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, 3-bathroom house of 295 m², energy rating C. Located Palmela parish, Palmela municipality, Setúbal district. Unique Feature: This property features a remarkable indoor pool, offering year-round enjoyment and a private retreat within the expansive garden and recreational area on a 9,350 m² plot.
The valuation. The asking price of €995,000 sits €527,612 or 53.0% above the fair value of €467,388. This valuation indicates the property is overpriced and not a viable investment opportunity based on intrinsic worth.
Fair value modelled at €467,388 from the area baseline, adjusted for condition and location. Asking €995,000 sits €527,612 (53.0%) above — overpriced versus fair value.
Asking €995,000 versus the Palmela, Palmela, Setúbal area baseline of €468,460 (€1,588/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 72 · Materials 80 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 45/100 (Housing Market 40 · Amenities 45 · Economic 35 · Tenant Quality 60). Softer demand indicators apply a discount to baseline.
Palmela, Palmela, Setúbal
Area baseline €468,460 + condition +€8,297 + location -€9,369 = modelled fair value of €467,388 (€1,584/m²), a €527,612 (53.0%) gap versus the €995,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Palmela · cfe07a | Subject | €995,000 | €3,373 | — | 72 | 45 |
| estrada do Vale dos Barris | Active | €2,200,000 | €15,714 | 365.9% | 62 | 42 |
| rua Fernando Namora, 9 | Active | €1,200,000 | €6,417 | 90.3% | 80 | 48 |
| Palmela · 25f681 | Active | €550,000 | €4,583 | 35.9% | 80 | 45 |
| Palmela · 6d5545 | Active | €850,000 | €3,744 | 11.0% | — | 56 |
| Median comp | €1,025,000 | €5,500 | 63.1% | 80 | 47 |
Long-term rental Given that the property in Palmela is overpriced by 53.0% compared to its fair value, investing in long-term rental may not yield sufficient returns, with a gross yield of only 2.5%. The combination of a subpar neighborhood rating of 45/100 and the limited economic activity of the rural Alentejo region further reinforces the risks of long-term rental performance. Family rental Although the property could theoretically serve as a family rental, its current market price does not justify the investment, especially with a significant gap from the fair value. Additionally, the rural location limits potential family market appeal due to a lack of amenities and activities, making this strategy less viable.
Economic Instability Risk The property is at risk due to a low economic stability score of 35/100, indicating potential challenges in sustaining tenant demand and rental income.