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 137 m², energy rating C. Located on rua Dom Francisco de Almeida, 26, Pinhal Novo parish, Palmela municipality, Setúbal district. Noteworthy Features: The apartment includes a suite with a private balcony and has an individual storage space on the top floor totaling 28m², enhancing its practicality.
The valuation. The asking price of €324,900 is €87,608 (27.0%) above the fair value of €237,292, indicating that the property is overpriced. Buy-to-flip angle. A potential resale strategy could involve renovations to enhance appeal, targeting a sale at a premium after a few months. Buy-to-let angle. The property offers a gross yield of 4.2%, with estimated rental income of €1,137 per month, making it a viable option for long-term family rentals.
Fair value modelled at €237,292 from the area baseline, adjusted for condition and location. Asking €324,900 sits €87,608 (27.0%) above — overpriced versus fair value.
Asking €324,900 versus the rua Dom Francisco de Almeida, 26 area baseline of €334,965 (€2,445/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 86/100 (Condition 85 · Materials 88 · Room dimensions 82). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 53/100 (Housing Market 50 · Amenities 55 · Economic 45 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
rua Dom Francisco de Almeida, 26
Area baseline €334,965 + condition +€17,125 + location +€2,611 = modelled fair value of €237,292 (€1,732/m²), a €87,608 (27.0%) gap versus the €324,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Dom Francisco de Almeida, 26 | Subject | €324,900 | €2,372 | — | 85 | 53 |
| rua Padre José Estevens Dias, 125 | Active | €270,000 | €2,523 | 6.4% | 82 | 54 |
| avenida Alexandre Herculano, 12 | Active | €290,000 | €2,014 | 15.1% | 75 | 50 |
| Pinhal Novo · 4bc678 | Active | €470,000 | €2,017 | 14.9% | 85 | 63 |
| rua 25 de Abril | Active | €385,000 | €1,598 | 32.6% | 70 | 51 |
| Median comp | €337,500 | €2,016 | 15.0% | 79 | 53 |
Long-term rental The property is currently overpriced at €324,900, exceeding the fair value estimate of €237,292 by 27%. This inflated price diminishes the attractiveness of long-term rental opportunities, with a gross yield of only 4.2% in a semi-rural area that lacks robust amenities. Buy-and-hold Investing in this property for a buy-and-hold strategy is not advisable given its current pricing, which is 27% above fair value. The property’s 4.2% yield does not compensate for the high initial investment in an area with limited growth prospects and lower neighborhood ratings. Family rental With the property being listed at 27% over fair value, it is less suitable for a family rental strategy that typically requires competitive pricing to attract long-term tenants. The modest yield of 4.2% and lower neighborhood score indicate challenges in attracting families looking for quality living conditions in the region.
Low Economic Stability With an economic stability score of 45/100, there is a considerable risk that local economic conditions may lead to decreased property values and increased tenant turnover.
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