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 130 m², energy rating A. Located Palmela parish, Palmela municipality, Setúbal district. This property features a recessed pool area on the terrace, complemented by an additional bathroom for poolside convenience, enhancing leisure and functionality in outdoor spaces.
The valuation. The asking price of €610,000 is significantly above the fair value of €487,078, resulting in an overpricing of €122,922 (25.2%). This may deter potential investors looking for reasonable returns.
Fair value modelled at €487,078 from 6 comparable sales in the area. Asking €610,000 sits €122,922 (25.2%) above — overpriced versus fair value.
Asking €610,000 versus the Palmela, Palmela, Setúbal area baseline of €461,713 (€3,552/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 57/100 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 €461,713, adjusted for condition and micro-location, gives a modelled fair value of €487,078 (€3,747/m²), a €122,922 (25.2%) gap versus the €610,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Palmela · 51cf68 | Subject | €610,000 | €4,692 | — | 45 | 43 |
| rua do Medronheiro | Active | €735,000 | €4,298 | 8.4% | 75 | 44 |
| Palmela · 1f3662 | Active | €540,000 | €3,195 | 31.9% | 75 | 43 |
| estrada Vale de Mulatas | Active | €735,000 | €4,298 | 8.4% | 78 | 50 |
| rua Capitão Clemente José Juncal, 47 | Active | €575,000 | €1,910 | 59.3% | 72 | 48 |
| Median comp | €655,000 | €3,747 | 20.2% | 75 | 46 |
Long-term rental The property in Palmela, with a gross yield of 2.7%, is not well-positioned for long-term rental investment due to its 25.2% gap above fair value at €610,000. Additionally, the low condition rating of 57/100 and the neighbourhood score of 43/100 indicate a challenging environment for attracting quality tenants. Buy-and-hold Investing in this property as a buy-and-hold strategy is inadvisable given that it is overpriced relative to its fair value, sitting at €610,000 compared to €487,078. The combination of limited amenities, a low overall condition rating, and an unappealing neighbourhood diminishes its potential for long-term value appreciation.
High Vacancy Risk With an economic stability score of 35/100 and tenant stability at 50/100, there is a heightened risk of prolonged vacancies due to potential economic downturns, negatively impacting rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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