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 206 m² on the 1st floor, built in 2012, energy rating C. Located on avenida Natália Correia S / N, Pinhal Novo parish, Palmela municipality, Setúbal district. Noteworthy Features: The property boasts a spacious 31m² garage and a large terrace directly accessible from the kitchen, enhancing outdoor living options for residents.
The valuation. The asking price of €450,000 is just slightly below the fair value of €454,527, making it a fair buy with a difference of only €4,527 (1.0%). Buy-to-flip angle. This property can be targeted for a quick resale strategy, capitalizing on minor renovations to elevate its appeal and potentially increase the selling price within a short timeframe. Buy-to-let angle. With an estimated monthly rental income of €1,425, the property could yield a gross return of 3.8%, making it a viable option for long-term cash flow in a semi-rural location.
Fair value modelled at €454,527 from 6 comparable sales in the area. Asking €450,000 sits €4,527 (1.0%) below — the upside to fair value.
Asking €450,000 versus the avenida Natália Correia S / N area baseline of €400,690 (€1,945/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 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 €400,690, adjusted for condition and micro-location, gives a modelled fair value of €454,527 (€2,206/m²), a €4,527 (1.0%) gap versus the €450,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Natália Correia S / N | Subject | €450,000 | €2,184 | — | 70 | 48 |
| avenida Natália Correia | Active | €406,000 | €2,137 | 2.2% | 70 | 48 |
| avenida Natália Correia | Active | €437,000 | €2,276 | 4.2% | 65 | 59 |
| Pinhal Novo · 225afc | Active | €392,500 | €1,685 | 22.9% | 75 | 54 |
| rua São Francisco Xavier | Active | €249,000 | €2,371 | 8.6% | 72 | 56 |
| Median comp | €399,250 | €2,207 | 1.0% | 71 | 55 |
Buy-and-hold The property in Pinhal Novo is priced at €450,000, marginally below its fair value of €454,527, indicating a stable investment for long-term income. With a gross yield of 3.8%, it offers modest returns in a semi-rural area with access to urban centers for potential tenant attraction. Value-add renovation While the current condition rating of 75/100 suggests tolerable standards, enhancing the property could attract higher-paying tenants and increase future cash flow. However, with the property priced fairly, the return on renovation investments should be carefully evaluated against market conditions in the area. Family rental Given its three bedrooms, this apartment is ideally suited for families seeking residence in a semi-rural setting close to urban amenities. Nevertheless, the neighborhood's low score of 48/100 suggests that while it meets functional needs, it may not appeal to demand for family-oriented living, keeping a lid on rental potential. Not ideal for: Student housing, Luxury market, Short-term vacation rental Due to the area’s characteristics and the property’s valuation, it does not represent a suitable investment for short-term rentals or upscale markets, potentially limiting its appeal to traditional renting strategies.
Economic Vulnerability The combination of a low economic stability score of 45/100 and a moderately low tenant stability score of 55/100 suggests a heightened risk of fluctuating property values and potential tenant turnover.
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
