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 153 m², built in 1996, energy rating B. Located on rua José Mestre, Palmela parish, Palmela municipality, Setúbal district. Noteworthy Features: This property boasts an inviting living room enhanced by a traditional fireplace and efficient air conditioning, perfect for comfortable family gatherings year-round.
The valuation. The property is listed at €438,000, which is significantly above its fair value of €65,611, resulting in a discrepancy of €372,389 or 85.0%. This valuation suggests the property is overpriced.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua José Mestre | Subject | €438,000 | €2,863 | — | — | 52 |
| rua Capitão Clemente José Juncal, 47 | Active | €575,000 | €1,910 | 33.3% | 72 | 48 |
| rua das Sete Quintas | Active | €650,000 | €2,579 | 9.9% | 70 | 54 |
| estrada da Serralheira | Active | €750,000 | €5,172 | 80.7% | 72 | 48 |
| Palmela · 49b851 | Active | €750,000 | €5,172 | 80.7% | 70 | 54 |
| Median comp | €700,000 | €3,876 | 35.4% | 71 | 51 |
Long-term rental Given the property's gross yield of 4.7% and the significant gap from fair value at 85.0%, the investment does not appear financially attractive for a long-term rental strategy. The limited tenant diversity in this rural setting further exacerbates the risk of underperformance in rental income. Buy-and-hold The current listing price of €438,000 substantially exceeds the fair value of €65,611, indicating that the buy-and-hold strategy is not advisable in this case. With a neighborhood quality score of 52/100 and an overall property condition rated at 0/100, potential appreciation over time is unlikely. Value-add renovation Investing in renovations on a property priced €438,000 versus a fair value of €65,611 poses a high-risk potential for capital loss, making a value-add renovation approach unsuitable. The property's inadequate condition rating of 0/100 underscores the challenges in justifying such an investment in this low-demand area. Not ideal for: The property is not well-suited for a short-term vacation rental due to the limited market appeal in the agricultural-focused rural setting. Additionally, the luxury market is also an unsuitable target given the overall neighborhood quality and property condition.
Economic Vulnerability The property is at risk due to a low economic stability score of 50/100, indicating potential challenges in maintaining value and attracting consistent rental income.
