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 233 m². Located on urbanização Vila S, Pinhal Novo parish, Palmela municipality, Setúbal district. Noteworthy Features: This apartment features a generous balcony perfect for outdoor relaxation and is situated within a well-regarded neighborhood that ensures convenient access to essential amenities. Valuation Verdict: Fair.
The valuation. The asking price of €406,000 is €54,880 (13.5%) above the fair value of €351,120, rendering the property overpriced. This discrepancy must be addressed before considering a purchase. Buy-to-flip angle. Given the fair value assessment, a buy-to-flip strategy could involve renovations to enhance value, targeting a resale beyond the current asking price after upgrades. Buy-to-let angle. With an estimated gross yield of 4.3% and potential rental income of roughly €1,455/month, this apartment offers a suitable option for long-term rental opportunities in a safe suburban area.
Fair value modelled at €351,120 from the area baseline, adjusted for condition and location. Asking €406,000 sits €54,880 (13.5%) above — overpriced versus fair value.
Asking €406,000 versus the urbanização Vila S area baseline of €370,004 (€1,588/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 69/100 (Condition 70 · Materials 68 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 52/100 (Housing Market 50 · Amenities 55 · Economic 45 · Tenant Quality 55). Strong amenities and housing-market momentum support a premium to baseline.
urbanização Vila S
Area baseline €370,004 + condition -€21,844 + location +€2,960 = modelled fair value of €351,120 (€1,507/m²), a €54,880 (13.5%) gap versus the €406,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| urbanização Vila S | Subject | €406,000 | €1,742 | — | 70 | 52 |
| avenida Natália Correia, 198 | Active | €406,000 | €1,742 | 0% | 62 | 52 |
| rua 25 de Abril | Active | €385,000 | €1,598 | 8.3% | 70 | 51 |
| rua São Francisco Xavier | Active | €279,000 | €2,268 | 30.2% | 60 | 56 |
| avenida Alexandre Herculano, 12 | Active | €290,000 | €2,014 | 15.6% | 75 | 50 |
| Median comp | €337,500 | €1,878 | 7.8% | 66 | 52 |
Long-term rental Given the property’s gross yield of 4.3% and its fair value being 13.5% lower than the listing price, it is clear that investing here is unlikely to generate satisfactory returns. The neighborhood's low economic activity and limited amenities further complicate tenant attraction in the long run. Buy-and-hold Acquiring this property for a buy-and-hold strategy is not advisable, as the asking price exceeds fair value by 13.5%, diminishing potential equity growth. The property’s average condition and the neighborhood’s low rating of 52/100 indicate potential difficulty in realizing long-term capital appreciation. Family rental While the apartment could appeal to families seeking a suburban lifestyle, the 13.5% gap from fair value suggests that it may not provide a favorable investment opportunity. Additionally, the neighborhood's limited economic activity could hinder tenant retention and long-term rental stability for families. Not ideal for Student housing, luxury market, short-term vacation rental
Economic downturn risk The property is at risk due to a low economic stability score of 45/100, indicating potential vulnerabilities in the local economy that could affect rent and property value.
