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.
2-bedroom, 1-bathroom apartment of 72 m², built in 1985, energy rating D. Located on rua Dom Sancho I S / N, Pinhal Novo parish, Palmela municipality, Setúbal district. Property features: This apartment features high-quality finishes including floating flooring and double-glazed windows, enhancing both acoustic insulation and modern aesthetic appeal throughout the living spaces.
The valuation. The asking price of €259,000 sits €137,689 above the fair value of €121,311, reflecting a 53.2% premium. The property is therefore overpriced in the current market. Buy-to-flip angle. With the potential for value addition through renovations and effective marketing, a buy-to-flip strategy could yield a profitable return, capitalizing on the desirable features and finishes. Buy-to-let angle. Targeting long-term tenants could generate a gross yield of 3.3%, amounting to an estimated €712 per month, although the mixed neighborhood may impact demand.
Fair value modelled at €121,311 from the area baseline, adjusted for condition and location. Asking €259,000 sits €137,689 (53.2%) above — overpriced versus fair value.
Asking €259,000 versus the rua Dom Sancho I S / N area baseline of €185,256 (€2,573/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 (Condition 78 · Materials 83 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 50/100 (Housing Market 40 · Amenities 45 · Economic 55 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
rua Dom Sancho I S / N
Area baseline €185,256 + condition +€6,975 + location +€0 = modelled fair value of €121,311 (€1,685/m²), a €137,689 (53.2%) gap versus the €259,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Dom Sancho I S / N | Subject | €259,000 | €3,597 | — | 78 | 50 |
| Pinhal Novo · f362ff | Active | €279,000 | €2,683 | 25.4% | 75 | 49 |
| Pinhal Novo · 90da10 | Active | €329,000 | €2,788 | 22.5% | 73 | 51 |
| rua Humberto Delgado | Active | €235,000 | €2,765 | 23.1% | 75 | 51 |
| Pinhal Novo · 0019f6 | Active | €265,000 | €2,624 | 27.1% | 70 | 53 |
| Median comp | €272,000 | €2,724 | 24.3% | 74 | 51 |
Long-term rental With a gross yield of 3.3%, the apartment in Pinhal Novo, Palmela fails to offer an attractive return relative to its fair value, indicating it is overpriced by 53.2%. Additionally, the neighbourhood score of 50/100 suggests that tenant demand might be weak, further complicating the long-term rental strategy. Buy-and-hold Investing in this property with the current valuation shows a significant risk, as it is priced well above its fair value by 53.2%, indicating a poor entry point for buy-and-hold investors. The condition score of 81/100 does not compensate for the detrimental factors such as the low neighbourhood score and unsatisfactory yield. Not ideal for This property is not suitable for the luxury market due to its neighbourhood attributes and overall pricing, which do not align with luxury benchmarks. Furthermore, the short-term vacation rental market is also not ideal, as the high purchase price combined with low yield and tenant quality diminishes its appeal in the competitive short-term rental space.
Economic Dependence Risk The economic stability score of 55/100 suggests a potential vulnerability to economic downturns which could impact tenant demand and rental income stability.
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