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.
7-bedroom, 7-bathroom house of 486 m², energy rating D. Located on estrada das Carrascas, Palmela parish, Palmela municipality, Setúbal district. This property includes a large swimming pool and a well-equipped barbecue area, enhancing outdoor entertainment options while ensuring privacy on the extensive 4,424 m² plot.
The valuation. The asking price of €1,250,000 is significantly above the fair value of €820,269, representing a gap of €429,731 or 34.4%. This property is priced as overpriced and is unlikely to attract discerning buyers.
Fair value modelled at €820,269 from the area baseline, adjusted for condition and location. Asking €1,250,000 sits €429,731 (34.4%) above — overpriced versus fair value.
Asking €1,250,000 versus the estrada das Carrascas area baseline of €1,192,644 (€2,454/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 (Condition 80 · Materials 85 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 48/100 (Housing Market 50 · Amenities 40 · Economic 35 · Tenant Quality 50). Softer demand indicators apply a discount to baseline.
estrada das Carrascas
Area baseline €1,192,644 + condition +€54,675 + location -€6,174 = modelled fair value of €820,269 (€1,688/m²), a €429,731 (34.4%) gap versus the €1,250,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| estrada das Carrascas | Subject | €1,250,000 | €2,572 | — | 80 | 48 |
| avenida do Caminho de Ferro, 4 | Active | €825,000 | €3,313 | 28.8% | 80 | 43 |
| avenida do Caminho de Ferro | Active | €850,000 | €3,414 | 32.7% | 75 | 53 |
| Palmela · 00162b | Active | €1,300,000 | €3,095 | 20.3% | 70 | 47 |
| Palmela · 023b97 | Active | €799,000 | €2,553 | 0.8% | 90 | 44 |
| Median comp | €837,500 | €3,204 | 24.6% | 78 | 46 |
Long-term rental The property is overpriced with a 34.4% gap from its fair value of €820,269, which diminishes the investment appeal for long-term rentals. Additionally, with a gross yield of 7.7% and a neighborhood score of 48/100, the potential for rental income may not sufficiently cover the initial investment cost. Value-add renovation While the house boasts a condition rating of 82/100, making it viable for value-add renovations, the significant overpricing at €1,250,000 suggests limited upside potential. Investors might struggle to justify the renovation expenses against the high acquisition cost, further complicating a profitable exit strategy. Not ideal for The property does not align with the requirements for short-term rentals or student housing, given the neighborhood's low score of 48/100 and the agricultural context. Additionally, its positioning within the luxury market is not warranted by either location dynamics or amenities.
High Vacancy Risk Low economic stability at 35/100 combined with tenant stability at 50/100 indicates potential challenges in maintaining consistent occupancy rates, which could lead to increased vacancies and reduced rental income.
