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, 3-bathroom house of 352 m², built in 1969, energy rating D. Located Pinhal Novo parish, Palmela municipality, Setúbal district. Noteworthy Features: The property boasts a large, transformed garage providing versatile space and an attic with significant development potential perfect for customized living or entertainment areas.
The valuation. The asking price of €590,000 sits €112,636 (16.0%) below the fair value of €702,636, indicating it is underpriced and offers a significant opportunity for potential investors.
Fair value modelled at €702,636 from 6 comparable sales in the area. Asking €590,000 sits €112,636 (16.0%) below — the upside to fair value.
Asking €590,000 versus the Pinhal Novo, Palmela, Setúbal area baseline of €659,834 (€1,875/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 69/100 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 €659,834, adjusted for condition and micro-location, gives a modelled fair value of €702,636 (€1,996/m²), a €112,636 (16.0%) gap versus the €590,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Pinhal Novo · 5b88dd | Subject | €590,000 | €1,676 | — | 70 | 56 |
| Pinhal Novo · a80be3 | Active | €515,000 | €1,996 | 19.1% | 70 | 44 |
| herdade Palma S / N | Active | €999,000 | €125 | 92.5% | — | 50 |
| Pinhal Novo · cc9c82 | Active | €515,000 | €1,996 | 19.1% | 70 | 58 |
| rua da Agropecuária S / N | Active | €685,000 | €2,306 | 37.6% | 60 | 50 |
| Median comp | €600,000 | €1,996 | 19.1% | 70 | 50 |
Long-term rental The property offers a long-term rental yield of 4.2%, indicating a steady income potential for investors. With a fair value of €702,636, the listing price of €590,000 represents a significant saving that can enhance cash flow stability. Family rental This spacious 5-bed house in Pinhal Novo is well-suited for families, given its size and layout. It is priced at €590,000, which is appealing when considering the community's amenities and the potential tenant base. Buy-and-hold With a current listing price that is 16% below its fair value, this property is a promising buy-and-hold investment. Its reasonable yield and solid market position suggest potential for appreciation over time in a growing suburban area.
Economic and Tenant Instability Risk The economic stability score of 55 indicates potential volatility in the local market, which, combined with a tenant stability score of 65, suggests a risk of unpredictable rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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