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 Palmela parish, Palmela municipality, Setúbal district. This property includes an outdoor annex living room with an Alentejo-style fireplace and wood oven, ideal for entertaining, along with multiple independent barbecues for versatile cooking.
The valuation. The asking price of €650,000 is positioned below fair value by €155,479 or 19.3%, indicating a potentially advantageous purchase. This property can be considered underpriced in the current market.
Fair value modelled at €805,479 from 5 comparable sales in the area. Asking €650,000 sits €155,479 (19.3%) below — the upside to fair value.
Asking €650,000 versus the Palmela, Palmela, Setúbal area baseline of €731,155 (€2,901/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 is below the parish average, reducing fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €731,155, adjusted for condition and micro-location, gives a modelled fair value of €805,479 (€3,196/m²), a €155,479 (19.3%) gap versus the €650,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Palmela · 8ee3a7 | Subject | €650,000 | €2,579 | — | 72 | 44 |
| Palmela · be931d | Active | €520,000 | €2,971 | 15.2% | 70 | 42 |
| Palmela · b7c377 | Active | €700,000 | €3,196 | 23.9% | 70 | 54 |
| Palmela · 49b851 | Active | €750,000 | €5,172 | 100.5% | 70 | 54 |
| estrada da Serralheira | Active | €750,000 | €5,172 | 100.5% | 72 | 48 |
| Median comp | €725,000 | €4,184 | 62.2% | 70 | 51 |
Long-term rental The property in Palmela is subvalorizada at €650,000, offering a substantial gap of 19.3% below its fair value of €805,479, which positions it favorably for stable long-term rental income. With a gross yield of 4.4% and a satisfactory condition rating of 70/100, this investment can attract quality tenants in a low-crime rural environment. Family rental In a rural setting like Palmela, the property is subvalorizada at €650,000 and presents an opportunity with 19.3% upside to its fair value of €805,479, making it appealing for families seeking a tranquil living environment. The property’s gross yield of 4.4% combined with a decent condition score enables it to cater effectively to family rentals, capitalizing on the area’s low crime rate and communal amenities.
Economic Vulnerability With an economic stability score of 35/100, the property could face significant risks due to underlying economic challenges in the area.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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