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 151 m² on the 1st floor, built in 2012, energy rating C. Located Pinhal Novo parish, Palmela municipality, Setúbal district. Noteworthy Features: The apartment features a spacious living room designed for entertaining and a private garage box, enhancing both comfort and security for family living.
The valuation. The asking price of €431,000 is significantly above its fair value of €343,097, by €87,903 (25.6%), indicating the property is overpriced.
Fair value modelled at €343,097 from 6 comparable sales in the area. Asking €431,000 sits €87,903 (25.6%) above — overpriced versus fair value.
Asking €431,000 versus the Pinhal Novo, Palmela, Setúbal area baseline of €359,685 (€2,382/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 58/100 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 €359,685, adjusted for condition and micro-location, gives a modelled fair value of €343,097 (€2,272/m²), a €87,903 (25.6%) gap versus the €431,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Pinhal Novo · 6530a8 | Subject | €431,000 | €2,854 | — | 60 | 48 |
| avenida Natália Correia, 198 | Active | €406,000 | €1,742 | 39.0% | 62 | 52 |
| rua São Francisco Xavier | Active | €279,000 | €2,268 | 20.5% | 60 | 56 |
| urbanização Vila S | Active | €406,000 | €1,742 | 39.0% | 70 | 52 |
| avenida Natália Correia | Active | €437,000 | €2,276 | 20.3% | 65 | 59 |
| Median comp | €406,000 | €2,005 | 29.8% | 64 | 54 |
Long-term rental The property is overpriced at €431,000, with a fair value of €343,097, indicating a significant gap of 25.6%. With a gross yield of only 3.2%, the investment does not justify the high asking price in a neighborhood rated at only 48/100. Buy-and-hold Holding this property would be challenging due to its overpriced listing and low condition score of 58/100. Given the 25.6% gap to fair value, potential appreciation in a rural area with limited amenities is unlikely to meet investor expectations. Not ideal for Short-term vacation rental, Luxury market, Student housing
[Economic Instability Risk] The property faces a significant risk due to its low economic stability score of 40/100, which may lead to decreased demand and potential income fluctuations for tenants.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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