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 149 m² on the 1st floor, built in 2008, energy rating C. Located on rua da Mafalda, Atalaia e Alto Estanqueiro-Jardia parish, Montijo municipality, Setúbal district. Noteworthy Features: This apartment's five balconies provide an abundance of natural light and outdoor access, enhancing the overall living experience in the tranquil urban setting.
The valuation. The asking price of €380,000 sits marginally above the fair value of €377,518 by €2,482 (0.7%), indicating that the property is valued fairly. This slight premium may reflect its high-quality materials and appealing aesthetics.
Fair value modelled at €377,518 from 6 comparable sales in the area. Asking €380,000 sits €2,482 (0.7%) above — overpriced versus fair value.
Asking €380,000 versus the rua da Mafalda area baseline of €346,240 (€2,324/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 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 €346,240, adjusted for condition and micro-location, gives a modelled fair value of €377,518 (€2,534/m²), a €2,482 (0.7%) gap versus the €380,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Mafalda | Subject | €380,000 | €2,550 | — | 75 | 51 |
| rua Aquilino Ribeiro, 42 | Active | €385,000 | €2,601 | 2.0% | 75 | 54 |
| rua Rui de Pina | Active | €315,000 | €2,647 | 3.8% | 75 | 56 |
| avenida D. João | Active | €457,000 | €2,344 | 8.1% | 74 | 51 |
| avenida Amália Rodrigues | Active | €392,000 | €2,800 | 9.8% | 75 | 57 |
| Median comp | €388,500 | €2,624 | 2.9% | 75 | 55 |
Long-term rental The property’s yield of 3.1% gross reflects a moderate return potential within a suburban environment, with a condition rating of 78 indicating overall decent living standards. While the apartment’s fair value is closely aligned with its listing price, the neighborhood's low score of 51 suggests limited demand and tenant quality might inhibit rental price growth over the long term. Family rental This 3-bedroom apartment is ideally suited for family rental given its size, providing ample space in a suburban setting, yet the neighborhood’s amenities and infrastructure score of 51 may limit appeal to potential renters. Additionally, with a fair market valuation, the investment does not present immediate upside potential, making it a steady but uninspiring option for families. Buy-and-hold Holding this property long-term could yield stable, albeit modest returns, due to the current fair value pricing at €380,000 and a low yield of 3.1% gross. The location's suburban characteristics and basic infrastructure might attract tenants seeking affordability, yet the subpar neighborhood score indicates potential challenges in property appreciation over time.
Economic Instability Risk: With an economic stability score of 45/100, the property is exposed to potential financial downturns that could impact rental income and increase vacancy rates.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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