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 125 m², energy rating D. Located on rua Manuel Verissimo da Silva, 5, Pinhal Novo parish, Palmela municipality, Setúbal district. Noteworthy Features: This apartment includes a 17 m² storage area, enhancing practicality and convenience for residents, alongside an electric car charging station at the building entrance for modern living. Características Notáveis: Este apartamento inclui uma área de armazenamento de 17 m², aumentando a praticidade e conveniência para os residentes, juntamente com uma estação de carregamento para carros elétricos na entrada do edifício para uma vida moderna.
The valuation. The asking price of €340,000 is significantly above the fair value of €199,048, indicating an overvaluation of €140,952, or 41.5%. This property is not priced competitively in the current market conditions.
Fair value modelled at €199,048 from the area baseline, adjusted for condition and location. Asking €340,000 sits €140,952 (41.5%) above — overpriced versus fair value.
Asking €340,000 versus the rua Manuel Verissimo da Silva, 5 area baseline of €321,625 (€2,573/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 73 · Materials 78 · Room dimensions 79). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 47/100 (Housing Market 40 · Amenities 55 · Economic 45 · Tenant Quality 50). Softer demand indicators apply a discount to baseline.
rua Manuel Verissimo da Silva, 5
Area baseline €321,625 + condition +€2,930 + location -€2,382 = modelled fair value of €199,048 (€1,592/m²), a €140,952 (41.5%) gap versus the €340,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Manuel Verissimo da Silva, 5 | Subject | €340,000 | €2,720 | — | 73 | 47 |
| Pinhal Novo · 0dcc2e | Active | €315,000 | €2,864 | 5.3% | 75 | 54 |
| rua Salgueiro Maia, 1 | Active | €330,000 | €3,000 | 10.3% | 70 | 51 |
| rua dos Combatentes da Grande Guerra S / N | Active | €295,000 | €3,172 | 16.6% | 74 | 49 |
| Pinhal Novo · 1e6356 | Active | €295,000 | €3,172 | 16.6% | 75 | 45 |
| Median comp | €305,000 | €3,086 | 13.5% | 75 | 50 |
Long-term rental The property’s high asking price of €340,000, significantly above the fair value of €199,048, highlights that it is overpriced, diminishing its attractiveness for long-term rental. Additionally, with a gross yield of only 3.2% and a neighbourhood rating of 47/100, the potential return on investment appears unsatisfactory for sustained rental income. Buy-and-hold Investing in this property for a buy-and-hold strategy is not advisable, as the significant 41.5% gap from fair value suggests a substantial overpricing risk. Moreover, the industrial suburb context and amenities rating reflect lower tenant demand, questioning future property appreciation potential in this market. Not ideal for: Luxury market, Short-term rental
Economic and Tenant Uncertainty The property faces economic instability with a score of 45/100 and tenant instability at 50/100, indicating potential challenges in maintaining reliable rental income and occupancy rates.
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