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.
3-bedroom, 2-bathroom apartment of 110 m². Located on rua Salgueiro Maia, 1, Pinhal Novo parish, Palmela municipality, Setúbal district. Noteworthy Features: The property includes a well-insulated attic storage room lined with PVC, enhancing overall utility and organization options for residents. Local Amenities: Situated in a tranquil neighborhood, it is conveniently close to schools, transportation, and supermarkets.
The valuation. The asking price of €330,000 is significantly above fair value at €162,488, representing a 50.8% overvaluation. This discrepancy indicates that the property is overpriced relative to its market worth.
Fair value modelled at €162,488 from the area baseline, adjusted for condition and location. Asking €330,000 sits €167,512 (50.8%) above — overpriced versus fair value.
Asking €330,000 versus the rua Salgueiro Maia, 1 area baseline of €283,030 (€2,573/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 (Condition 70 · Materials 65 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 51/100 (Housing Market 40 · Amenities 50 · Economic 55 · Tenant Quality 55). Strong amenities and housing-market momentum support a premium to baseline.
rua Salgueiro Maia, 1
Area baseline €283,030 + condition -€12,891 + location +€699 = modelled fair value of €162,488 (€1,477/m²), a €167,512 (50.8%) gap versus the €330,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Salgueiro Maia, 1 | Subject | €330,000 | €3,000 | — | 70 | 51 |
| Pinhal Novo · 7356a2 | Active | €245,000 | €3,403 | 13.4% | 65 | 48 |
| rua dos Combatentes da Grande Guerra S / N | Active | €295,000 | €3,172 | 5.7% | 74 | 49 |
| rua Manuel Verissimo da Silva, 5 | Active | €340,000 | €2,720 | 9.3% | 73 | 47 |
| Pinhal Novo · 6fbc18 | Active | €340,000 | €2,906 | 3.1% | 70 | 46 |
| Median comp | €317,500 | €3,039 | 1.3% | 72 | 48 |
Buy-and-hold This 3-bed apartment in Pinhal Novo is currently overpriced, listed at €330,000 while the fair value is only €162,488, presenting a significant 50.8% gap. With a low gross yield of 3.2% and a neighborhood quality rating of 51/100, it may not provide an attractive return over the long term, making it a less ideal choice for a buy-and-hold strategy. Value-add renovation While the property has the potential for improvements, its current condition rating of 68/100 and high asking price indicate that it is overpriced at €330,000 compared to a fair value of €162,488. The 50.8% gap and low neighborhood quality further suggest that any renovation would require substantial investment to achieve a more favorable market position but may still result in an overvalued asset.
Economic and Tenant Instability With both economic stability and tenant stability scores at 55/100, there is a heightened risk of fluctuating demand and potential rental income disruptions due to economic uncertainties.
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