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.
5-bedroom, 2-bathroom house of 194 m², built in 1997, energy rating E. Located on rua Salgueiro Maia, Pinhal Novo parish, Palmela municipality, Setúbal district. Noteworthy Features: The property includes a closed garage and ample outdoor space, perfect for creating a barbecue area or children's play zone in an independent garden. Location Benefits: This rare 5-bedroom house is situated in a family-friendly area, just a short walk from schools and public transport options.
The valuation. The asking price of €449,000 is significantly above fair value, exceeding it by €207,839 (46.3%). This property is therefore considered overpriced, making it a less attractive investment opportunity.
Fair value modelled at €241,161 from the area baseline, adjusted for condition and location. Asking €449,000 sits €207,839 (46.3%) above — overpriced versus fair value.
Asking €449,000 versus the rua Salgueiro Maia area baseline of €308,072 (€1,588/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 51/100 (Condition 55 · Materials 50 · Room dimensions 55). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 54/100 (Housing Market 40 · Amenities 50 · Economic 45 · Tenant Quality 50). Strong amenities and housing-market momentum support a premium to baseline.
rua Salgueiro Maia
Area baseline €308,072 + condition -€71,841 + location +€4,929 = modelled fair value of €241,161 (€1,243/m²), a €207,839 (46.3%) gap versus the €449,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Salgueiro Maia | Subject | €449,000 | €2,314 | — | 55 | 54 |
| Palmela · 6d534a | Active | €470,000 | €2,487 | 7.4% | 70 | 57 |
| estrada dos Restauradores do Concelho de Palmela N379-2 | Active | €790,000 | €4,647 | 100.8% | 60 | 48 |
| rua da Alfazema, 61 | Active | €180,000 | €1,800 | 22.2% | — | 53 |
| rua da Agropecuária S / N | Active | €685,000 | €2,306 | 0.3% | 60 | 50 |
| Median comp | €577,500 | €2,397 | 3.5% | 60 | 52 |
Long-term rental The property in Pinhal Novo is overpriced by 46.3%, with a fair value significantly lower than the asking price. With a gross yield of only 3.5% and a condition rating of 51/100, the property does not present an attractive long-term rental opportunity. Value-add renovation Despite the potential for improvements, the property is currently overpriced and reflects a gap of 46.3% compared to its fair value. The subpar condition rating and average neighbourhood score indicate that substantial investment would likely be required to achieve a return, making this strategy less appealing.
Economic Vulnerability With an Economic Stability score of 45/100, the property is at risk of declining property values due to weak economic conditions, while a Tenant Stability score of 50/100 indicates potential issues with tenant retention and consistent cash flow.
