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.
3-bedroom, 2-bathroom apartment of 192 m² on the 1st floor, built in 2012, energy rating C. Located on avenida Natália Correia, Pinhal Novo parish, Palmela municipality, Setúbal district. This apartment features a spacious balcony off the living room and kitchen, providing excellent outdoor connectivity and natural light.
The valuation. The asking price of €437,000 is slightly above the fair value of €419,506, amounting to a difference of €17,494 (4.2%). Verdict: fair.
Fair value modelled at €419,506 from 6 comparable sales in the area. Asking €437,000 sits €17,494 (4.2%) above — overpriced versus fair value.
Asking €437,000 versus the avenida Natália Correia area baseline of €422,908 (€2,203/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 62/100 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 €422,908, adjusted for condition and micro-location, gives a modelled fair value of €419,506 (€2,185/m²), a €17,494 (4.2%) gap versus the €437,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Natália Correia | Subject | €437,000 | €2,276 | — | 65 | 59 |
| avenida Natália Correia, 198 | Active | €406,000 | €1,742 | 23.4% | 62 | 52 |
| rua São Francisco Xavier | Active | €279,000 | €2,268 | 0.3% | 60 | 56 |
| urbanização Vila S | Active | €406,000 | €1,742 | 23.4% | 70 | 52 |
| rua Francisco Caçoete Romão, 20 | Active | €275,000 | €2,500 | 9.8% | 72 | 48 |
| Median comp | €342,500 | €2,005 | 11.9% | 66 | 52 |
Buy-and-hold This property in Pinhal Novo is priced at €437,000, slightly above its fair value of €419,506, indicating a potential stagnation in price growth over time. The gross yield of 3.7% reflects average performance, suggesting modest returns suited for long-term investment but not for rapid appreciation. Family rental With a quality rating of 62/100 for condition and 59/100 for the neighborhood, this apartment offers adequate living space for families amidst moderate amenities nearby. The gap from fair value at 4.2% further emphasizes its solid, yet not exceptional, positioning in the family rental market, providing reasonable stability without high growth potential.
Economic Vulnerability The property faces potential financial instability due to its low Economic stability score of 55/100, suggesting susceptibility to market fluctuations and economic downturns.
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
