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.
1-bedroom, 1-bathroom apartment of 58 m², built in 1976, energy rating D. Located Pinhal Novo parish, Palmela municipality, Setúbal district. Notable Features: The apartment features a stylishly upgraded kitchen and bathroom, enhancing modern living with quality finishes that ensure functionality and aesthetic appeal in every corner.
The valuation. The asking price of €225,000 is significantly above the fair value of €96,097, representing a premium of €128,903 (57.3%). This property is assessed as overpriced based on current market conditions.
Fair value modelled at €96,097 from the area baseline, adjusted for condition and location. Asking €225,000 sits €128,903 (57.3%) above — overpriced versus fair value.
Asking €225,000 versus the Pinhal Novo, Palmela, Setúbal area baseline of €141,810 (€2,445/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 (Condition 77 · Materials 81 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 51/100 (Housing Market 40 · Amenities 50 · Economic 45 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Pinhal Novo, Palmela, Setúbal
Area baseline €141,810 + condition +€3,625 + location +€368 = modelled fair value of €96,097 (€1,657/m²), a €128,903 (57.3%) gap versus the €225,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Pinhal Novo · b7bf50 | Subject | €225,000 | €3,879 | — | 77 | 51 |
| Palmela · 0019d0 | Active | €250,000 | €2,941 | 24.2% | 74 | 58 |
| rua Dom Sancho I S / N | Active | €259,000 | €3,597 | 7.3% | 78 | 50 |
| Pinhal Novo · f362ff | Active | €279,000 | €2,683 | 30.8% | 75 | 49 |
| Pinhal Novo · 6eba87 | Active | €285,000 | €3,065 | 21.0% | 75 | 44 |
| Median comp | €269,000 | €3,003 | 22.6% | 75 | 50 |
Long-term rental Given the significant gap of 57.3% between the asking price of €225,000 and the fair value of €96,097, this property in Pinhal Novo is overpriced. With a gross yield of only 3.3%, the investment potential appears limited, and the neighborhood's low rating of 51/100 further complicates long-term rental viability. Buy-and-hold Investing in this 1-bed apartment under the buy-and-hold strategy is challenging, as the current valuation exceeds fair value by a substantial margin. The transitional housing demand in a peripheral location, coupled with the property's low gross yield and neighborhood rating, indicate it may not appreciate in value as hoped. Short-term vacation rental The property is not suitable for short-term vacation rentals, as the market conditions reflected by its above-average price and lower-than-average neighborhood score do not support strong demand. The transitional nature of the area further diminishes the attractiveness of a short-term rental strategy here. Luxury market This property does not fit well within the luxury market, as it is priced significantly above fair value and is located in a neighborhood with a score of only 51/100. The lack of upscale amenities and the transitional housing demand indicate that this investment would not align with luxury market expectations.
Economic Vulnerability With an economic stability score of 45/100, there is a significant risk that local economic downturns could negatively impact property value and rental income. Tenant Instability A tenant stability score of 65/100 indicates potential volatility in tenant retention, which may lead to fluctuating occupancy rates and rental income.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
