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, 3-bathroom house of 200 m², built in 1997, energy rating C. Located Palmela parish, Palmela municipality, Setúbal district. This property features a unique workshop area in the garage, perfect for DIY enthusiasts, and a spacious garden ideal for adding a pool.
The valuation. The asking price of €430,000 is below its fair value of €495,437, providing a discount of €65,437 (13.2%). This positions the property as an attractive acquisition in the market.
Fair value modelled at €495,437 from 6 comparable sales in the area. Asking €430,000 sits €65,437 (13.2%) below — the upside to fair value.
Asking €430,000 versus the Palmela, Palmela, Setúbal area baseline of €431,488 (€2,157/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 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 €431,488, adjusted for condition and micro-location, gives a modelled fair value of €495,437 (€2,477/m²), a €65,437 (13.2%) gap versus the €430,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Palmela · 2fccba | Subject | €430,000 | €2,150 | — | 68 | 47 |
| Palmela · 62724d | Active | €495,000 | €2,210 | 2.8% | 74 | 39 |
| rua das Sete Quintas | Active | €650,000 | €2,579 | 20.0% | 70 | 54 |
| Palmela · 6c7784 | Active | €479,000 | €1,916 | 10.9% | 72 | 49 |
| rua União das Freguesias de Setúbal | Active | €242,500 | €2,636 | 22.6% | 54 | 55 |
| Median comp | €487,000 | €2,395 | 11.4% | 71 | 52 |
Long-term rental The property in Palmela has a gross yield of 5.1%, which presents a favorable opportunity for long-term rental investments. Additionally, its pricing at €430,000 is 13.2% below the fair value of €495,437, indicating it's an attractive option for generating steady cash flow. Buy-and-hold With a fair value of €495,437, the 3-bed house represents a substantial opportunity for appreciation over time despite its current valuation of €430,000. Given its condition score of 66/100, maintaining and leasing the property can further enhance its value, making it a strategic choice for a buy-and-hold approach.
Weak Economic Environment With an economic stability score of 35/100, the property is at risk of declining value and potential tenant turnover due to unfavorable economic conditions.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
