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 85 m² on the 3rd floor, built in 1988, energy rating F. Located on rua Febo Moniz, Pinhal Novo parish, Palmela municipality, Setúbal district. This apartment features a sunroom, enhancing utility for laundry management and offering additional light, while its proximity to the Pinhal Novo Train Station ensures convenient access to Lisbon.
The asking price of €229,000 is below the fair value of €238,000, indicating that the asking price is not in a favorable position for investment. The estimated gross yield stands at 4.5%.
The fair value of this property is built through a combination of two models. The Transaction model relies on real transaction data from 233 recorded sales in Pinhal Novo, while the Adjusted asking-price model incorporates current listings with adjustments to align asking prices with sale levels. These models are blended, with 55% weight given to the Transaction model and 45% to the Adjusted asking-price model. For this property, no conservative adjustments were applied. Ultimately, the fair value is determined at €238,000, leading to a conclusion that the asking price is in line with the fair value; specifically, the fair value is €9,000 (3.9%) above the asking price, with high confidence.
Gross yield 4.5% (before costs)
No specific strategy stands out for this property.
Investors should consider the location of the property in Pinhal Novo, which scores moderately, and its condition rating of 72/100, indicating it may require some maintenance. The asking price of €229,000 is slightly below the fair value of €238,000, offering a modest upside potential of 3.9% compared to the asking price. Overall, the asking price is in line with the fair value, reflecting a stable investment opportunity.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant instability risk The property faces economic and tenant instability with scores of 50/100, indicating potential challenges in securing reliable rental income and maintaining tenancy.
Grade AFindings: 0
Confirmed findings from our checks of this listing. They inform; they do not change the valuation.
No confirmed issues.
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Models 3.4.3 (Data quality v3 · Valuation v4.2 · Strategy v3.1)
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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