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 252 m², built in 1997, energy rating C. Located on rua das Sete Quintas, Palmela parish, Palmela municipality, Setúbal district. Noteworthy Features: The property includes a spacious 40 m² annex with an Alentejo fireplace and wood oven, ideal for social gatherings, alongside extensive fruit trees enhancing outdoor enjoyment.
The valuation. The asking price of €650,000 is significantly above its fair value of €397,916, with a difference of €252,084 (38.8%). This property is considered overpriced based on the current market analysis.
Fair value modelled at €397,916 from the area baseline, adjusted for condition and location. Asking €650,000 sits €252,084 (38.8%) above — overpriced versus fair value.
Asking €650,000 versus the rua das Sete Quintas area baseline of €400,176 (€1,588/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 (Condition 70 · Materials 75 · Room dimensions 74). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 54/100 (Housing Market 40 · Amenities 35 · Economic 35 · Tenant Quality 35). Strong amenities and housing-market momentum support a premium to baseline.
rua das Sete Quintas
Area baseline €400,176 + condition -€8,663 + location +€6,403 = modelled fair value of €397,916 (€1,579/m²), a €252,084 (38.8%) gap versus the €650,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua das Sete Quintas | Subject | €650,000 | €2,579 | — | 70 | 54 |
| Palmela · 6d534a | Active | €470,000 | €2,487 | 3.6% | 70 | 57 |
| Palmela · 49b851 | Active | €750,000 | €5,172 | 100.5% | 70 | 54 |
| Palmela · 25f681 | Active | €550,000 | €4,583 | 77.7% | 80 | 45 |
| estrada da Serralheira | Active | €750,000 | €5,172 | 100.5% | 72 | 48 |
| Median comp | €650,000 | €4,878 | 89.1% | 71 | 51 |
Long-term rental The property is overpriced at €650,000 compared to a fair value of €397,916, suggesting that long-term rental yields may not provide adequate returns given the gross yield of only 2.5%. Furthermore, with a neighborhood score of 54/100, potential tenants may be deterred by limited amenities and lower tenant quality in this rural area. Buy-and-hold Investing in this property for a buy-and-hold strategy is questionable as it is currently priced 38.8% above its fair value, indicating that substantial appreciation would be required to justify the investment. Additionally, given its relatively low condition score of 73/100, ongoing maintenance costs could further erode long-term profitability in a market lacking robust economic growth.
High tenant turnover risk With both economic and tenant stability scores at 35/100, the property may experience frequent vacancies and increased costs associated with tenant turnover.