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, 2-bathroom country_estate of 103 m², built in 2012. Located Pinhal Novo parish, Palmela municipality, Setúbal district. Noteworthy Features: This property boasts a certified vineyard spread over 3,000 m², offering potential for winemaking or agricultural investment in a beautiful rural setting. Additional Space: A 90 m² garage that accommodates four vehicles enhances versatility for storage or hobbyists.
The valuation. The asking price of €542,500 exceeds the fair value of €159,768 by €382,732, reflecting a 70.5% markup. This property is overpriced.
Fair value modelled at €159,768 from the area baseline, adjusted for condition and location. Asking €542,500 sits €382,732 (70.5%) above — overpriced versus fair value.
Asking €542,500 versus the Pinhal Novo, Palmela, Setúbal area baseline of €163,564 (€1,588/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 74 · Materials 79 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 41/100 (Housing Market 30 · Amenities 40 · Economic 40 · Tenant Quality 55). Softer demand indicators apply a discount to baseline.
Pinhal Novo, Palmela, Setúbal
Area baseline €163,564 + condition +€2,092 + location -€5,888 = modelled fair value of €159,768 (€1,551/m²), a €382,732 (70.5%) gap versus the €542,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Pinhal Novo · f36354 | Subject | €542,500 | €5,267 | — | 74 | 41 |
| Palmela · 49b851 | Active | €750,000 | €5,172 | 1.8% | 70 | 54 |
| Pinhal Novo · 93728c | Active | €349,500 | €4,854 | 7.8% | 68 | 55 |
| Palmela · 6d534a | Active | €470,000 | €2,487 | 52.8% | 70 | 57 |
| estrada da Serralheira | Active | €750,000 | €5,172 | 1.8% | 72 | 48 |
| Median comp | €610,000 | €5,013 | 4.8% | 70 | 55 |
Long-term rental The property presents a low gross yield of 2.1%, indicating it may not generate sufficient cash flow in relation to the purchase price. Additionally, with a fair value gap of 70.5%, the investment is clearly overpriced, making it a less attractive option for long-term rental revenue. Buy-and-hold The condition rating at 76/100 suggests that while the property is relatively well-maintained, the significant disparity between the listing price and fair value suggests that future appreciation potential is limited. Given the proximity to urban centers and the area's limited housing demand, this buy-and-hold strategy appears imprudent as the property is overpriced and unlikely to yield substantial returns over time.
High Economic Risk With an economic stability score of 40/100, the property is at significant risk of economic downturns affecting potential income and values.
