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 112 m², built in 1985, energy rating D. Located on rua Antero de Quental, 12B, Pinhal Novo parish, Palmela municipality, Setúbal district. Key Feature: This apartment includes a spacious attic for storage, enhancing organization and maximizing the use of living space in the heart of Pinhal Novo.
The valuation. The asking price of €285,000 is €35,152 (14.1%) above the fair value of €249,848, indicating the property is overpriced. This valuation suggests caution for potential investors considering its market positioning. Buy-to-flip angle. A buy-to-flip strategy would aim to enhance property appeal and resale value, potentially targeting a market price closer to fair value after cosmetic improvements and minor renovations. Buy-to-let angle. The estimated rental income of €950 per month results in a gross yield of 4%, making it a relatively moderate investment for long-term rental within a neighborhood noted for mixed demand and fluctuating rental stability.
Fair value modelled at €249,848 from 6 comparable sales in the area. Asking €285,000 sits €35,152 (14.1%) above — overpriced versus fair value.
Asking €285,000 versus the rua Antero de Quental, 12B area baseline of €238,985 (€2,134/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 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 €238,985, adjusted for condition and micro-location, gives a modelled fair value of €249,848 (€2,231/m²), a €35,152 (14.1%) gap versus the €285,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Antero de Quental, 12B | Subject | €285,000 | €2,545 | — | 70 | 58 |
| rua Joao de Deus, 17 | Active | €275,000 | €2,236 | 12.1% | 60 | 52 |
| rua Francisco Caçoete Romão, 20 | Active | €275,000 | €2,500 | 1.8% | 72 | 48 |
| avenida Natália Correia | Active | €406,000 | €2,137 | 16.0% | 70 | 48 |
| Pinhal Novo · f14ce6 | Active | €276,000 | €2,226 | 12.5% | 72 | 55 |
| Median comp | €275,500 | €2,231 | 12.3% | 71 | 50 |
Buy-and-hold This property is overpriced at €285,000, representing a significant gap of 14.1% compared to its fair value of €249,848. With a gross yield of only 4% and located in a peripheral area with limited demand, long-term appreciation potential seems limited. Long-term rental The current listing price of €285,000 is not justified, as it exceeds the fair value by 14.1%, indicating that this investment may not meet anticipated rental return standards. Moreover, the property's condition rating of 68/100 and a neighbourhood quality score of 58/100 suggest that tenant demand could be weaker in this area, further complicating rental prospects.
Weak economic resilience The property's economic stability score of 55/100 indicates potential vulnerability to market fluctuations, which could impact rental income and long-term value.
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