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 105 m² on the 3rd floor, built in 1988, energy rating D. Located on rua São Francisco Xavier, Pinhal Novo parish, Palmela municipality, Setúbal district. Unique Feature: The apartment offers a top-floor storage room that provides additional utility, complementing the functional living space and enhancing potential for organization and personal storage needs.
The valuation. The asking price of €249,000 sits slightly above the fair value of €236,870 by €12,130 (5.1%). This indicates a fair assessment of the property within its market context.
Fair value modelled at €236,870 from 6 comparable sales in the area. Asking €249,000 sits €12,130 (5.1%) above — overpriced versus fair value.
Asking €249,000 versus the rua São Francisco Xavier area baseline of €227,603 (€2,168/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 €227,603, adjusted for condition and micro-location, gives a modelled fair value of €236,870 (€2,256/m²), a €12,130 (5.1%) gap versus the €249,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua São Francisco Xavier | Subject | €249,000 | €2,371 | — | 72 | 56 |
| rua Antero de Quental, 12B | Active | €285,000 | €2,545 | 7.3% | 70 | 58 |
| rua Joao de Deus, 17 | Active | €275,000 | €2,236 | 5.7% | 60 | 52 |
| rua Francisco Caçoete Romão, 20 | Active | €275,000 | €2,500 | 5.4% | 72 | 48 |
| urbanização Vila S | Active | €406,000 | €1,742 | 26.5% | 70 | 52 |
| Median comp | €280,000 | €2,368 | 0.1% | 70 | 52 |
Buy-and-hold This 3-bed apartment in Pinhal Novo represents a fair value investment opportunity with only a 5.1% gap from the fair value. With a gross yield of 4.5%, it is positioned to provide steady returns over time, although growth may be slow due to limited local amenities and economic stability. Long-term rental The rental potential of this apartment aligns with market expectations given its fair value designation, allowing for consistent rental income. However, the mixed economic stability and moderate neighborhood score indicate that tenant quality may vary, impacting long-term rental agreements.
Low economic risk With an economic stability score of 40/100, there is a significant risk of fluctuating market conditions affecting property values and rental income. Tenant turnover risk With a tenant stability score of 50/100, the potential for frequent tenant turnover may lead to increased vacancy rates and costs associated with finding new 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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