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 house of 115 m², built in 1968, energy rating E. Located on rua Camilo Castelo Branco, Pinhal Novo parish, Palmela municipality, Setúbal district. This property features premium interior finishes, including stone-effect tiles and custom LED-lit walk-in closets, enhancing its modern aesthetic and functionality.
The valuation. The asking price of €600,000 is significantly above the fair value of €485,766, reflecting an overpricing of €114,234, or 23.5%. This discrepancy suggests potential challenges in achieving a favorable return on investment.
Fair value modelled at €485,766 from 6 comparable sales in the area. Asking €600,000 sits €114,234 (23.5%) above — overpriced versus fair value.
Asking €600,000 versus the rua Camilo Castelo Branco area baseline of €435,630 (€3,788/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 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 €435,630, adjusted for condition and micro-location, gives a modelled fair value of €485,766 (€4,224/m²), a €114,234 (23.5%) gap versus the €600,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Camilo Castelo Branco | Subject | €600,000 | €5,217 | — | 84 | 51 |
| travessa do Agricultor S / N | Active | €985,000 | €5,104 | 2.2% | 70 | 63 |
| rua Aceiro da Costa S / N | Active | €900,000 | €7,627 | 46.2% | 80 | 54 |
| Pinhal Novo · 8751ac | Active | €599,000 | €3,423 | 34.4% | 76 | 55 |
| travessa do Agricultor | Active | €995,000 | €5,025 | 3.7% | 75 | 52 |
| Median comp | €942,500 | €5,065 | 2.9% | 76 | 55 |
Long-term rental This property represents an unsustainable investment for long-term rental opportunities given its gross yield of only 1.7%, which is unappealing compared to market expectations. At a valuation of €600,000, the price exceeds the fair value by 23.5%, indicating that the property is overpriced. Family rental For family rental purposes, this house is not an attractive option due to its positioning in a neighborhood that scores only 51/100 in terms of quality and amenities. With the listing price considerably higher than its fair value, it is clear that this property is overpriced for families seeking a good living environment. Buy-and-hold Considering a buy-and-hold strategy, the significant gap of 23.5% above fair value suggests an unattractive entry point into this investment. The low gross yield and average neighborhood rating further support the conclusion that this property is overpriced, making it a less favorable long-term asset option.
Economic and Tenant Stability Risk The combined scores of 55 for economic stability and 50 for tenant stability suggest a high risk of tenant turnover and rental income volatility, potentially impacting cash flow and property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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