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.
5-bedroom, 4-bathroom country_house of 240 m², built in 2004, energy rating C. Located Pinhal Novo parish, Palmela municipality, Setúbal district. Unique Feature: The property includes a water well with an automatic irrigation system, supporting the beautifully landscaped gardens and enhancing the outdoor experience for its owners. Outro: This unique addition offers both sustainability and convenience, ensuring lush greenery year-round.
The valuation. The asking price of €1,050,000 is fairly aligned with the fair value of €1,085,538, showing a slight difference of €35,538 (3.3%). This positions the property within a reasonable market range. Buy-to-flip angle. The strategy for resale focuses on executing a value-add renovation, potentially increasing market appeal and resale value. This could allow the property to be flipped for a profit following improvements. Buy-to-let angle. The estimated rental income of €1,925/month results in a gross yield of 2.2%. This stable income stream could attract long-term tenants seeking family-oriented accommodations in a rural setting.
Fair value modelled at €1,085,538 from 3 comparable sales in the area. Asking €1,050,000 sits €35,538 (3.3%) below — the upside to fair value.
Asking €1,050,000 versus the Pinhal Novo, Palmela, Setúbal area baseline of €984,489 (€4,102/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €984,489, adjusted for condition and micro-location, gives a modelled fair value of €1,085,538 (€4,523/m²), a €35,538 (3.3%) gap versus the €1,050,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Pinhal Novo · b32976 | Subject | €1,050,000 | €4,375 | — | 73 | 47 |
| estrada da Serralheira | Active | €750,000 | €5,172 | 18.2% | 72 | 48 |
| Palmela · 8ee3a7 | Active | €650,000 | €2,579 | 41.0% | 72 | 44 |
| Palmela · 49b8a4 | Active | €588,000 | €4,523 | 3.4% | 72 | 48 |
| Median comp | €650,000 | €4,523 | 3.4% | 72 | 48 |
Value-add renovation The property presents an opportunity for value-add renovation, given its condition score of 78/100, which indicates potential for significant improvement. Investing in updates could increase both the property’s appeal and valuation in a modestly performing neighbourhood. Long-term rental With a gross yield of 2.2%, the long-term rental strategy may yield consistent returns, though the yield is relatively low. This property aligns with long-term rental needs in a rural setting, suitable for residents seeking stable housing. Family rental The 5-bedroom layout makes the property suitable for family rental, providing ample space for occupancy. Despite a low neighbourhood score of 47/100, families prioritizing larger living areas may find value in the property’s size and country setting.
Economic Vulnerability The property faces significant risk due to a low economic stability score of 40/100, indicating potential challenges in market conditions that could affect rental income and property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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