setúbal area baseline of €232,665 (€3,753/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 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 €232,665, adjusted for condition and micro-location, gives a modelled fair value of €244,916 (€3,950/m²), a €4,084 (1.7%) gap versus the €249,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Quinta do Anjo · e552e2 | Subject | €249,000 | €4,016 | — | 76 | 38 |
| rua Menez, 16 | Active | €209,990 | €3,621 | 9.9% | 72 | 47 |
| Quinta do Anjo · f35f7f | Active | €195,000 | €5,000 | 24.5% | 72 | 49 |
| Quinta do Anjo · 0325a2 | Active | €185,000 | €3,776 | 6.0% | 70 | 49 |
| rua Gil Eanes, 214 | Active | €305,000 | €2,798 | 30.3% | 80 | 52 |
| Median comp | €202,495 | €3,699 | 7.9% | 72 | 49 |
Buy-and-hold Given the property is priced at €249,000, just above the fair value of €244,916, it appears fairly valued, yielding a gross return of 4.1%. However, with a neighbourhood score of 38/100, the property presents risks regarding tenant quality and long-term appreciation potential. Not ideal for Luxury market The property’s rural setting and fair valuation do not support a luxury positioning, as it lacks key amenities and urban characteristics that typically attract luxury buyers. Additionally, the neighbourhood's poor score indicates limited appeal for high-end investments. Not ideal for Student housing Quinta do Anjo's rural characteristics and low amenity score suggest an insufficient student population to support consistent demand for student housing. The market conditions do not align with the requirements usually necessary for successful student rental strategies. Not ideal for Short-term vacation rental The location’s limited urban appeal and the neighbourhood rating raise concerns about the viability of short-term vacation rentals, as tourist demand might be low. The property’s fair valuation further complicates the potential for achieving high occupancy rates typical of successful short-term rentals.
Economic Volatility Risk The property is at risk due to an economic stability score of 35/100, indicating a weak economic environment that may threaten tenant retention and rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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