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 83 m², energy rating D. Located on praça da Paz, Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Noteworthy Features: The apartment offers direct access to a communal garden area, promoting outdoor leisure activities without leaving the property, and features two elevators for convenience on the ground floor.
The valuation. The asking price of €280,000 exceeds the fair value of €247,100 by €32,900, which is 13.3%. This valuation positions the property as fairly priced, reflecting the potential for appreciation in a mixed neighborhood. Buy-to-flip angle. A buy-to-flip strategy may not be optimal here given the condition rating of 0/100; however, minor renovations could enhance appeal, allowing resale at a higher price than the current asking. Buy-to-let angle. With a potential gross yield of 3.6%, estimated rental income of approximately €840 monthly makes this a viable long-term rental investment, tapping into the demand for housing within the Lisbon metro area.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praça da Paz | Subject | €280,000 | €3,373 | — | — | 52 |
| Montijo e Afonsoeiro · 6a9531 | Active | €369,500 | €3,029 | 10.2% | 66 | 55 |
| Montijo e Afonsoeiro · 6d51bd | Active | €249,900 | €3,245 | 3.8% | 68 | 57 |
| Montijo e Afonsoeiro · 6fb85f | Active | €290,000 | €2,636 | 21.9% | 70 | 54 |
| praça da Paz | Active | €280,000 | €2,745 | 18.6% | 72 | 56 |
| Median comp | €285,000 | €2,887 | 14.4% | 69 | 56 |
Long-term rental Despite the property’s fair value assessment, with a slight gap of 13.3% over the listing price, the 3-bed apartment in Montijo e Afonsoeiro can still attract long-term tenants due to the neighborhood's decent amenities and proximity to the Lisbon metro area. The current yield of 3.6% indicates market competitiveness; however, the condition rating shows significant room for improvement to enhance rental desirability. Buy-and-hold Investing in this property for a buy-and-hold strategy may yield modest returns given the fair valuation at €280,000 and a fair value of €247,100. While the property sits in a location within reach of urban conveniences, the condition and neighborhood rating suggest that the potential for appreciation could be limited without substantial upgrades over time.
Economic and Tenant Risk With both economic stability and tenant stability scores at 50/100, there is a significant risk of unstable cash flow due to potential increases in vacancies and economic downturns impacting tenant retention.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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