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 122 m², built in 2008, energy rating C. Located Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. This apartment features a unique attic storage room with an independent entrance, allowing for versatile usage as an office, workshop, or personal hobby space, enhancing its overall functionality.
The valuation. The asking price of €360,000 is below the fair value of €391,461, resulting in a favorable valuation gap of €31,461 (8.0%). Verdict: fair. Buy-to-flip angle. This property can be flipped for a profit by enhancing its appeal and potentially selling at market rates, aiming for a resale in the range of €400,000 to €425,000. Buy-to-let angle. With a gross yield of 3.7%, generating approximately €1,110 per month in rental income, this apartment is a solid long-term investment suitable for family rentals in a growing location near Setúbal.
Fair value modelled at €391,461 from 5 comparable sales in the area. Asking €360,000 sits €31,461 (8.0%) below — the upside to fair value.
Asking €360,000 versus the Montijo e Afonsoeiro, Montijo, Setúbal area baseline of €340,959 (€2,795/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €340,959, adjusted for condition and micro-location, gives a modelled fair value of €391,461 (€3,209/m²), a €31,461 (8.0%) gap versus the €360,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Montijo e Afonsoeiro · 467e5a | Subject | €360,000 | €2,951 | — | 72 | 65 |
| rua Mário Miguel de Sousa Rama | Active | €360,000 | €3,462 | 17.3% | 71 | 57 |
| Montijo e Afonsoeiro · da4616 | Active | €369,000 | €3,209 | 8.7% | 72 | 55 |
| praça da Concórdia, 273 | Active | €420,000 | €2,857 | 3.2% | 73 | 49 |
| rua Nónio | Active | €355,000 | €3,480 | 17.9% | 72 | 60 |
| Median comp | €364,500 | €3,336 | 13.0% | 72 | 56 |
Long-term rental The property presents a fair investment for a long-term rental strategy with a yield of 3.7%, aligning adequately with the local rental market dynamics. Given its condition score of 75/100, it may attract stable tenants while offering moderate returns. Buy-and-hold This property fits a buy-and-hold strategy due to a fair valuation at €360,000, which is just 8.0% below its fair value of €391,461. The location near industrial activities and amenities suggests steady demand, supporting long-term capital appreciation despite current market pricing. Family rental With its three-bedroom layout and fair valuation, this apartment is suitable for family rentals, providing space and access to local amenities. The neighbourhood's tenant quality rating of 65/100 indicates potential stability in tenant occupancy and retention, making it a reasonable choice for family-oriented renters.
Economic and Tenant Stability Risk The property is at risk due to both the economic stability score of 65 and tenant stability score of 65, indicating potential volatility in tenant retention and market performance.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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