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 128 m², built in 1985, energy rating C. Located on rua dos Combatentes da Grande Guerra, 4, Pinhal Novo parish, Palmela municipality, Setúbal district. Noteworthy Features: This apartment includes a spacious pantry for additional storage, and its balcony provides a tranquil outdoor space with views of the well-maintained communal areas.
The valuation. The asking price of €269,000 is significantly above the fair value of €184,786, indicating the property is overpriced by €84,214, or 31.3%. This discrepancy suggests limited potential for immediate returns based on current market conditions.
Fair value modelled at €184,786 from the area baseline, adjusted for condition and location. Asking €269,000 sits €84,214 (31.3%) above — overpriced versus fair value.
Asking €269,000 versus the rua dos Combatentes da Grande Guerra, 4 area baseline of €203,264 (€1,588/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 (Condition 72 · Materials 70 · Room dimensions 68). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 44/100 (Housing Market 35 · Amenities 40 · Economic 35 · Tenant Quality 50). Softer demand indicators apply a discount to baseline.
rua dos Combatentes da Grande Guerra, 4
Area baseline €203,264 + condition -€13,600 + location -€4,878 = modelled fair value of €184,786 (€1,444/m²), a €84,214 (31.3%) gap versus the €269,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua dos Combatentes da Grande Guerra, 4 | Subject | €269,000 | €2,102 | — | 72 | 44 |
| rua São Francisco Xavier | Active | €279,000 | €2,268 | 7.9% | 60 | 56 |
| avenida Natália Correia, 198 | Active | €406,000 | €1,742 | 17.1% | 62 | 52 |
| rua José Saramago, 26 | Active | €260,000 | €2,889 | 37.5% | 70 | 49 |
| urbanização Vila S | Active | €406,000 | €1,742 | 17.1% | 70 | 52 |
| Median comp | €342,500 | €2,005 | 4.6% | 66 | 52 |
Long-term rental With a gross yield of just 3.6%, the long-term rental strategy for this 2-bed apartment may not provide sufficient return on investment compared to the fair value of €184,786, indicating that the property is overpriced at €269,000. Additionally, the neighborhood score of 44/100 suggests a limited tenant quality which could further impact rental demand and returns. Value-add renovation Investing in a value-add renovation could enhance the apartment's condition rating of 68/100, yet the significant price gap of 31.3% from fair value poses a risk, reflecting that the property is overpriced. The lack of amenities and low neighborhood quality may hinder potential appreciation even with improvements, making this strategy less appealing.
Low economic growth risk The property faces a significant risk due to its low economic stability score of 35/100, which may lead to decreased tenant demand and potential rental income instability.
