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 143 m² on the 2nd floor, built in 2008, energy rating C. Located on rua Infante Dom Henrique, Pinhal Novo parish, Palmela municipality, Setúbal district. Noteworthy Features: The apartment includes a cozy fireplace that enhances its ambiance and a substantial 20 m² storage room for versatile use. Localização Privilegiada: Esta propriedade está situada a apenas 600 metros da estação de comboios, facilitando o transporte e a mobilidade. Resultado da Avaliação: ao preço justo.
The valuation. The asking price of €355,000 sits €14,994 (4.1%) below fair value, which is €369,994. This positions the property as fairly priced in the current market. Buy-to-flip angle. Given the property’s condition at 82/100 and high-quality materials, a resale strategy focusing on minor renovations can potentially yield substantial profits in a competitive market. Buy-to-let angle. With an estimated rental income of €1,065/month, the gross yield stands at 3.6%, which can generate steady cash flow from this well-appointed apartment.
Fair value modelled at €369,994 from 6 comparable sales in the area. Asking €355,000 sits €14,994 (4.1%) below — the upside to fair value.
Asking €355,000 versus the rua Infante Dom Henrique area baseline of €311,507 (€2,178/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 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 €311,507, adjusted for condition and micro-location, gives a modelled fair value of €369,994 (€2,587/m²), a €14,994 (4.1%) gap versus the €355,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Infante Dom Henrique | Subject | €355,000 | €2,483 | — | 78 | 47 |
| rua Dom Francisco de Almeida, 26 | Active | €324,900 | €2,372 | 4.5% | 85 | 53 |
| rua José Afonso, 9 | Active | €420,000 | €2,471 | 0.5% | 72 | 56 |
| Pinhal Novo · 626ffb | Active | €289,000 | €2,651 | 6.8% | 74 | 49 |
| Pinhal Novo · ade5ca | Active | €365,000 | €3,017 | 21.5% | 73 | 58 |
| Median comp | €344,950 | €2,561 | 3.2% | 74 | 55 |
Long-term rental The property offers a moderately attractive gross yield of 3.6%, which can be appealing for long-term rental investors despite its fair valuation status. Given the rural area's high safety, it may attract long-term tenants valuing stability over urban amenities. Value-add renovation With a condition rating of 82/100, the apartment presents opportunities for improvement, potentially increasing its rental attractiveness and future value. However, the property’s current valuation reflects a fair market price, suggesting that investors may need to consider renovation costs carefully to achieve desired returns.
High Economic Instability The property is at risk due to a low economic stability score of 35/100, indicating potential challenges in attracting and retaining tenants, affecting overall 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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