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 duplex of 233 m², built in 2008. Located Pinhal Novo parish, Palmela municipality, Setúbal district. Noteworthy Features: This duplex includes spacious balconies ideal for entertaining, and a large attic that provides versatile additional living space or storage options, enhancing its overall appeal.
The valuation. The asking price of €470,000 sits €51,631 or 11.0% above the fair value of €418,369. This property is overpriced based on current market assessments.
Fair value modelled at €418,369 from the area baseline, adjusted for condition and location. Asking €470,000 sits €51,631 (11.0%) above — overpriced versus fair value.
Asking €470,000 versus the Pinhal Novo, Palmela, Setúbal area baseline of €569,685 (€2,445/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 84/100 (Condition 85 · Materials 86 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 63/100 (Housing Market 60 · Amenities 60 · Economic 65 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Pinhal Novo, Palmela, Setúbal
Area baseline €569,685 + condition +€29,125 + location +€19,240 = modelled fair value of €418,369 (€1,796/m²), a €51,631 (11.0%) gap versus the €470,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Pinhal Novo · 4bc678 | Subject | €470,000 | €2,017 | — | 85 | 63 |
| Pinhal Novo · 90d846 | Active | €410,000 | €1,847 | 8.4% | 70 | 50 |
| avenida Alexandre Herculano, 12 | Active | €290,000 | €2,014 | 0.2% | 75 | 50 |
| rua Dom Francisco de Almeida, 26 | Active | €324,900 | €2,372 | 17.6% | 85 | 53 |
| rua Padre José Estevens Dias, 125 | Active | €270,000 | €2,523 | 25.1% | 82 | 54 |
| Median comp | €307,450 | €2,193 | 8.7% | 79 | 52 |
Long-term rental The property in Pinhal Novo, listed at €470,000, shows a gap of 11.0% from its fair value of €418,369, indicating it is overpriced. With a gross yield of 0%, this makes it a less attractive option for long-term rental investments. Buy-and-hold Despite the property's condition rating of 84/100, its listing price significantly exceeds fair value, positioning it as overpriced at €470,000 against an estimated value of €418,369. This scenario diminishes potential appreciation benefits typically sought in buy-and-hold strategies. Family rental Given the high listing price of €470,000 compared to the fair value of €418,369, the property is considered overpriced, which may limit its appeal in the family rental market. Its neighborhood rating of 63/100 suggests some challenges in tenant quality, further constraining its rental attractiveness for families.
Economic Sensitivity Risk: With both the economic stability and tenant stability scores at 65/100, the property may be vulnerable to market fluctuations, potentially leading to increased vacancy rates or rent reductions if the economy contracts.
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