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 house of 105 m², built in 1999, energy rating E. Located Pegões parish, Montijo municipality, Setúbal district. Noteworthy Features: The property includes a spacious second living room with direct access to the outdoor barbecue area and fruit-bearing trees, providing ample space for entertaining and gardening.
The valuation. The asking price of €300,000 is significantly below the fair value of €367,938, positioning it as underpriced by €67,938 (18.5%). This indicates a compelling opportunity for investors seeking value. Buy-to-flip angle. The property can be quickly renovated to improve its average quality, allowing for a profitable resale strategy targeting local buyers looking for family homes. Buy-to-let angle. With an increasing interest in rentals in the peripheral areas, this property can be positioned as a family rental, maximizing income while appealing to long-term tenants drawn to the agricultural and tourism-driven economy in Montijo.
Fair value modelled at €367,938 from 6 comparable sales in the area. Asking €300,000 sits €67,938 (18.5%) below — the upside to fair value.
Asking €300,000 versus the Pegões, Montijo, Setúbal area baseline of €323,433 (€3,080/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 62/100 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 €323,433, adjusted for condition and micro-location, gives a modelled fair value of €367,938 (€3,504/m²), a €67,938 (18.5%) gap versus the €300,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Pegões · b3290b | Subject | €300,000 | €2,857 | — | 60 | 55 |
| rua do Patola | Active | €170,000 | €3,269 | 14.4% | — | 60 |
| rua dos Cardosos | Active | €370,000 | €3,008 | 5.3% | — | 58 |
| Poceirão e Marateca · 9570f5 | Active | €499,000 | €3,441 | 20.4% | 72 | 52 |
| Pegões · 001501 | Active | €650,000 | €6,436 | 125.2% | 64 | 55 |
| Median comp | €434,500 | €3,355 | 17.4% | 68 | 57 |
Long-term rental The property in Pegões, Montijo presents an advantageous investment opportunity given its fair value of €367,938 compared to the listing price of €300,000, resulting in a significant underpricing of 18.5%. However, with a gross yield of 0% and a neighborhood quality score of 55/100, the potential for immediate rental income may be limited, necessitating a focus on long-term appreciation. Buy-and-hold Acquiring this property could allow investors to benefit from future price increases in a rural area that is gradually developing, with a fair value notably higher than the current listing. While the house requires some renovation to improve its condition score of 62/100, the investment offers potential upsides as the local economy evolves, driven by agriculture and tourism. Family rental Though the property is priced attractively below its fair value, its low gross yield and lower neighborhood rating suggest it may not appeal to high-income family renters. Investors should weigh this against the market's potential for families seeking affordable housing options in the rural vicinity of Alcácer do Sal, despite its limitations in luxury and student housing markets.
Economic vulnerability With an economic stability score of 40/100, this property faces a significant risk of economic downturns that could adversely affect tenants' ability to pay rent, despite a more favorable tenant stability score of 65/100.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
