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, 2-bathroom house of 189 m², built in 1989. Located Palmela parish, Palmela municipality, Setúbal district. Noteworthy Features: The property boasts a sizable outdoor area ideal for entertaining, alongside partially modernized interiors that maintain a blend of classic and contemporary styles.
The valuation. The asking price of €470,000 is significantly above its fair value of €279,595, indicating an overvaluation of €190,405 (40.5%). This suggests a challenging investment landscape for potential buyers.
Fair value modelled at €279,595 from the area baseline, adjusted for condition and location. Asking €470,000 sits €190,405 (40.5%) above — overpriced versus fair value.
Asking €470,000 versus the Palmela, Palmela, Setúbal area baseline of €463,806 (€2,454/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 (Condition 70 · Materials 68 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 57/100 (Housing Market 55 · Amenities 60 · Economic 50 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Palmela, Palmela, Setúbal
Area baseline €463,806 + condition -€28,941 + location +€8,404 = modelled fair value of €279,595 (€1,479/m²), a €190,405 (40.5%) gap versus the €470,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Palmela · 6d534a | Subject | €470,000 | €2,487 | — | 70 | 57 |
| rua da Alfazema, 61 | Active | €180,000 | €1,800 | 27.6% | — | 53 |
| rua das Sete Quintas | Active | €650,000 | €2,579 | 3.7% | 70 | 54 |
| estrada da Serralheira | Active | €750,000 | €5,172 | 108.0% | 72 | 48 |
| rua Salgueiro Maia | Active | €449,000 | €2,314 | 6.9% | 55 | 54 |
| Median comp | €549,500 | €2,447 | 1.6% | 70 | 54 |
Long-term rental The property in Palmela, listed at €470,000, is overpriced with a fair value of €279,595, representing a 40.5% gap. With a gross yield of 4.9%, long-term rental opportunities are limited due to the high purchase price compared to the expected returns. Family rental While this 4-bed house could cater to family renters, its current price at €470,000 makes it overpriced against the fair value of €279,595, with a significant gap of 40.5%. The neighborhood's score of 57/100 suggests average conditions that may not justify this premium for families. Value-add renovation Investing in renovations may improve the property value, but with a current listing of €470,000 and a fair value of €279,595, it is considered overpriced by 40.5%. The existing condition rating of 65/100 indicates that while there is potential for enhancements, the initial cost makes this strategy less appealing in the current market context.
Economic Vulnerability The economic stability score of 50/100 indicates a potential risk of financial downturns affecting property value and rental income stability.
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