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.
0-bedroom, 0-bathroom apartment of 70 m², energy rating D. Located Pinhal Novo parish, Palmela municipality, Setúbal district. Noteworthy Features: This exceptional apartment boasts a modern open-concept living area that seamlessly integrates the kitchen, enhanced by electric shutters for insulation and a spacious attic for additional storage.
The valuation. The asking price of €265,000 significantly exceeds the fair value of €117,715 by €147,285 (55.6%). This property is therefore deemed overpriced, which may limit potential returns for investors.
Fair value modelled at €117,715 from the area baseline, adjusted for condition and location. Asking €265,000 sits €147,285 (55.6%) above — overpriced versus fair value.
Asking €265,000 versus the Pinhal Novo, Palmela, Setúbal area baseline of €171,150 (€2,445/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 (Condition 80 · Materials 85 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 49/100 (Housing Market 40 · Amenities 50 · Economic 45 · Tenant Quality 52). Softer demand indicators apply a discount to baseline.
Pinhal Novo, Palmela, Setúbal
Area baseline €171,150 + condition +€7,000 + location -€445 = modelled fair value of €117,715 (€1,682/m²), a €147,285 (55.6%) gap versus the €265,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Pinhal Novo · 9570bc | Subject | €265,000 | €3,786 | — | 80 | 49 |
| Palmela · 0019d0 | Active | €250,000 | €2,941 | 22.3% | 74 | 58 |
| rua Dom Sancho I S / N | Active | €259,000 | €3,597 | 5.0% | 78 | 50 |
| Pinhal Novo · f362ff | Active | €279,000 | €2,683 | 29.1% | 75 | 49 |
| Pinhal Novo · 2620d3 | Active | €194,500 | €3,740 | 1.2% | 70 | 57 |
| Median comp | €254,500 | €3,269 | 13.6% | 75 | 54 |
Buy-and-hold The 0-bed apartment in Pinhal Novo is overpriced, with a listing price of €265,000 significantly exceeding its fair value of €117,715 by 55.6%. This elevated price diminishes the long-term investment appeal, particularly given the neighborhood's low tenant quality and rural economy. Value-add renovation Although renovation could improve the property condition significantly from its current score of 81/100, the steep initial investment reflects a risk in an overpriced market. With a fair value of just €117,715, the potential returns do not justify the current market price of €265,000. Family rental The apartment’s location and condition might attract families; however, the pricing at €265,000 is far too high compared to its fair value of €117,715. The limited amenities and low neighborhood rating further suggest that this property may not yield sufficient demand to support such an inflated price. Not ideal for: Short-term vacation rental, Luxury market, Student housing
Economic Vulnerability With an economic stability score of 45/100, there is a significant risk that the local economy may experience downturns, impacting property value and tenant retention negatively.
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