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

The median asking price for apartments in Palmela is 2.922 €/m². Measured across 376 on-market listings.

Median price per m²
2.922 €/m²
Middle half: 2.570 to 3.436
Typical asking price
332.500 €
112 m²
Listings measured
376

How prices are spread

Hover a bar to see how many listings sit in that price range.
1.5982.9225.404
Below the medianAbove the medianMiddle half: 2.570 to 3.436
Distribution of asking prices per square metre across 376 listings, from 1.598 to 5.404 €/m², with a median of 2.922.

The apartment market in Palmela

Apartments in Palmela are currently asking a median of 2.922 €/m². Half of them are listed between 2.570 €/m² and 3.436 €/m². A typical listing asks 332.500 € for 112 m².

Put in context, that is 20% below the Setúbal district median and 26% below the national median for apartments.

Palmela is not one market. Across its 3 measurable parishes, the most expensive is Quinta do Anjo at 3.187 €/m² and the cheapest is Pinhal Novo at 2.874 €/m². Picking the right parish matters more here than timing the market.

Price by typology

TypologyMedian price (€)€/m²
T1265.0003.982
T2281.5003.213
T3360.0002.778
T4405.0002.561

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
Quinta do Anjo3.18762
Palmela2.96182
Pinhal Novo2.874229

Gross rental yield

6.2%

Median rent of 15 €/m² per month against a median sale price of 2.922 €/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 2.922 €/m², across 376 on-market listings. Half of all listings fall between 2.570 €/m² and 3.436 €/m².
How much does a apartment cost in Palmela?
The median asking price is 332.500 € for a typical 112 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: 265.000 €, T2: 281.500 €, T3: 360.000 €, T4: 405.000 €. 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 6.2%. That is a median rent of 15 €/m² per month against a median sale price of 2.922 €/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.