How much does it cost to buy a apartment in Palmela?

The median asking price for apartments in Palmela is 2.788 €/m². Measured across 391 on-market listings.

Median price per m²
2.788 €/m²
Middle half: 2.448 to 3.412
Typical asking price
355.000 €
120 m²
Listings measured
391

How prices are spread

Hover a bar to see how many listings sit in that price range.
1.5152.7885.200
Below the medianAbove the medianMiddle half: 2.448 to 3.412
Distribution of asking prices per square metre across 391 listings, from 1.515 to 5.200 €/m², with a median of 2.788.

The apartment market in Palmela

Apartments in Palmela are currently asking a median of 2.788 €/m². Half of them are listed between 2.448 €/m² and 3.412 €/m². A typical listing asks 355.000 € for 120 m².

Put in context, that is 23% below the Setúbal district median and 29% below the national median for apartments.

Palmela is not one market. Across its 3 measurable parishes, the most expensive is Palmela at 3.120 €/m² and the cheapest is Pinhal Novo at 2.658 €/m². Picking the right parish matters more here than timing the market.

Price by typology

TypologyMedian price (€)€/m²
T1259.0003.897
T2290.0003.106
T3385.0002.683
T4395.0002.362

Smaller homes cost more per m². A T1 above a T3 on €/m² is normal, so compare the price column when you are choosing a size, and the €/m² column when you are comparing areas.

Price by parish

Area€/m²Listings
Palmela3.12095
Quinta do Anjo3.11165
Pinhal Novo2.658224

Gross rental yield

5.6%

Median rent of 13 €/m² per month against a median sale price of 2.788 €/m².

Gross: before costs, taxes and vacancy.

101 properties in Palmela are listed below their comparables

That is how many on-market listings here are asking less per m² than the nearest similar properties. Tell us what you are looking for and we will show you which ones, and alert you the moment a new one appears.

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What you can build here
PDM Palmela

Zoning, urban vs rural land and the municipal master plan for this council.

Frequently asked questions

What is the price per m² for apartments in Palmela?
The median asking price is 2.788 €/m², across 391 on-market listings. Half of all listings fall between 2.448 €/m² and 3.412 €/m².
How much does a apartment cost in Palmela?
The median asking price is 355.000 € for a typical 120 m². This is what sellers are asking today, not what buyers finally paid.
How much does a T2 or T3 cost in Palmela?
Median asking price by typology: T1: 259.000 €, T2: 290.000 €, T3: 385.000 €, T4: 395.000 €. Smaller homes cost more per m², so use these prices to compare sizes and the price per m² to compare areas.
What is the rental yield in Palmela?
The gross yield for apartments in Palmela is about 5.6%. That is a median rent of 13 €/m² per month against a median sale price of 2.788 €/m². Gross means before costs, taxes and vacancy.

Other property types here

Asking prices across every major Portuguese property portal, each property counted once. Updated daily.