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 151 m², built in 2005, energy rating B. Located on rua de São José Operário, Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. This apartment benefits from continuous balconies on both façades, significantly enhancing outdoor space and allowing abundant natural light throughout the living areas.
The valuation. The asking price of €427,000 sits significantly above its fair value of €272,940, marking an excess of €154,060 (36.1%). This indicates that the property is overpriced. Buy-to-flip angle. A resale strategy targeting nearby buyers could capitalize on the property’s appealing features, aiming to achieve a higher return after minor renovations. With an effective marketing approach, a quick sale could be possible. Buy-to-let angle. The estimated monthly rental income of €1,388 offers a gross yield of 3.9%, making it a viable option for long-term family rentals in a moderately priced suburban area with decent amenities.
Fair value modelled at €272,940 from the area baseline, adjusted for condition and location. Asking €427,000 sits €154,060 (36.1%) above — overpriced versus fair value.
Asking €427,000 versus the rua de São José Operário area baseline of €259,720 (€1,720/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 74 · Materials 78 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx. Full condition report →
Neighbourhood score 60/100 (Housing Market 60 · Amenities 55 · Economic 65 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
rua de São José Operário
Area baseline €259,720 + condition +€2,831 + location +€10,389 = modelled fair value of €272,940 (€1,808/m²), a €154,060 (36.1%) gap versus the €427,000 asking price.
Long-term rental While the yield is at a modest 3.9%, the property's pricing at €427,000 represents a significant gap of 36.1% over the fair value of €272,940, indicating that it is overpriced. Investors may face difficulties in attracting consistent tenants due to the lower neighborhood rating of 60/100 and the property condition score of 76/100, limiting long-term rental appeal. Family rental Despite its spacious 151m² layout, the 3-bed apartment is priced at €427,000, which is 36.1% above the fair value of €272,940, suggesting it is overpriced for a family rental market. The moderate amenities in the suburban area and the neighborhood rating of 60/100 may discourage potential family tenants looking for a more attractive living environment. Value-add renovation The current condition score of 76/100 indicates potential for improvement, yet the property’s listing price of €427,000 is 36.1% higher than its fair value of €272,940, marking it as overpriced. Investors aiming for value-add renovation should consider the high entry price, which may limit the overall return on investment once upgrades are completed.
Economic Vulnerability The economic stability score of 65 suggests a moderate level of risk as local market fluctuations could impact rental income and property value. Tenant Instability A tenant stability score of 60 indicates potential for higher turnover, which may lead to increased vacancy rates and associated costs.
