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.
4-bedroom, 3-bathroom house of 391 m², built in 2011, energy rating C. Located on rua Manuel Martins Pitorra, 34, Quinta do Anjo parish, Palmela municipality, Setúbal district. The property features an expansive 4,880 m² plot, offering exceptional potential for outdoor activities and privacy, complemented by a spacious garage and storage area of 112.74 m².
The valuation. The asking price of €890,000 is only slightly above the fair value of €871,895, indicating a difference of €18,105 (2.1%). This property is considered to be priced at fair value, making it a reasonable option for potential buyers.
Fair value modelled at €669,938 from 5 comparable sales in the area. Asking €890,000 sits €220,062 (32.8%) above — overpriced versus fair value.
Asking €890,000 versus the rua Manuel Martins Pitorra, 34 area baseline of €556,756 (€1,424/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 €556,756, adjusted for condition and micro-location, gives a modelled fair value of €669,938 (€1,713/m²), a €220,062 (32.8%) gap versus the €890,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Manuel Martins Pitorra, 34 | Subject | €890,000 | €2,276 | — | 70 | 49 |
| Palmela · 62724d | Active | €495,000 | €2,210 | 2.9% | 74 | 39 |
| rua Amadeu de Sousa Cardoso, 6 | Active | €385,000 | €1,638 | 28.0% | 62 | 61 |
| rua dos Caracóis | Active | €490,000 | €2,450 | 7.6% | 76 | 46 |
| Quinta do Anjo · 4d46a7 | Active | €550,000 | €1,713 | 24.7% | 74 | 46 |
| Median comp | €492,500 | €1,962 | 13.8% | 74 | 46 |
Long-term rental The property is situated in a less urbanized area, which might limit its desirability for long-term tenants, given the neighbourhood score of 49/100. With a gross yield of 3%, the investment potential is modest and aligns closely with the fair value of €871,895, indicating that the property is fairly priced in this context. Family rental Although the house has reasonable space for a family, the neighbourhood's low score of 49/100 may deter potential tenants seeking high-quality amenities and schooling. The yield of 3% suggests that while the property is priced fairly at €890,000, it may not present an appealing investment for families looking for better local resources. Buy-and-hold Holding this property long-term could be challenging due to its location and the local neighbourhood rating of 49/100, which reflects limited appeal. While priced fairly at €890,000, the 3% yield shows that the property may not experience significant appreciation prospects in the near future.
Economic Dependence Risk: With an economic stability score of 45/100, there is a significant risk that economic downturns could negatively impact tenant demand, influencing occupancy rates and rental income sustainability.
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