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.
2-bedroom, 1-bathroom villa of 156 m², built in 1950, energy rating F. Located Palmela parish, Palmela municipality, Setúbal district. Noteworthy Features: The villa features a magnificent 50 m² panoramic rooftop terrace with exceptional views of Palmela Castle, and a double entrance providing convenient off-street parking in the historical center.
The valuation. The asking price of €299,000 exceeds the fair value of €245,534 by €53,466 (17.9%). Consequently, the property is deemed overpriced.
Fair value modelled at €245,534 from the area baseline, adjusted for condition and location. Asking €299,000 sits €53,466 (17.9%) above — overpriced versus fair value.
Asking €299,000 versus the Palmela, Palmela, Setúbal area baseline of €247,728 (€1,588/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 (Condition 72 · Materials 78 · Room dimensions 75). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 50/100 (Housing Market 40 · Amenities 55 · Economic 45 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Palmela, Palmela, Setúbal
Area baseline €247,728 + condition -€2,194 + location +€0 = modelled fair value of €245,534 (€1,574/m²), a €53,466 (17.9%) gap versus the €299,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Palmela · 1e6403 | Subject | €299,000 | €1,917 | — | 72 | 50 |
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · 6d5553 | Active | €360,000 | €3,600 | 87.8% | 65 | 55 |
| Palmela · 49b8b8 | Active | €365,000 | €3,842 | 100.5% | 76 | 52 |
| Palmela · 2620d6 | Active | €205,000 | €3,942 | 105.7% | — | 47 |
| Palmela · 6fba18 | Active | €450,000 | €3,103 | 61.9% | 76 | 45 |
| Median comp | €362,500 | €3,721 | 94.1% | 76 | 50 |
Long-term rental The 2-bed villa in Palmela is overpriced by 17.9% compared to its fair value, which limits its attractiveness as a long-term rental investment. Despite a gross yield of 8.9%, the condition and neighborhood scores suggest significant risks in maintaining occupancy and rental income. Family rental With a listing price of €299,000, this property is above fair value and the surrounding rural area presents challenges that may deter potential family renters. The average condition and neighborhood scores indicate that families might prefer more amenity-rich areas, negatively impacting the tenant pool. Short-term vacation rental This villa's pricing and the agricultural-focused rural setting make it unsuitable for a short-term vacation rental strategy. The property is currently overpriced and lacks the appeal needed to attract transient guests seeking higher-quality or more dynamic locations. Luxury market Offering a villa in Palmela priced at €299,000 is not viable in the luxury market, especially as the property is marked at 17.9% above fair value. The low-density and limited economic diversification further detract from its potential appeal to affluent buyers looking for upscale investment opportunities.
Economic vulnerability The economic stability score of 45 indicates a high risk of market fluctuations that could impact rental income and property value negatively.
