1 new residential projects in Palmela

Housing price trends in Palmela

According to Idealista, the average asking price for housing in Palmela in July 2026 is 2 850 €/m². The figure covers the whole housing market, including resale homes.

Over the past 12 months, the price per square metre has increased by 16,8%; over five years, it has increased by 90,5%. The average annual rate over this period is 13,8%.

Housing in Palmela is currently 17,3% lower on average than in the district of Setúbal, where the price is 3 446 €/m².

Compared with the region of Centro (PT), the difference is 61,6%: housing here is higher.

If the average rate of the past five years continues, the estimated price per square metre in Palmela will be about 3 242 €/m² in one year and 3 688 €/m² in two years. That corresponds to changes of 13,8% and 29,4% from the current level.