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 115 m² on the 2nd floor, energy rating C. Located on rua Francisco Lyon de Castro, Pinhal Novo parish, Palmela municipality, Setúbal district. Noteworthy Features: The apartment boasts an impressive 14.50 m² storage room and substantial natural light from its excellent solar exposure, enhancing both functionality and ambiance.
The valuation. The asking price of €325,000 is positioned just below the fair value of €329,853, representing a slight difference of €4,853 or 1.5%. The property can be considered fairly valued in the current market.
Fair value modelled at €329,853 from 6 comparable sales in the area. Asking €325,000 sits €4,853 (1.5%) below — the upside to fair value.
Asking €325,000 versus the rua Francisco Lyon de Castro area baseline of €304,101 (€2,644/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 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 €304,101, adjusted for condition and micro-location, gives a modelled fair value of €329,853 (€2,868/m²), a €4,853 (1.5%) gap versus the €325,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Francisco Lyon de Castro | Subject | €325,000 | €2,826 | — | 70 | 55 |
| Pinhal Novo · 6273cd | Active | €335,000 | €2,913 | 3.1% | 70 | 57 |
| rua Gil Vicente, 6D | Active | €288,000 | €2,824 | 0.1% | 70 | 63 |
| Pinhal Novo · ade5ca | Active | €365,000 | €3,017 | 6.7% | 73 | 58 |
| Pinhal Novo · 626ffb | Active | €289,000 | €2,651 | 6.2% | 74 | 49 |
| Median comp | €312,000 | €2,869 | 1.5% | 72 | 58 |
Long-term rental The 3-bed apartment in Pinhal Novo is priced at €325,000, which is very close to its fair value of €329,853, indicating a fair market assessment. With a gross yield of 3.3%, this property offers stable income potential, although the slightly lower condition and neighborhood ratings suggest limited upside for long-term tenant appeal. Buy-and-hold Investing in this property for the long term may yield moderate returns, given its fair valuation and a gross yield of 3.3%. However, the average neighborhood score of 55/100 might restrict future appreciation, making it essential for buyers to prioritize stable cash flow over capital gains.
Economic Vulnerability The property may face challenges due to a low economic stability score of 45/100, indicating potential fluctuations in market demand and tenant retention.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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