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, 0-bathroom house of 240 m². Located Pinhal Novo parish, Palmela municipality, Setúbal district. Noteworthy Features: The property includes a versatile annex of approximately 50m² with a bathroom, enhancing outdoor entertainment options by the pool and barbecue area.
The valuation. The asking price of €575,000 is significantly higher than the fair value of €344,199, leading to an overpriced status of €230,801 (40.1%). This disparity suggests a lack of justification for the current listing price.
Fair value modelled at €344,199 from the area baseline, adjusted for condition and location. Asking €575,000 sits €230,801 (40.1%) above — overpriced versus fair value.
Asking €575,000 versus the Pinhal Novo, Palmela, Setúbal area baseline of €381,120 (€1,588/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 (Condition 65 · Materials 70 · Room dimensions 72). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 43/100 (Housing Market 40 · Amenities 45 · Economic 35 · Tenant Quality 52). Softer demand indicators apply a discount to baseline.
Pinhal Novo, Palmela, Setúbal
Area baseline €381,120 + condition -€26,250 + location -€10,671 = modelled fair value of €344,199 (€1,434/m²), a €230,801 (40.1%) gap versus the €575,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Pinhal Novo · 6d54a7 | Subject | €575,000 | €2,396 | — | 65 | 43 |
| rua Salgueiro Maia | Active | €449,000 | €2,314 | 3.4% | 55 | 54 |
| Pinhal Novo · 49b7fb | Active | €600,000 | €2,239 | 6.6% | — | 43 |
| Pinhal Novo · 6fbb97 | Active | €630,000 | €2,432 | 1.5% | 74 | 54 |
| Pinhal Novo · 6d54b8 | Active | €299,500 | €2,995 | 25.0% | 74 | 51 |
| Median comp | €524,500 | €2,373 | 1.0% | 74 | 53 |
Long-term rental The property, listed at €575,000, significantly exceeds its fair value of €344,199, indicating a substantial 40.1% gap. With a gross yield of only 3.4%, the long-term rental strategy appears to offer limited financial upside in a neighborhood rated just 43/100. Buy-and-hold Given the current market listing of €575,000 versus a fair value of €344,199, the property is evaluated as 40.1% overpriced, which raises concerns about future appreciation. The condition rating of 68/100 alongside a less favorable neighborhood score does not position this property well for a successful buy-and-hold investment strategy.
Low Economic Resilience The property faces significant investment risk due to a low economic stability score of 35/100, indicating potential vulnerability to economic downturns affecting tenant demand and rental income.
