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 on the 2nd floor, energy rating E. Located on rua Dom Sancho I, Pinhal Novo parish, Palmela municipality, Setúbal district. Noteworthy Features: This apartment boasts two balconies, one with a closed sunroom, providing an ideal space for relaxation and enhancing its overall living experience in a central location.
The valuation. The asking price of €240,000 significantly exceeds the fair value of €143,679, representing an overvaluation of €96,321 or 40.1%. This disparity suggests the property is overpriced and unlikely to yield advantageous returns at this price point.
Fair value modelled at €143,679 from the area baseline, adjusted for condition and location. Asking €240,000 sits €96,321 (40.1%) 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 62/100 (Condition 65 · Materials 60 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 53/100 (Housing Market 40 · Amenities 50 · Economic 50 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Dom Sancho I
Area baseline €249,390 + condition -€20,241 + location +€1,944 = modelled fair value of €143,679 (€1,409/m²), a €96,321 (40.1%) gap versus the €240,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Dom Sancho I | Subject | €240,000 | €2,353 | — | 65 | 53 |
| 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 · 0019f6 | Active | €265,000 | €2,624 | 11.5% | 70 | 53 |
| Median comp | €257,500 | €2,686 | 14.1% | 68 | 50 |
Long-term rental The property’s gross yield of 3.9% indicates a limited return on investment, and with a pricing gap of 40.1% compared to its fair value of €143,679, the investment appears unattractive for long-term rental strategy. Additionally, the low neighbourhood rating of 53/100 suggests challenges in securing high-quality tenants over time. Family rental Given the property’s rural location and limited local amenities, it may struggle to attract families looking for quality living spaces, making the current listing of €240,000 particularly hard to justify despite housing market trends. The 62/100 condition score further diminishes appeal for families seeking functional and modern environments. Buy-and-hold The significant overpricing of the apartment at €240,000, compared to its fair value, hampers its potential as a viable buy-and-hold investment, as future appreciation appears limited in a neighbourhood with only moderate tenant quality and economic dependency on agriculture. With an overall low 53/100 neighbourhood score, long-term value growth is likely to be constrained.
Economic Vulnerability The economic stability score of 50/100 indicates a potential risk in market fluctuations that could adversely affect property values and rental demand.
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
