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 house of 187 m², built in 1992, energy rating C. Located on rua Guerra Junqueiro, 15, Pinhal Novo parish, Palmela municipality, Setúbal district. Noteworthy Features: This two-story house boasts a pleasant outdoor leisure area, complete with a barbecue, providing an ideal space for family gatherings and relaxation in a central location.
The valuation. The asking price of €470,000 is €53,855 (10.3%) below the fair value of €523,855, indicating that the property is priced fairly in the current market conditions.
Fair value modelled at €523,855 from 6 comparable sales in the area. Asking €470,000 sits €53,855 (10.3%) below — the upside to fair value.
Asking €470,000 versus the rua Guerra Junqueiro, 15 area baseline of €567,672 (€3,036/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 52/100 is below the parish average, reducing 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 €567,672, adjusted for condition and micro-location, gives a modelled fair value of €523,855 (€2,801/m²), a €53,855 (10.3%) gap versus the €470,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Guerra Junqueiro, 15 | Subject | €470,000 | €2,513 | — | 54 | 51 |
| rua da Alfazema, 61 | Active | €180,000 | €1,800 | 28.4% | — | 53 |
| Pinhal Novo · 6d54a7 | Active | €575,000 | €2,396 | 4.7% | 65 | 43 |
| Pinhal Novo · 468094 | Active | €465,000 | €3,207 | 27.6% | — | 53 |
| Pinhal Novo · 93728c | Active | €349,500 | €4,854 | 93.1% | 68 | 55 |
| Median comp | €407,250 | €2,802 | 11.5% | 67 | 53 |
Long-term rental The property’s lack of yield and fair value assessment suggest that its price does not adequately incentivize long-term rental investors. Given the moderate local market and average tenant quality, sustaining steady rental income may be challenging. Buy-and-hold While the property is currently fair in valuation, the local market's low growth potential may limit appreciation over the long term. Investors should consider the holding costs since the expected returns do not justify the upfront investment. Value-add renovation The property's condition rating of 52/100 indicates that there is potential for value-add renovations, yet the current pricing suggests that the enhancements may not yield a favorable return. As a result, any investment into improvements must be carefully weighed against the capped upside due to the fair valuation. Not ideal for luxury market Given its fair valuation and the average neighborhood ratings, this property lacks the attributes that typically attract luxury buyers. Therefore, it is unlikely to command premium pricing in this segment. Not ideal for short-term rental The property’s zero gross yield indicates it is not positioned to capitalize on the short-term rental market effectively. Additionally, its neighborhood ratings and overall condition do not support a competitive advantage in this sector. Not ideal for student housing The demographics and local amenities do not align well with a student housing strategy, as tenant quality in the area may not support demand for such accommodations. Furthermore, the property's fair valuation does not lend itself to the price sensitivity typical in the student rental market.
Economic and Tenant Instability Risk: The economic stability score of 50/100 coupled with a tenant stability score of 50/100 indicates a high risk of fluctuating rental income and potential vacancy issues due to economic uncertainty.
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
