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 villa of 313 m², built in 2013, energy rating C. Located Palmela parish, Palmela municipality, Setúbal district. Noteworthy Features: The villa includes an approved project for a swimming pool, enhancing outdoor lifestyle and potential property value in the serene environment of Palmela.
The valuation. The asking price of €799,000 is significantly above the fair value of €524,240, representing an excess of €274,760 (34.4%). This property is clearly overpriced given the current market conditions.
Fair value modelled at €524,240 from the area baseline, adjusted for condition and location. Asking €799,000 sits €274,760 (34.4%) above — overpriced versus fair value.
Asking €799,000 versus the Palmela, Palmela, Setúbal area baseline of €497,044 (€1,588/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 (Condition 90 · Materials 86 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 44/100 (Housing Market 40 · Amenities 45 · Economic 35 · Tenant Quality 55). Softer demand indicators apply a discount to baseline.
Palmela, Palmela, Setúbal
Area baseline €497,044 + condition +€39,125 + location -€11,929 = modelled fair value of €524,240 (€1,675/m²), a €274,760 (34.4%) gap versus the €799,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Palmela · 023b97 | Subject | €799,000 | €2,553 | — | 90 | 44 |
| rua Fernando Namora, 9 | Active | €1,200,000 | €6,417 | 151.4% | 80 | 48 |
| Palmela · cfe07a | Active | €995,000 | €3,373 | 32.1% | 72 | 45 |
| Palmela · 25f681 | Active | €550,000 | €4,583 | 79.5% | 80 | 45 |
| estrada das Carrascas | Active | €600,000 | €2,400 | 6.0% | 85 | 48 |
| Median comp | €797,500 | €3,978 | 55.8% | 80 | 47 |
Long-term rental The property is overpriced with a listing price of €799,000 and a fair value of only €524,240, leading to a substantial gap of 34.4%. Additionally, the gross yield of 3.4% is not competitive in the surrounding semi-rural market, making long-term rental an unattractive option. Value-add renovation While some might consider renovations to enhance value, the excessive asking price of €799,000 against a fair value of €524,240 indicates that the potential returns may not justify the investment. Furthermore, the current quality of the neighborhood (44/100) and the overall condition rating (85/100) suggest limited upside, rendering this strategy less appealing. Not ideal for: Student housing, Luxury market Location context: Looking at the rural Alentejo setting, both the lack of urban amenities and the neighborhood attractiveness further deter high-end project viability.
High Economic Risk The property is located in an area with a low economic stability score of 35/100, which may lead to lower demand and potential vacancy issues.
