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, 3-bathroom apartment of 163 m² on the 3rd floor, built in 2006. Located Palmela parish, Palmela municipality, Setúbal district. The apartment boasts a generous balcony with unobstructed views, enhancing the living experience in the heart of Palmela.
The asking price of €416,000 is above the fair value of €341,000, indicating that the property is overpriced with a gap of €75,000, or 17.9% downside versus the asking price. The estimated gross yield is 6.6%.
The asking price is above the fair value. This property's fair value is determined using a combination of two models: the Transaction model, which accounts for real transaction data from 59 recorded sales in Palmela, and the Adjusted asking-price model based on current listings. The Transaction model holds a 55% weight while the Adjusted asking-price model has 45%. No conservative adjustments were applied. The fair value is €341,000, which reveals that the asking price of €416,000 exceeds this fair value by €75,000, or 17.9%. The confidence level in this valuation is high.
Gross yield 6.6% (before costs)
No specific strategy stands out for this property.
The asking price of €416,000 is above the fair value of €341,000, indicating a 17.9% downside versus the asking price. The property is in average condition with a score of 68/100, and located in a neighbourhood that is rated as 50/100. Investors should consider these factors carefully before making a decision.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk With both economic stability and tenant stability scores at 50/100, there is a significant risk associated with potential fluctuations in rental income and property value due to unstable market conditions.
Grade AFindings: 0
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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