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.
6-bedroom, 5-bathroom house of 420 m², built in 2007, energy rating A. Located Palmela parish, Palmela municipality, Setúbal district. Noteworthy Features: This property includes a magnificent private garden with fruit trees, a swimming pool, and close proximity to a serene lake, enhancing its appeal for outdoor leisure.
The valuation. The asking price of €1,300,000 is significantly above the fair value of €647,144, making this property overpriced by €652,856 (50.2%). The valuation indicates that potential investors should approach with caution.
Fair value modelled at €647,144 from the area baseline, adjusted for condition and location. Asking €1,300,000 sits €652,856 (50.2%) above — overpriced versus fair value.
Asking €1,300,000 versus the Palmela, Palmela, Setúbal area baseline of €1,030,680 (€2,454/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 (Condition 70 · Materials 75 · Room dimensions 78). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 47/100 (Housing Market 50 · Amenities 40 · Economic 35 · Tenant Quality 60). Softer demand indicators apply a discount to baseline.
Palmela, Palmela, Setúbal
Area baseline €1,030,680 + condition -€11,812 + location -€8,004 = modelled fair value of €647,144 (€1,541/m²), a €652,856 (50.2%) gap versus the €1,300,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Palmela · 00162b | Subject | €1,300,000 | €3,095 | — | 70 | 47 |
| rua Capitão Clemente José Juncal, 47 | Active | €575,000 | €1,910 | 38.3% | 72 | 48 |
| estrada das Carrascas | Active | €600,000 | €2,400 | 22.5% | 85 | 48 |
| rua José Dionísio Guerreiro Monteiro, 5 | Active | €720,000 | €1,851 | 40.2% | 80 | 46 |
| rua Doutor Luís Guerreiro | Active | €499,000 | €3,043 | 1.7% | 85 | 48 |
| Median comp | €587,500 | €2,155 | 30.4% | 83 | 48 |
Long-term rental The 6-bed house in Palmela is overpriced at €1,300,000, significantly exceeding its fair value of €647,144, presenting a gap of 50.2%. With a low gross yield of 2.3%, this investment strategy is not financially appealing given the current market context. Family rental At the asking price of €1,300,000, the property does not represent a sound family rental opportunity, especially considering the fair value of €647,144 and the sizable 50.2% discrepancy. The neighborhood’s low 47/100 rating further exacerbates the challenges of attracting long-term tenants seeking quality housing. Buy-and-hold Investing in a buy-and-hold strategy for this Palmela property is unwise, as it is listed at €1,300,000 compared to a fair value of €647,144, indicating it is overpriced. The combination of mediocre yield at 2.3% and a neighborhood score of 47/100 raises significant concerns about future returns on investment.
Economic Vulnerability With an economic stability score of 35/100, there is a heightened risk of economic downturns affecting rental income and property value.