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.
6-bedroom, 1-bathroom house of 228 m², built in 1984, energy rating E. Located on avenida Alberto Valente, 69, Palmela parish, Palmela municipality, Setúbal district. Noteworthy Features: This property includes a spacious garage for 3 vehicles and an independent annex, offering versatile usage options for guests or rental income. Location Advantages: Proximity to the A2 enables quick access to Lisbon and nearby beaches.
The valuation. The asking price of €550,000 is above the fair value of €489,174, indicating an overvaluation by €60,826, which represents a 12.4% premium. This suggests that the property is overpriced for potential investors.
Fair value modelled at €489,174 from 6 comparable sales in the area. Asking €550,000 sits €60,826 (12.4%) above — overpriced versus fair value.
Asking €550,000 versus the avenida Alberto Valente, 69 area baseline of €446,822 (€1,960/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 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 €446,822, adjusted for condition and micro-location, gives a modelled fair value of €489,174 (€2,146/m²), a €60,826 (12.4%) gap versus the €550,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Alberto Valente, 69 | Subject | €550,000 | €2,412 | — | 65 | 49 |
| Palmela · 1e6056 | Active | €599,000 | €1,692 | 29.9% | — | 56 |
| Palmela · 6d534a | Active | €470,000 | €2,487 | 3.1% | 70 | 57 |
| Palmela · 6c7ab0 | Active | €570,000 | €2,375 | 1.5% | 75 | 48 |
| estrada da Serralheira | Active | €750,000 | €5,172 | 114.4% | 72 | 48 |
| Median comp | €584,500 | €2,431 | 0.8% | 72 | 52 |
Long-term rental The property in Palmela is overpriced by 12.4% compared to its fair value, limiting the potential for long-term rental income growth. With a gross yield of only 4.1% and a condition rating of 65/100, the financial appeal for long-term renters is diminished by the high asking price. Family rental Given the current valuation of €550,000, the property appears overpriced and does not align with typical family rental trends in the area. The neighbourhood's low rating of 49/100 alongside the property's condition further suggests that it may not attract families seeking quality accommodation.
Economic Volatility Risk The property faces a significant risk due to its low economic stability score of 50/100, suggesting potential fluctuations in market conditions that could impact rental income.
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