Setúbal Apartments with Pools Command 87% Price Premium, Reveals Market Data
A new statistical analysis of the Portuguese real estate market has revealed a significant price disparity for properties with swimming pools in the district of Setúbal. According to market research data published by the property portal Idealista, apartments in the region that include this amenity are priced, on average, 87% higher than those without. This finding highlights a strong market preference and willingness to pay a substantial premium for lifestyle features.
The source of the data is a comprehensive study of property listings across Portugal, with the methodology focusing on comparing the average prices of apartments with and without pools in various districts. The analysis indicates that while demand for this feature is high in Setúbal, supply is notably scarce. Only 10% of the apartment listings in the district currently offer a swimming pool, a factor that contributes significantly to the elevated price point.
The specific numerical findings place Setúbal as the second-highest district in the country for this price premium, exceeded only by Coimbra, where the price difference is over 120%. The data provides a clear quantitative measure of the value added by this specific amenity in the region's property market. This contrasts with other major urban centers, where the premium is less pronounced. In Lisbon, the price difference is 59%, and in Porto, it is 42%.
A geographic breakdown shows that the availability of apartments with pools varies widely across Portugal. The Setúbal district's 10% supply is considerably lower than that of prime tourist destinations. Funchal, the capital of Madeira, leads the nation with 44% of its apartment stock featuring pools, followed closely by Faro in the Algarve at 38%. The capital city of Lisbon has a slightly higher supply than Setúbal, at 11%.
The time period for the data collection was not specified, but the report reflects current market conditions. An industry expert commented on the trend, stating, 'The data for Setúbal reflects a market in transition. It is rapidly gaining popularity, and the housing stock has not yet caught up to the demand for higher-end lifestyle properties. This scarcity creates a significant value proposition for properties that do offer premium amenities like pools.' This suggests a strong potential for capital growth for such properties.
The analysis did not break down the market by segments such as luxury or mid-range, but the 87% premium suggests that pools are firmly a feature of the upper end of the market in Setúbal. There was no mention of a government or regulatory response to the data, as it reflects market dynamics rather than a policy issue.
Historically, Setúbal has been viewed as a more industrial and local market compared to the high-end markets of Lisbon and Cascais. However, these new figures provide a clear indication of its growing appeal to a wealthier demographic, including investors and lifestyle buyers. The report did not specify a timeline for future data collection, but market watchers will be keen to see if this trend continues as more new developments come online in the region.
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