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 76 m² on the 3rd floor. Located on rua Gago Coutinho e Sacadura Cabral, 103, Pinhal Novo parish, Palmela municipality, Setúbal district. Noteworthy Features: The apartment boasts an elevated third-floor position providing unobstructed views and abundant natural light, enhancing its appeal for both personal living and investment opportunities.
The valuation. The asking price of €279,900 is significantly above its fair value of €233,415, resulting in an excess of €46,485 (19.9%). This indicates that the property is overpriced.
Fair value modelled at €233,415 from 6 comparable sales in the area. Asking €279,900 sits €46,485 (19.9%) above — overpriced versus fair value.
Asking €279,900 versus the rua Gago Coutinho e Sacadura Cabral, 103 area baseline of €231,514 (€3,046/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 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 €231,514, adjusted for condition and micro-location, gives a modelled fair value of €233,415 (€3,071/m²), a €46,485 (19.9%) gap versus the €279,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Gago Coutinho e Sacadura Cabral, 103 | Subject | €279,900 | €3,683 | — | 65 | 58 |
| Pinhal Novo · 0019f6 | Active | €265,000 | €2,624 | 28.8% | 70 | 53 |
| urbanização Salgueirinha Centro | Active | €283,000 | €2,830 | 23.2% | 70 | 53 |
| rua do Monte Novo, 24 | Active | €259,900 | €3,512 | 4.6% | 70 | 48 |
| rua de Cabo Verde | Active | €265,000 | €2,819 | 23.5% | — | 55 |
| Median comp | €265,000 | €2,825 | 23.3% | 70 | 53 |
Long-term rental The property presents a gross yield of 3.1%, indicating limited income potential relative to its asking price. Given the neighborhood's average condition score of 58/100, attracting consistent long-term tenants may be challenging. Family rental While the apartment's size may appeal to families seeking rental options, the property is still overpriced by 19.9% compared to its fair value. The semi-rural character of the location, combined with a neighborhood score of 58/100, suggests that family demand may not be robust enough to justify the current asking price. Buy-and-hold As an investment for a buy-and-hold strategy, the property is overpriced at €279,900, exceeding its fair value by nearly 20%. The average amenities and economic conditions in the area do not support the expectation of significant appreciation in property value over the long term.
Economic Vulnerability The economic stability score of 55 indicates a higher risk of economic fluctuations that may impact property value and tenant turnover rates. The tenant stability score of 60 suggests some level of reliability, but still poses potential risk for occupancy issues in unstable economic conditions.
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
