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.
2-bedroom, 1-bathroom house of 61 m², built in 1997, energy rating C. Located Palmela parish, Palmela municipality, Setúbal district. Noteworthy features: The attic space showcases exposed beams and skylights, enhancing the character of this stylish renovated home, while the covered outdoor area is ideal for barbecues or laundry. Additional context: This property is located about 750 meters from the Palmela train station, offering convenient transportation options and a quiet residential vibe. Valuation verdict: ao preço justo
The valuation. The asking price of €310,000 is significantly above the fair value of €188,117, reflecting an overpriced property by €121,883, or 64.8%. This discrepancy suggests that potential buyers may face a substantial overpayment risk.
Fair value modelled at €188,117 from 6 comparable sales in the area. Asking €310,000 sits €121,883 (64.8%) above — overpriced versus fair value.
Asking €310,000 versus the Palmela, Palmela, Setúbal area baseline of €149,469 (€2,450/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 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 €149,469, adjusted for condition and micro-location, gives a modelled fair value of €188,117 (€3,084/m²), a €121,883 (64.8%) gap versus the €310,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Palmela · 2ce2fa | Subject | €310,000 | €5,082 | — | 85 | 51 |
| rua das Amoreiras | Active | €385,000 | €7,700 | 51.5% | 80 | 57 |
| Palmela · b7c377 | Active | €700,000 | €3,196 | 37.1% | 70 | 54 |
| Palmela · 8ee3a7 | Active | €650,000 | €2,579 | 49.2% | 72 | 44 |
| Palmela · ee894f | Active | €390,000 | €2,617 | 48.5% | 72 | 58 |
| Median comp | €520,000 | €2,907 | 42.8% | 72 | 56 |
Long-term rental Given the significant gap of 64.8% between the listing price of €310,000 and the fair value of €188,117, this property is overpriced for long-term rental investment. At a gross yield of just 2.5%, potential returns do not justify the elevated cost, making this an unattractive option for stable rental income. Buy-and-hold With a fair value substantially lower than the current listing, the property at €310,000 presents a poor buy-and-hold investment as it is overpriced. The moderate condition rating of 81/100 may suggest decent livability, but the pricing negates any long-term appreciation potential. Value-add renovation While renovations can increase property value, investing in this overpriced property at €310,000 with a fair value of €188,117 presents too much financial risk. The neighbourhood’s low score of 51/100 further complicates the potential for a rewarding value-add strategy in the current market conditions.
Economic and Tenant Instability Risk Economic and tenant stability scores of 50/100 indicate a significant potential for fluctuations in rental income and occupancy rates, posing a risk to consistent cash flow.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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