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, 2-bathroom country_house of 130 m², built in 1996. Located Palmela parish, Palmela municipality, Setúbal district. Noteworthy Features: This renovated farmhouse includes a large annex with a professional kitchen and a wine cellar, perfect for entertaining, alongside a vineyard and multiple fruit trees on the estate.
The valuation. The asking price of €588,000 sits significantly above the fair value of €205,195, representing an overpricing of €382,805 or 65.1%. This valuation indicates that the property is overpriced in the current market.
Fair value modelled at €205,195 from the area baseline, adjusted for condition and location. Asking €588,000 sits €382,805 (65.1%) above — overpriced versus fair value.
Asking €588,000 versus the Palmela, Palmela, Setúbal area baseline of €296,270 (€2,279/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 72 · Materials 78 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 48/100 (Housing Market 35 · Amenities 50 · Economic 40 · Tenant Quality 60). Softer demand indicators apply a discount to baseline.
Palmela, Palmela, Setúbal
Area baseline €296,270 + condition +€406 + location -€1,652 = modelled fair value of €205,195 (€1,578/m²), a €382,805 (65.1%) gap versus the €588,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Palmela · 49b8a4 | Subject | €588,000 | €4,523 | — | 72 | 48 |
| Quinta do Anjo · 0901cd | Active | €550,000 | €2,582 | 42.9% | 70 | 52 |
| Quinta do Anjo · 8933c0 | Active | €569,900 | €3,749 | 17.1% | — | 50 |
| Sarilhos Grandes · 001bf5 | Active | €435,000 | €2,825 | 37.5% | 72 | 55 |
| Palmela · 49b851 | Active | €750,000 | €5,172 | 14.4% | 70 | 54 |
| Median comp | €559,950 | €3,287 | 27.3% | 70 | 53 |
Long-term rental The property is overpriced at €588,000, notably exceeding the fair value of €205,195 by 65.1%, which diminishes its attractiveness as a long-term rental investment. Given the low gross yield of 3.4% and a neighbourhood score of 48/100, this investment may not generate the expected returns over time. Family rental With a listing price significantly above fair value by 65.1%, the €588,000 property may struggle to attract families looking for reasonable rental options. The condition of 75/100 and a lack of essential amenities reflected in the neighbourhood score of 48/100 further indicate this property may not meet family needs sufficiently.
Low Economic Growth Risk The economic stability score of 40/100 indicates a significant risk of low growth or economic downturn in the area, which may negatively impact tenant demand and rental income over time.
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