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 176 m² on the 2nd floor, energy rating C. Located on rua Indústria Corticeira, 1, Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Noteworthy Features: This apartment includes a living room with a fireplace and a well-equipped kitchen featuring a balcony, enhancing both comfort and social interaction.
The valuation. The asking price of €340,000 is above the fair value of €306,845, resulting in an overprice of €33,155 (9.8%). This suggests the property lacks attractive pricing for potential buyers. Buy-to-flip angle. The buy-to-flip strategy focuses on minor renovations to enhance appeal and targeting a quick resale, taking advantage of the moderate condition rating. Buy-to-let angle. The buy-to-let approach anticipates a steady rental income of approximately €1,105/month, yielding around 3.9%. This supports a long-term hold for family rentals in a mixed neighborhood.
Fair value modelled at €306,845 from the area baseline, adjusted for condition and location. Asking €340,000 sits €33,155 (9.8%) above — overpriced versus fair value.
Asking €340,000 versus the rua Indústria Corticeira, 1 area baseline of €492,096 (€2,796/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 74 · Materials 78 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 50/100 (Housing Market 50 · Amenities 50 · Economic 40 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
rua Indústria Corticeira, 1
Area baseline €492,096 + condition +€4,125 + location +€0 = modelled fair value of €306,845 (€1,743/m²), a €33,155 (9.8%) gap versus the €340,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Indústria Corticeira, 1 | Subject | €340,000 | €1,932 | — | 74 | 50 |
| praça Dom Sebastião, 8 | Active | €425,000 | €2,500 | 29.4% | 74 | 65 |
| rua António Tavares Marques | Active | €365,000 | €2,267 | 17.4% | 74 | 54 |
| Montijo e Afonsoeiro · b7c26d | Active | €359,000 | €2,546 | 31.8% | 75 | 57 |
| avenida Pedro Nunes, 745 | Active | €369,900 | €2,466 | 27.7% | 75 | 58 |
| Median comp | €367,450 | €2,483 | 28.5% | 75 | 58 |
Long-term rental The current listing price of €340,000 reflects a 9.8% gap above the fair value of €306,845, indicating that the investment is overpriced. With a gross yield of only 3.9%, it is unlikely to achieve attractive returns in the competitive long-term rental market. Buy-and-hold At €340,000, this apartment is priced 9.8% above its fair value, rendering it an overpriced option for a buy-and-hold strategy. The neighborhood's low rating of 50/100 suggests limited potential for significant appreciation over the long term. Family rental With a listing price of €340,000, which is 9.8% higher than its fair value, the property is overpriced for a family rental approach. The area's moderate condition rating and agricultural economic characteristics may not attract families seeking better amenities and a vibrant community.
Economic Vulnerability The economic stability score of 40/100 indicates a high risk of economic downturns that could affect rental income 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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