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, 4-bathroom house of 302 m², built in 1984, energy rating D. Located on rua Central da Quinta da Asseca S / N, Palmela parish, Palmela municipality, Setúbal district. Noteworthy Features: This villa's independent social lounge is designed for entertaining, featuring a fireplace, bar, and kitchen area, ensuring privacy during gatherings away from main living spaces.
The valuation. The asking price of €585,000 is below the fair value of €658,333, indicating that the property is subvalued by €73,333 (11.1%). This can be an attractive opportunity for potential investors.
Fair value modelled at €658,333 from 6 comparable sales in the area. Asking €585,000 sits €73,333 (11.1%) below — the upside to fair value.
Asking €585,000 versus the rua Central da Quinta da Asseca S / N area baseline of €492,945 (€1,632/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 is above the parish average, lifting 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 €492,945, adjusted for condition and micro-location, gives a modelled fair value of €658,333 (€2,180/m²), a €73,333 (11.1%) gap versus the €585,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Central da Quinta da Asseca S / N | Subject | €585,000 | €1,937 | — | 74 | 49 |
| Palmela · 62724d | Active | €495,000 | €2,210 | 14.1% | 74 | 39 |
| Palmela · 6c7784 | Active | €479,000 | €1,916 | 1.1% | 72 | 49 |
| Palmela · 2fccba | Active | €430,000 | €2,150 | 11.0% | 68 | 47 |
| Palmela · 6c7ab0 | Active | €570,000 | €2,375 | 22.6% | 75 | 48 |
| Median comp | €487,000 | €2,180 | 12.5% | 73 | 48 |
Long-term rental The property at €585,000 presents an attractive opportunity for long-term rental, especially given its underpriced status relative to the fair value of €658,333. With a gross yield of 3.6%, it promises a sustainable return in a non-urban area that may continue to attract stable tenants seeking affordable housing. Buy-and-hold As a buy-and-hold investment, this property offers the prospect of capital appreciation given its fair value gap of 11.1%, making it a sound addition to a real estate portfolio. The condition score of 76/100 suggests it is in good shape, allowing for minimal immediate maintenance while benefiting from potential neighborhood improvements over time. Value-add renovation A value-add renovation approach could further enhance the property's appeal, leveraging its solid condition rating of 76/100 to upgrade features and increase rent potential. With the property being underpriced, strategic renovations could close the gap toward its fair value, creating significant value upside while improving tenant quality in the area.
Economic Vulnerability The low economic stability score of 35/100 indicates a higher risk of downturns that could negatively impact rental income and property values.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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