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.
2-bedroom, 1-bathroom apartment of 70 m², energy rating C. Located on rua 7 Fevereiro, Pinhal Novo parish, Palmela municipality, Setúbal district. Noteworthy Features: This apartment features a welcoming balcony that enhances outdoor living and provides a perfect spot for relaxation, along with dedicated parking for added convenience.
The valuation. The asking price of €219,000 sits just below the fair value of €227,889, reflecting a mere 3.9% difference. The property is accurately valued and presents no major concerns. Buy-to-flip angle. The strategy centers on a potential resale after minor renovations, targeting a quick flip in the moderately stable market of Pinhal Novo. Short-term returns may be achievable through strategic improvements. Buy-to-let angle. The rental income strategy forecasts a gross yield of 3.9%, with estimated monthly rent around €712. This long-term rental option is suitable for families seeking suburban living close to Setúbal.
Fair value modelled at €227,889 from 6 comparable sales in the area. Asking €219,000 sits €8,889 (3.9%) below — the upside to fair value.
Asking €219,000 versus the rua 7 Fevereiro area baseline of €228,004 (€3,257/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 63/100 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 €228,004, adjusted for condition and micro-location, gives a modelled fair value of €227,889 (€3,256/m²), a €8,889 (3.9%) gap versus the €219,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua 7 Fevereiro | Subject | €219,000 | €3,129 | — | 65 | 49 |
| Pinhal Novo · 8ee6da | Active | €240,000 | €2,697 | 13.8% | 62 | 46 |
| Pinhal Novo · 1f36e3 | Active | €399,000 | €4,156 | 32.8% | 74 | 53 |
| rua José Saramago, 26 | Active | €260,000 | €2,889 | 7.7% | 70 | 49 |
| Pinhal Novo · 4bc6a3 | Active | €280,000 | €3,111 | 0.6% | 65 | 48 |
| Median comp | €270,000 | €3,000 | 4.1% | 68 | 49 |
Long-term rental With a fair value of €227,889, the 2-bed apartment in Pinhal Novo is priced at €219,000, representing a minor 3.9% gap. The gross yield of 3.9% indicates stable income potential, but the moderate condition score of 63/100 suggests there may be some maintenance considerations needed over time. Family rental This property is situated in a suburban area close to Setúbal, offering a decent living option for families despite a neighbourhood rating of 49/100. The proximity to amenities and potential for a long-term tenant demographic makes this apartment a reasonable choice for family rentals, notwithstanding its ordinary condition.
Economic Vulnerability The property's economic stability score of 45/100 indicates a significant risk in the local economy, which may affect tenant retention and rental income.
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
