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 111 m², built in 2010, energy rating D. Located on rua Maria Eduarda Ferreira, 3, Pinhal Novo parish, Palmela municipality, Setúbal district. Noteworthy Features: The apartment offers attic storage accessible by stairs and elevator, enhancing its practicality for families or investors in a sought-after residential area in Pinhal Novo.
The valuation. The asking price of €342,000 is positioned slightly above the fair value of €325,432, representing an overage of €16,568 (5.1%). This property can be considered fairly priced given its high-quality features.
Fair value modelled at €336,675 from 6 comparable sales in the area. Asking €335,100 sits €1,575 (0.5%) below — the upside to fair value.
Asking €335,100 versus the rua Maria Eduarda Ferreira area baseline of €272,626 (€2,097/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 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 €272,626, adjusted for condition and micro-location, gives a modelled fair value of €336,675 (€2,590/m²), a €1,575 (0.5%) gap versus the €335,100 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Maria Eduarda Ferreira | Subject | €335,100 | €2,578 | — | 82 | 53 |
| Pinhal Novo · 225afc | Active | €392,500 | €1,685 | 34.6% | 75 | 54 |
| Pinhal Novo · 829054 | Active | €297,500 | €2,656 | 3.0% | 72 | 51 |
| rua Padre José Estevens Dias, 125 | Active | €270,000 | €2,523 | 2.1% | 82 | 54 |
| Pinhal Novo · 19f494 | Active | €335,000 | €2,991 | 16.0% | 70 | 54 |
| Median comp | €316,250 | €2,590 | 0.5% | 74 | 54 |
Long-term rental The property in Pinhal Novo is positioned to provide stable long-term rental income with a gross yield of 3.5%. Given the neighborhood score of 53/100, it will attract tenants looking for reasonable living conditions without high expectations. Family rental With its 3-bedroom layout, this apartment is well-suited for family rentals, appealing to households needing space. However, the fair value assessment indicates that the property is priced at €342,000, which is slightly above the calculated fair value of €325,432, suggesting competitive yet accessible pricing in the family rental market.
Low Economic Growth Risk With an economic stability score of 45/100, there is a significant risk that the property may not appreciate in value or attract high-quality tenants, negatively impacting investment returns.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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