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 102 m², built in 1990, energy rating E. Located on rua Dom Sancho I, Pinhal Novo parish, Palmela municipality, Setúbal district. The apartment features an abundance of natural light and high ceilings, providing a spacious feel, combined with proximity to the Pinhal Novo train station for easy commuting.
The valuation. The asking price of €240,000 is significantly above the fair value of €131,792, creating a gap of €108,208 (45.1%). This property is overpriced and poses a financial risk to potential investors.
Fair value modelled at €131,792 from the area baseline, adjusted for condition and location. Asking €240,000 sits €108,208 (45.1%) above — overpriced versus fair value.
Asking €240,000 versus the rua Dom Sancho I area baseline of €249,390 (€2,445/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 59/100 (Condition 55 · Materials 63 · Room dimensions 60). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 44/100 (Housing Market 40 · Amenities 45 · Economic 35 · Tenant Quality 50). Softer demand indicators apply a discount to baseline.
rua Dom Sancho I
Area baseline €249,390 + condition -€26,297 + location -€3,887 = modelled fair value of €131,792 (€1,292/m²), a €108,208 (45.1%) gap versus the €240,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Dom Sancho I | Subject | €240,000 | €2,353 | — | 55 | 44 |
| avenida Capitães de Abril | Active | €197,000 | €2,402 | 2.1% | 60 | 49 |
| rua do Monte Novo, 25 | Active | €250,000 | €2,747 | 16.8% | 70 | 51 |
| Pinhal Novo · 9389aa | Active | €290,000 | €3,085 | 31.1% | 65 | 43 |
| Pinhal Novo · 4bc6a3 | Active | €280,000 | €3,111 | 32.2% | 65 | 48 |
| Median comp | €265,000 | €2,916 | 23.9% | 65 | 49 |
Long-term rental The 2-bed apartment in Pinhal Novo is overpriced by 45.1%, with a fair value of €131,792, which limits the potential for a profitable long-term rental investment. Given its gross yield of only 3.9% and poor ratings in neighborhood conditions, it may struggle to attract and retain quality tenants. Buy-and-hold Investing in this property as a buy-and-hold strategy is not advisable due to its overpricing and substantial gap from fair value. The low condition score of 59 and neighborhood rating of 44 indicate challenges that could hinder long-term appreciation and tenant satisfaction.
High Default Risk With an economic stability score of 35/100 and a tenant stability score of 50/100, there is an elevated risk of tenant defaults due to poor economic conditions and inconsistent tenant reliability.
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
