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, 4-bathroom house of 351 m², built in 1994, energy rating C. Located on rua de Setubal S / N, Palmela parish, Palmela municipality, Setúbal district. Investment Opportunity: This property includes a guaranteed rental contract for 10 years with a robust 7% yield annually, ensuring stable income for investors. Strategic Access: Proximity to major highways and Palmela train station facilitates easy commuting to Lisbon.
The valuation. The asking price of €990,000 is significantly above the fair value of €496,655, representing an overpricing of €493,345 (49.8%). This property is not a viable investment at the current asking price.
Fair value modelled at €496,655 from the area baseline, adjusted for condition and location. Asking €990,000 sits €493,345 (49.8%) above — overpriced versus fair value.
Asking €990,000 versus the rua de Setubal S / N area baseline of €799,929 (€2,279/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 62/100 (Condition 62 · Materials 65 · Room dimensions 60). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 54/100 (Housing Market 50 · Amenities 50 · Economic 45 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
rua de Setubal S / N
Area baseline €799,929 + condition -€69,652 + location +€8,918 = modelled fair value of €496,655 (€1,415/m²), a €493,345 (49.8%) gap versus the €990,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua de Setubal S / N | Subject | €990,000 | €2,821 | — | 62 | 54 |
| Palmela · cfe07a | Active | €995,000 | €3,373 | 19.6% | 72 | 45 |
| estrada do Vale dos Barris | Active | €2,200,000 | €15,714 | 457.1% | 62 | 42 |
| Palmela · 25f681 | Active | €550,000 | €4,583 | 62.5% | 80 | 45 |
| Palmela · 6d5545 | Active | €850,000 | €3,744 | 32.8% | — | 56 |
| Median comp | €922,500 | €4,164 | 47.6% | 72 | 45 |
Long-term rental The 3-bed house in Palmela, priced at €990,000, is significantly above its fair value of €496,655, indicating it is overpriced by 49.8%. With a gross yield of only 2.1% and a neighborhood score of 54/100, the investment potential for long-term rental is not favorable. Buy-and-hold Given the house’s current valuation at €990,000 versus a fair value of €496,655, it is overvalued by 49.8%, making it a poor buy-and-hold option. The property’s condition rating of 62/100 further diminishes its attractiveness for long-term appreciation in a rural area with limited economic activity. Not ideal for: Short-term vacation rental, Student housing
Economic Viability Risk The economic stability score of 45/100 indicates a potentially unstable market, which may impact rental income and property value.
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