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.
4-bedroom, 2-bathroom duplex of 101 m², built in 1985, energy rating D. Located Pinhal Novo parish, Palmela municipality, Setúbal district. Noteworthy Feature: The property boasts a terrace with panoramic views of the Village of Pinhal Novo and Palmela Castle, enhancing leisure opportunities and outdoor enjoyment.
The valuation. The asking price of €280,000 significantly exceeds its fair value of €139,378, representing a staggering 50.2% premium. This property is clearly overpriced, making it less attractive for prospective buyers.
Fair value modelled at €139,378 from the area baseline, adjusted for condition and location. Asking €280,000 sits €140,622 (50.2%) above — overpriced versus fair value.
Asking €280,000 versus the Pinhal Novo, Palmela, Setúbal area baseline of €160,388 (€1,588/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 63/100 (Condition 60 · Materials 65 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 48/100 (Housing Market 35 · Amenities 40 · Economic 45 · Tenant Quality 55). Softer demand indicators apply a discount to baseline.
Pinhal Novo, Palmela, Setúbal
Area baseline €160,388 + condition -€19,727 + location -€1,283 = modelled fair value of €139,378 (€1,380/m²), a €140,622 (50.2%) gap versus the €280,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Pinhal Novo · 49b772 | Subject | €280,000 | €2,772 | — | 60 | 48 |
| rua Salgueiro Maia, 1 | Active | €330,000 | €3,000 | 8.2% | 70 | 51 |
| Pinhal Novo · f366f4 | Active | €395,000 | €3,657 | 31.9% | — | 49 |
| rua 7 Fevereiro | Active | €299,900 | €2,884 | 4.0% | 70 | 55 |
| rua dos Combatentes da Grande Guerra S / N | Active | €295,000 | €3,172 | 14.4% | 74 | 49 |
| Median comp | €314,950 | €3,086 | 11.3% | 70 | 50 |
Long-term rental The 4-bed duplex in Pinhal Novo, listed at €280,000, does not align with its fair value of €139,378, indicating it is overpriced by 50.2%. Given the current yield of 0% gross and the neighborhood score of 48/100, long-term rental investment appears unfeasible and risky. Buy-and-hold The significant gap between the listing price and the fair value suggests that the 4-bed duplex in Pinhal Novo is overpriced, making it a less attractive buy-and-hold investment. The condition rating of 63/100 combined with the low tenant quality in the area further dilutes the potential long-term appreciation. Family rental With a substantial discrepancy between the listing price of €280,000 and the estimated fair value of €139,378, this property is overpriced and not suited for family rental purposes. The neighborhood rating of 48/100 and the zero gross yield further undermine the viability of this investment strategy.
Potential for Tenant Turnover Due to a tenant stability score of 55/100, there may be an increased risk of tenant turnover, impacting consistent rental income.
