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 116 m² on the 3rd floor, built in 1979, energy rating D. Located Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Noteworthy Features: The property includes a balcony with a river view, enhancing the living experience while providing excellent potential for attic conversion due to its spacious layout.
The valuation. The asking price of €320,000 sits just €1,691 (0.5%) below the fair value of €321,691, indicating that the property is fairly priced relative to market expectations. Buy-to-flip angle. A buy-and-flip strategy could realize a moderate profit due to the property's fair valuation and potential for cosmetic upgrades to attract higher resale prices. Buy-to-let angle. A long-term rental strategy could yield a gross income of approximately €933/month, resulting in an estimated gross yield of 3.5%, appealing for buy-and-hold investors.
Fair value modelled at €321,691 from 5 comparable sales in the area. Asking €320,000 sits €1,691 (0.5%) below — the upside to fair value.
Asking €320,000 versus the Montijo e Afonsoeiro, Montijo, Setúbal area baseline of €325,003 (€2,802/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 62/100 is below the parish average, reducing 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 €325,003, adjusted for condition and micro-location, gives a modelled fair value of €321,691 (€2,773/m²), a €1,691 (0.5%) gap versus the €320,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Montijo e Afonsoeiro · cbc059 | Subject | €320,000 | €2,759 | — | 60 | 60 |
| Montijo e Afonsoeiro · a79daa | Active | €320,000 | €3,200 | 16.0% | — | 62 |
| rua Doutor António Campos Ferreira Trindade, 39 | Active | €269,000 | €2,773 | 0.5% | — | 54 |
| Montijo e Afonsoeiro · 937651 | Active | €307,500 | €2,278 | 17.4% | 68 | 58 |
| Montijo e Afonsoeiro · 5ecffb | Active | €299,900 | €2,726 | 1.2% | 50 | 56 |
| Median comp | €303,700 | €2,750 | 0.3% | 59 | 57 |
Long-term rental The property in Montijo e Afonsoeiro provides a relatively stable gross yield of 3.5%, making it a reasonable option for long-term rental strategies in the semi-rural neighborhood. The fair valuation at €320,000 suggests that investors can anticipate steady, if not exceptional, rental returns without significant risk. Family rental With its three bedrooms and decent living space of 116m², this apartment is well suited for family rentals, appealing to those looking for more space in a suburban setting. Given the fair value assessment, the property offers an opportunity to meet demand from families seeking quality housing in proximity to Setúbal. Buy-and-hold The buy-and-hold strategy for this apartment could be beneficial, as the stability of the area and modest growth potential indicate a prudent long-term investment approach. The fair valuation aligns with expectations for steady appreciation in property value, making it a viable addition to a diversified real estate portfolio.
Economic Vulnerability The property has a moderate economic stability score of 60/100 which suggests potential susceptibility to market fluctuations that could impact rental income and property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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