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.
2-bedroom, 2-bathroom apartment of 126 m² on the 1st floor, built in 2013, energy rating C. Located on rua Garcia de Resende, Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. This apartment boasts an attic storage unit and a dedicated parking space in the basement, enhancing convenience and maximizing usable space.
The valuation. The asking price of €355,000 is just below the fair value of €385,478, thus reflecting a fair valuation with a difference of €30,478 (7.9%). Buy-to-flip angle. The buy-to-flip strategy would focus on minor updates to fixtures, enhancing the apartment's appeal for resale in a transitioning neighborhood with commuter potential. Buy-to-let angle. With an estimated gross yield of 4.3% and potential rental income of €1,272/month, the property presents a viable buy-and-hold investment opportunity in a mixed-use area.
Fair value modelled at €385,478 from 6 comparable sales in the area. Asking €355,000 sits €30,478 (7.9%) below — the upside to fair value.
Asking €355,000 versus the rua Garcia de Resende area baseline of €340,751 (€2,704/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 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 €340,751, adjusted for condition and micro-location, gives a modelled fair value of €385,478 (€3,059/m²), a €30,478 (7.9%) gap versus the €355,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Garcia de Resende | Subject | €355,000 | €2,817 | — | 70 | 56 |
| Montijo e Afonsoeiro · be968f | Active | €325,000 | €2,851 | 1.2% | 74 | 59 |
| rua do Freixo | Active | €399,600 | €2,629 | 6.7% | 75 | 53 |
| Montijo e Afonsoeiro · 1e601c | Active | €265,000 | €3,193 | 13.3% | 72 | 46 |
| rua Padre Manuel Gonçalves, 216 | Active | €395,000 | €2,926 | 3.8% | 80 | 58 |
| Median comp | €360,000 | €2,889 | 2.5% | 75 | 56 |
Long-term rental The 2-bed apartment in Montijo e Afonsoeiro offers a gross yield of 4.3%, aligning with current rental market trends, making it a stable option for long-term investment. However, given the fair valuation of €385,478 versus the listing price of €355,000, this property does not present a significant financial advantage compared to other available options. Buy-and-hold Investing in this property for a buy-and-hold strategy could allow for gradual appreciation as the neighborhood transitions from rural to urban use, benefiting from commuter access to larger cities. Nevertheless, with a fair value indication, the current price does not imply a unique opportunity or excessive upside potential in comparison with market expectations. Not ideal for: luxury market, student housing
Moderate tenant turnover risk Given a tenant stability score of 60/100, there is a moderate risk of increased turnover, which could lead to potential vacancies and costs associated with finding new tenants.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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