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 a spacious 60 m² attic perfect for additional storage or recreation, and two large balconies offering excellent outdoor living space. Design Highlights: With contemporary design and high-quality finishes, the layout promotes an abundant flow of natural light throughout the generous areas.
The valuation. The asking price of €470,000 is €19,275 (4.1%) above the fair value of €450,725, indicating that the property is overpriced. This discrepancy suggests a potential challenge for prospective buyers seeking value in their investment.
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 €370,004 (€1,588/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. Full condition report →
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. Full location report →
Pinhal Novo, Palmela, Setúbal
Area baseline €370,004 + 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.
Long-term rental Given the property's listing price of €470,000, which exceeds the fair value of €450,725 by 4.1%, investing in a long-term rental strategy is unadvisable, especially with a gross yield of 0%. The combination of a condition rating of 84/100 and a neighborhood score of 63/100 does not justify the higher investment cost compared to projected rental income. Buy-and-hold With the current valuation at €470,000, this property appears overpriced versus its fair value of €450,725, making a buy-and-hold strategy less attractive. Additionally, the lack of any potential yield and moderate neighborhood ratings hint at limited appreciation prospects over time. Family rental The asking price of €470,000 for this family-minded property is 4.1% above its fair value, indicating it is tagged at a price that does not support a family rental strategy effectively. This potential market segment, coupled with a 0% gross yield, suggests insufficient return on investment for family-oriented tenants who may seek better options in the area.
Economic and Tenant Instability Risk The property is exposed to potential fluctuations in rental income and occupancy rates due to both Economic stability and Tenant stability scores being at a moderate 65/100, indicating vulnerabilities to economic shifts.
