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, 2-bathroom apartment of 107 m², built in 1985, energy rating C. Located on rua Padre José Estevens Dias, 125, Pinhal Novo parish, Palmela municipality, Setúbal district. Location Advantage: This apartment features double-glazed windows and electric shutters, enhancing energy efficiency and reducing noise in the vibrant environment of Pinhal Novo.
The valuation. The asking price of €270,000 significantly exceeds the fair value of €186,010, indicating an overpricing of €83,990 (31.1%). This discrepancy suggests caution for potential investors.
Fair value modelled at €186,010 from the area baseline, adjusted for condition and location. Asking €270,000 sits €83,990 (31.1%) above — overpriced versus fair value.
Asking €270,000 versus the rua Padre José Estevens Dias, 125 area baseline of €275,311 (€2,573/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 86/100 (Condition 82 · Materials 88 · Room dimensions 84). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 54/100 (Housing Market 50 · Amenities 50 · Economic 40 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
rua Padre José Estevens Dias, 125
Area baseline €275,311 + condition +€13,375 + location +€2,719 = modelled fair value of €186,010 (€1,738/m²), a €83,990 (31.1%) gap versus the €270,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Padre José Estevens Dias, 125 | Subject | €270,000 | €2,523 | — | 82 | 54 |
| rua Dom Francisco de Almeida, 26 | Active | €324,900 | €2,372 | 6.0% | 85 | 53 |
| avenida Alexandre Herculano, 12 | Active | €290,000 | €2,014 | 20.2% | 75 | 50 |
| Pinhal Novo · 4bc678 | Active | €470,000 | €2,017 | 20.1% | 85 | 63 |
| Pinhal Novo · 6d5354 | Active | €385,000 | €2,319 | 8.1% | 72 | 54 |
| Median comp | €354,950 | €2,168 | 14.1% | 80 | 54 |
Long-term rental Given the property’s current listing price of €270,000, which exceeds the fair value of €186,010 by 31.1%, the projected yield of 3.6% gross is not compelling in a peripheral area with basic amenities. The combination of the elevated price and a neighborhood score of 54/100 suggests that long-term rental demand will likely be limited, making this strategy less favorable. Family rental The property is priced at €270,000, significantly above the fair value estimate of €186,010, resulting in reduced attractiveness for family rentals in a suburban setting. The 54/100 neighborhood rating and a modest yield of 3.6% further indicate that, despite the apartment's good condition, it may not appeal to families seeking affordable rental options in this area.
Economic Vulnerability With an economic stability score of 40/100, the property may face heightened risks during economic downturns, potentially impacting rental income and overall investment viability.
