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 119 m², built in 1996, energy rating D. Located on rua Dom Francisco de Almeida, Pinhal Novo parish, Palmela municipality, Setúbal district. Noteworthy Features: The apartment features a cozy fireplace in the spacious living room, enhancing the inviting atmosphere, alongside a generous balcony perfect for outdoor relaxation. Extra Attribute: Located in a tranquil residential area with convenient access to essential services and public transportation, catering to families and commuters alike.
The valuation. The asking price of €311,000 is significantly above fair value, exceeding it by €141,006, or 45.3%. This indicates that the property is overpriced relative to its assessed worth. Buy-to-flip angle. A resale strategy could involve renovations focused on enhancing the kitchen and improving overall finishes, potentially increasing its market appeal and resale value. Buy-to-let angle. The estimated rental income of €855 per month indicates a gross yield of 3.3%, providing steady income in a mixed-use neighborhood tied to industrial and agricultural activities.
Fair value modelled at €169,994 from the area baseline, adjusted for condition and location. Asking €311,000 sits €141,006 (45.3%) above — overpriced versus fair value.
Asking €311,000 versus the rua Dom Francisco de Almeida area baseline of €290,955 (€2,445/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 (Condition 63 · Materials 68 · Room dimensions 66). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 49/100 (Housing Market 40 · Amenities 45 · Economic 45 · Tenant Quality 55). Softer demand indicators apply a discount to baseline.
rua Dom Francisco de Almeida
Area baseline €290,955 + condition -€18,222 + location -€756 = modelled fair value of €169,994 (€1,429/m²), a €141,006 (45.3%) gap versus the €311,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Dom Francisco de Almeida | Subject | €311,000 | €2,613 | — | 63 | 49 |
| rua Salgueiro Maia, 1 | Active | €330,000 | €3,000 | 14.8% | 70 | 51 |
| Pinhal Novo · 49b772 | Active | €280,000 | €2,772 | 6.1% | 60 | 48 |
| Pinhal Novo · f366f4 | Active | €395,000 | €3,657 | 39.9% | — | 49 |
| Pinhal Novo · 6fbc18 | Active | €340,000 | €2,906 | 11.2% | 70 | 46 |
| Median comp | €335,000 | €2,953 | 13.0% | 70 | 49 |
Long-term rental This property, priced at €311,000, presents a significant overvaluation compared to its fair value of €169,994, indicating it is overpriced by 45.3%. With a gross yield of only 3.3%, the potential for long-term rental income does not justify the current asking price. Family rental While the property could serve as a family rental, the neighborhood rating of 49/100 and the condition score of 65/100 suggest it lacks appeal to quality tenants, which may hinder rental demand. Therefore, with the listing price deemed excessively high at €311,000, this strategy faces notable challenges in attracting suitable families.
Low Economic Stability Risk The property has a low economic stability score of 45/100, indicating potential fluctuations in the local economy that could affect tenant demand and rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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