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 91 m², built in 1997, energy rating E. Located on rua do Monte Novo, 25, Pinhal Novo parish, Palmela municipality, Setúbal district. Noteworthy Features: The apartment includes two balconies that enhance outdoor living, alongside functional areas benefiting from exceptional natural light due to its advantageous solar exposure.
The valuation. The asking price of €250,000 is considerably above the fair value of €133,000, sitting at a significant 46.8% premium, thus determining the property as overpriced. Buy-to-flip angle. A buy-to-flip strategy may struggle due to the high asking price and current market valuation, potentially limiting profitability when reselling in the area. Buy-to-let angle. With an estimated gross yield of 3.7% at roughly €771 per month, the rental income potential aligns with a conservative long-term investment strategy in the mixed neighborhood of Pinhal Novo, despite its overpriced status.
Fair value modelled at €133,000 from the area baseline, adjusted for condition and location. Asking €250,000 sits €117,000 (46.8%) above — overpriced versus fair value.
Asking €250,000 versus the rua do Monte Novo, 25 area baseline of €234,143 (€2,573/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 (Condition 70 · Materials 75 · Room dimensions 60). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 51/100 (Housing Market 40 · Amenities 50 · Economic 45 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
rua do Monte Novo, 25
Area baseline €234,143 + condition -€12,086 + location +€578 = modelled fair value of €133,000 (€1,462/m²), a €117,000 (46.8%) gap versus the €250,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Monte Novo, 25 | Subject | €250,000 | €2,747 | — | 70 | 51 |
| Pinhal Novo · 0019f6 | Active | €265,000 | €2,624 | 4.5% | 70 | 53 |
| rua de Cabo Verde | Active | €265,000 | €2,819 | 2.6% | — | 55 |
| Pinhal Novo · 65a865 | Active | €265,000 | €3,313 | 20.6% | 65 | 47 |
| Pinhal Novo · 4bc6a3 | Active | €280,000 | €3,111 | 13.2% | 65 | 48 |
| Median comp | €265,000 | €2,965 | 7.9% | 65 | 51 |
Long-term rental The property in Pinhal Novo, currently listed at €250,000, is overpriced by 46.8% compared to its fair value of €133,000, leading to a less appealing long-term rental yield of only 3.7%. Investors should be cautious as the property's condition and neighborhood ratings indicate limited potential for strong tenant demand. Buy-and-hold With a significant gap between the list price and the fair value, this 2-bed apartment is not positioned for a successful buy-and-hold strategy, particularly with a modest yield of 3.7%. The overpriced nature of this property discourages long-term investment for appreciation since the economic and neighborhood metrics are below average. Family rental Given the current listings price, the 2-bed apartment is not an economically sound choice for family rental investment, reflecting a substantial overvaluation of 46.8%. The average condition and neighborhood rating suggest that potential families may be attracted to other more reasonably priced options in the market.
[Economic Concerns] The low economic stability score of 45/100 indicates a heightened risk of economic downturns impacting rental demand and property value negatively.
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