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 apartment of 136 m² on the 2nd floor, built in 2003, energy rating B. Located Pinhal Novo parish, Palmela municipality, Setúbal district. The apartment features a striking curved architectural facade, enhancing its aesthetic appeal while providing a unique character to the residential building.
The asking price of €393,500 is above our estimated fair value of €310,000, indicating a gap of €83,500 or 21.2% downside versus the asking price. Confidence in this fair value assessment is medium. Rental yield. The estimated gross yield is 5.1% before costs and vacancy.
The asking price is above the fair value. We calculated fair value using a combination of two models: the Transaction model, which is based on recent sales in Pinhal Novo (158 sales in the last four quarters), and the Adjusted asking-price model, which adjusts current listings to reflect sale levels. This combination gives more weight to the Transaction model (55%) than to the Adjusted asking-price model (45%). No conservative adjustments were applied to this property. The computed fair value is €310,000, meaning the asking price of €393,500 is above this fair value, resulting in a downside of 21.2% in relation to the asking price. Confidence in this valuation is medium.
Gross yield 5.1% (before costs)
No specific strategy stands out for this property.
The asking price of €393,500 significantly exceeds the fair value of €310,000, indicating a 21.2% downside versus the asking price. While the property features a reasonable gross yield of 5.1% and is in decent condition, its moderate neighborhood rating suggests potential challenges for long-term appreciation. Investors should carefully assess these factors in relation to their investment goals before proceeding.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk Both the economic stability and tenant stability scores sit at a low 50 out of 100, indicating a heightened risk of fluctuating rental income and occupancy challenges. Fair value certainty risk The fair value is assessed at €310,000, but with medium confidence and a lack of micro-location transaction data, there is an inherent uncertainty about its precise correctness.
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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