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, 1-bathroom apartment of 82 m², built in 1979, energy rating E. Located on avenida Capitães de Abril, Pinhal Novo parish, Palmela municipality, Setúbal district. This property boasts exceptional transportation accessibility, with a nearby train station offering direct links to Lisbon and Setúbal, making it perfect for commuters.
The valuation. The asking price of €197,000 is significantly above fair value, indicating a discrepancy of €91,264 (46.3%). The property is deemed overpriced based on its assessed worth of €105,736.
Fair value modelled at €105,736 from the area baseline, adjusted for condition and location. Asking €197,000 sits €91,264 (46.3%) above — overpriced versus fair value.
Asking €197,000 versus the avenida Capitães de Abril area baseline of €210,986 (€2,573/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 56/100 (Condition 60 · Materials 55 · Room dimensions 58). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 49/100 (Housing Market 40 · Amenities 40 · Economic 35 · Tenant Quality 55). Softer demand indicators apply a discount to baseline.
avenida Capitães de Abril
Area baseline €210,986 + condition -€23,959 + location -€521 = modelled fair value of €105,736 (€1,289/m²), a €91,264 (46.3%) gap versus the €197,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Capitães de Abril | Subject | €197,000 | €2,402 | — | 60 | 49 |
| rua dos Lusíadas, 5 | Active | €230,000 | €3,286 | 36.8% | 52 | 57 |
| urbanização Vila S | Active | €406,000 | €1,742 | 27.5% | 70 | 52 |
| rua do Monte Novo, 25 | Active | €250,000 | €2,747 | 14.4% | 70 | 51 |
| Pinhal Novo · f366f4 | Active | €395,000 | €3,657 | 52.2% | — | 49 |
| Median comp | €322,500 | €3,017 | 25.6% | 70 | 52 |
Long-term rental The property’s gross yield of 5.2% indicates a potential for steady rental income; however, the high price relative to the fair market value suggests that it may not generate ultimately favorable returns. With a neighborhood quality score of only 49/100, tenant appeal could be limited, adding further risk to a long-term rental investment. Value-add renovation While the current condition rating of 56/100 presents an opportunity for improvements, the steep pricing makes it difficult to justify renovation expenditures relative to overall value. The property’s hefty markup means that even with extensive upgrades, achieving significant value appreciation may be challenging in the modestly rated neighborhood economy.
High Economic Risk The economic stability score of 35/100 indicates a significantly unstable environment that may negatively impact rental income.
