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 88 m², built in 1988, energy rating D. Located on rua Febo Moniz, Pinhal Novo parish, Palmela municipality, Setúbal district. Noteworthy Features: This apartment benefits from a private balcony, offering unobstructed views, and is located just 10 minutes from the town center, enhancing its appeal for urban living.
The valuation. The asking price of €198,000 is €11,237 (5.4%) below the fair value of €209,237, positioning this property as fairly priced within the current market framework.
Fair value modelled at €209,237 from 6 comparable sales in the area. Asking €198,000 sits €11,237 (5.4%) below — the upside to fair value.
Asking €198,000 versus the rua Febo Moniz area baseline of €236,294 (€2,685/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 49/100 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 €236,294, adjusted for condition and micro-location, gives a modelled fair value of €209,237 (€2,378/m²), a €11,237 (5.4%) gap versus the €198,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Febo Moniz | Subject | €198,000 | €2,250 | — | 50 | 57 |
| avenida Natália Correia | Active | €437,000 | €2,276 | 1.2% | 65 | 59 |
| Pinhal Novo · 19f649 | Active | €215,000 | €2,529 | 12.4% | 70 | 53 |
| rua Dom Sancho I | Active | €240,000 | €2,353 | 4.6% | 55 | 44 |
| avenida Capitães de Abril | Active | €197,000 | €2,402 | 6.8% | 60 | 49 |
| Median comp | €227,500 | €2,378 | 5.7% | 63 | 51 |
Family rental The property is priced fairly at €198,000, which is just 5.4% below its fair market value of €209,237. With a gross yield of 4.8%, it can be an attractive option for families seeking long-term rental accommodation in this suburban area. Long-term rental At €198,000, this apartment aligns closely with its fair value, suggesting a stable investment for long-term rental in the limited local job market. The neighborhood's score of 57/100 indicates a reasonable quality for potential long-term tenants but highlights the importance of comprehensive tenant screening given the economic environment.
Low Economic Stability Risk The economic stability score of 45/100 indicates a potentially volatile market environment, increasing the risk of fluctuating rental incomes and tenant disruptions.
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
