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 apartment of 104 m², built in 1981, energy rating E. Located on rua 7 Fevereiro, Pinhal Novo parish, Palmela municipality, Setúbal district. The apartment features a sunroom accessible from the living room, enhancing natural light and providing a serene space for relaxation or entertaining guests.
The valuation. The asking price of €299,900 is significantly above the fair value of €164,393, representing a 45.2% premium. This property is overpriced. Buy-to-flip angle. The resale strategy aims to capitalize on market demand by improving minor finishes and then listing for a higher price in a recovering local market. Buy-to-let angle. Given the lack of rental income potential at a gross yield of 0%, the investment focus would shift toward leveraging long-term hold and eventual renovation strategies to increase value.
Fair value modelled at €164,393 from the area baseline, adjusted for condition and location. Asking €299,900 sits €135,507 (45.2%) above — overpriced versus fair value.
Asking €299,900 versus the rua 7 Fevereiro area baseline of €165,152 (€1,588/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 (Condition 70 · Materials 75 · Room dimensions 74). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 55/100 (Housing Market 50 · Amenities 50 · Economic 40 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
rua 7 Fevereiro
Area baseline €165,152 + condition -€4,063 + location +€3,303 = modelled fair value of €164,393 (€1,581/m²), a €135,507 (45.2%) gap versus the €299,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua 7 Fevereiro | Subject | €299,900 | €2,884 | — | 70 | 55 |
| Pinhal Novo · 6fbc18 | Active | €340,000 | €2,906 | 0.8% | 70 | 46 |
| rua Febo Moniz | Active | €245,000 | €2,722 | 5.6% | 70 | 48 |
| rua Salgueiro Maia, 1 | Active | €330,000 | €3,000 | 4.0% | 70 | 51 |
| Pinhal Novo · 49b772 | Active | €280,000 | €2,772 | 3.9% | 60 | 48 |
| Median comp | €305,000 | €2,839 | 1.5% | 70 | 48 |
Long-term rental The property in Pinhal Novo is overpriced at €299,900, far exceeding its fair value of €164,393, resulting in a significant 45.2% gap. With a gross yield of 0% and limited urban infrastructure, it poses challenges for steady long-term rental income. Buy-and-hold An investment in this property for a buy-and-hold strategy is questionable, as it appears overpriced relative to its fair value of €164,393. The lack of tenant quality and favorable neighborhood conditions limits its potential for appreciation over time. Value-add renovation Although the property has a decent condition score of 73/100, the substantial overprice compared to the fair value indicates that expecting a return from value-add renovations is unlikely. The existing neighborhood and agricultural economic context suggest that renovations may not yield sufficient value to justify the high acquisition cost.
High economic instability The economic stability score of 40/100 indicates a significant risk due to potential volatility in the market that could affect rental income and property value.
