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.
5-bedroom, 4-bathroom house of 230 m², built in 2012, energy rating B. Located Pinhal Novo parish, Palmela municipality, Setúbal district. Noteworthy Features: This property offers a fenced land area suitable for cultivation or livestock, providing additional versatility beyond typical residential use. Localização: O imóvel dispõe de uma área de terreno vedada adequada para cultivo ou criação de animais, proporcionando versatilidade adicional além do uso residencial típico.
The valuation. The asking price of €990,000 exceeds the fair value of €699,909 by €290,091, translating to an overpricing of 41.4%. This property is significantly above its market worth, suggesting it may not be a prudent investment choice.
Fair value modelled at €699,909 from 6 comparable sales in the area. Asking €990,000 sits €290,091 (41.4%) above — overpriced versus fair value.
Asking €990,000 versus the Pinhal Novo, Palmela, Setúbal area baseline of €579,891 (€2,521/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 86/100 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 €579,891, adjusted for condition and micro-location, gives a modelled fair value of €699,909 (€3,043/m²), a €290,091 (41.4%) gap versus the €990,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Pinhal Novo · 3750fa | Subject | €990,000 | €4,304 | — | 80 | 53 |
| Pinhal Novo · 6c79b8 | Active | €1,050,000 | €4,375 | 1.6% | 75 | 56 |
| Pinhal Novo · 9387dd | Active | €950,000 | €3,862 | 10.3% | — | 48 |
| Pinhal Novo · 6fbb97 | Active | €630,000 | €2,432 | 43.5% | 74 | 54 |
| estrada das Carrascas, 1 | Active | €1,250,000 | €2,572 | 40.2% | 78 | 54 |
| Median comp | €1,000,000 | €3,217 | 25.3% | 75 | 54 |
Long-term rental This 5-bed house in Pinhal Novo, Palmela, is currently overpriced by 41.4%, compared to its fair value of €699,909. With a low gross yield of 1.9% and a neighbourhood rating of 53/100, this property may struggle to provide adequate returns for long-term rental investments. Buy-and-hold The high acquisition cost of €990,000 relative to its fair value indicates that this property is overpriced, limiting its growth potential in a market where proximity to Lisbon is a disadvantage. Given the condition score of 86/100, while the property may seem appealing, the overall economic and housing realities make this a less attractive buy-and-hold strategy.
Potential Tenant Turnover Due to a low tenant stability score of 50/100, there is a heightened risk of tenant turnover which could lead to increased vacancy rates and costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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