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, 1-bathroom house of 91 m², built in 1983, energy rating E. Located Pinhal Novo parish, Palmela municipality, Setúbal district. Despite its neglect, the property features original decorative azulejo tiles and hardwood flooring, suggesting high-quality craftsmanship that could be restored during renovations.
The asking price of €370,000 is significantly above our assessed fair value of €175,000, indicating a negative pricing gap of €195,000; thus, confidence in this fair value assessment is low.
The property's fair value is derived from a blend of two models. The Transaction model utilizes real transaction data from the parish of Pinhal Novo, accounting for 70% of the valuation, while the Adjusted asking-price model, which relies on current listings and adjusts asking prices to sale level, contributes 30%. Conservative adjustments for estimated works are applied, leading to a fair value of €175,000, which is 10.1% below the central asking price estimate of €195,000. Consequently, the asking price is above the fair value, reflecting a significant gap of 52.7% downside versus the asking price. Confidence in this estimate is low.
No specific strategy stands out for this property.
Investors should carefully evaluate the significant disparity between the asking price of €370,000 and the fair value of €175,000, indicating a substantial 52.7% downside versus the asking price. Additionally, the property is located in a peripheral rural area with a low condition score of 37, suggesting potential concerns regarding the property’s upkeep and appeal in such a location. Overall, the asking price is above the fair value, reflecting a cautious outlook toward this investment opportunity.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The economic stability score of 45/100 and tenant stability score of 55/100 indicate a potential risk in maintaining reliable rental income due to market and occupant uncertainties. Fair value certainty risk The valuation carries low confidence, as it lacks transaction micro-location data and the estimates differ significantly, raising concerns about the accurate fair value of €175,000.
Grade AFindings: 0
Confirmed findings from our checks of this listing. They inform; they do not change the valuation.
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Models 3.4.3 (Data quality v3 · Valuation v4.1 · Strategy v3.1)
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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