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 house of 120 m², built in 1977, energy rating D. Located Palmela parish, Palmela municipality, Setúbal district. Noteworthy Features: The property includes a newly extended 45m² annex with a bathroom and kitchen, complementing the spacious outdoor pool area for enhanced leisure and entertaining options.
The valuation. The asking price of €550,000 is significantly above the fair value of €201,749, representing an overvaluation of €348,251 (63.3%). This property is considered overpriced.
Fair value modelled at €201,749 from the area baseline, adjusted for condition and location. Asking €550,000 sits €348,251 (63.3%) above — overpriced versus fair value.
Asking €550,000 versus the Palmela, Palmela, Setúbal area baseline of €273,480 (€2,279/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 83/100 (Condition 80 · Materials 85 · Room dimensions 82). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 45/100 (Housing Market 40 · Amenities 50 · Economic 35 · Tenant Quality 50). Softer demand indicators apply a discount to baseline.
Palmela, Palmela, Setúbal
Area baseline €273,480 + condition +€15,000 + location -€3,811 = modelled fair value of €201,749 (€1,681/m²), a €348,251 (63.3%) gap versus the €550,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Palmela · 25f681 | Subject | €550,000 | €4,583 | — | 80 | 45 |
| rua Fernando Namora, 9 | Active | €1,200,000 | €6,417 | 40.0% | 80 | 48 |
| Palmela · cfe07a | Active | €995,000 | €3,373 | 26.4% | 72 | 45 |
| Palmela · 6fba18 | Active | €450,000 | €3,103 | 32.3% | 76 | 45 |
| Palmela · 49b851 | Active | €750,000 | €5,172 | 12.9% | 70 | 54 |
| Median comp | €872,500 | €4,273 | 6.8% | 74 | 47 |
Long-term rental This property’s gross yield of 2.9% indicates limited rental income potential, especially given its fair value of €201,749 compared to the listing price of €550,000. The 63.3% gap from fair value suggests that long-term rental investors might face challenges in achieving a satisfactory return on investment. Family rental While the property could appeal to families due to its size, the severely overpriced listing limits its attractiveness in a rural area with a neighbourhood score of only 45/100. The condition rating of 83/100 may entice some, but it does not compensate for the high acquisition cost relative to the fair market value.
High Economic Risk The economic stability score of 35/100 indicates a significant risk of economic downturns affecting property values and rental income, which could threaten investment returns.
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