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 house of 90 m². Located Pinhal Novo parish, Palmela municipality, Setúbal district. This property includes a spacious 2500m² outdoor area, ideal for gardening or recreational activities, enhancing its appeal for potential buyers seeking outdoor space.
The valuation. The asking price of €360,000 sits slightly below the fair value of €371,864, presenting a gap of €11,864 (3.2%). This property is deemed fairly priced based on its current market status.
Fair value modelled at €371,864 from 6 comparable sales in the area. Asking €360,000 sits €11,864 (3.2%) below — the upside to fair value.
Asking €360,000 versus the Pinhal Novo, Palmela, Setúbal area baseline of €395,378 (€4,393/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 44/100 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 €395,378, adjusted for condition and micro-location, gives a modelled fair value of €371,864 (€4,132/m²), a €11,864 (3.2%) gap versus the €360,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Pinhal Novo · 76ac57 | Subject | €360,000 | €4,000 | — | 42 | 59 |
| rua Vasco da Gama, 13 | Active | €195,000 | €3,824 | 4.4% | 28 | 51 |
| rua Vasco da Gama | Active | €330,000 | €4,400 | 10.0% | 52 | 56 |
| Pinhal Novo · 51b4c3 | Active | €348,000 | €2,578 | 35.6% | — | 54 |
| Pinhal Novo · 4d47d5 | Active | €930,000 | €11,481 | 187.0% | — | 47 |
| Median comp | €339,000 | €4,112 | 2.8% | 40 | 53 |
Long-term rental The current listing price of €360,000 is fairly aligned with its fair value of €371,864, making it a reasonable option for long-term rental investors. With a gross yield of 2.6%, the property presents a stable investment, albeit with modest returns. Family rental This property’s location in Pinhal Novo offers access to amenities and education, making it suitable for family renters seeking a decent environment. Although the property is fairly priced at €360,000, the slightly low condition score of 44/100 may require some investment to ensure attractiveness to families. Buy-and-hold As a buy-and-hold investment, this property is reasonably priced, providing a fair entry point into the Pinhal Novo housing market. However, with a low gross yield of 2.6% and a condition score of 44/100, potential appreciation may be hindered in the near term. Not ideal for luxury market The property is not appropriate for luxury market investments, as its pricing and condition do not support premium positioning. Given the average neighborhood score of 59/100, it lacks the high-end appeal sought by luxury buyers. Not ideal for short-term vacation rental With a fair valuation and a low yield of 2.6%, this property is not suitable for short-term vacation rentals, which typically require higher returns. The area’s average amenities further suggest limited attractiveness for this rental strategy. Not ideal for student housing The property’s fair pricing and condition score of 44/100 indicate it is less suited for student housing, where demand often favors better-maintained homes. Additionally, the overall neighborhood quality does not align with the expectations of student renters.
Economic and Tenant Instability Both the economic stability and tenant stability scores are at a moderate level of 60/100, indicating a risk of potential income volatility and difficulties in maintaining low vacancy rates due to uncertain 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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