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 113 m² on the 2nd floor, energy rating C. Located on avenida Rainha Santa Isabel, Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Noteworthy Features: This apartment boasts dual balconies enhancing natural ventilation, and a cozy living room fireplace perfect for winter, combining comfort with functional living spaces.
The valuation. The asking price of €380,000 sits €22,737 (6.4%) above the fair value of €357,263, indicating that the property is priced fairly within the current market context. Buy-to-flip angle. The envisioned resale strategy focuses on enhancing the apartment's value through minor updates, particularly in the kitchen and bathrooms, targeting a quick turnover for a potential profit margin. Buy-to-let angle. With an estimated gross yield of 3.8%, renting at approximately €1,203 per month aligns with the aim to secure stable cash flow, appealing to families looking for long-term accommodations in the mixed-neighborhood setting.
Fair value modelled at €357,263 from 6 comparable sales in the area. Asking €380,000 sits €22,737 (6.4%) above — overpriced versus fair value.
Asking €380,000 versus the avenida Rainha Santa Isabel area baseline of €335,451 (€2,969/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 €335,451, adjusted for condition and micro-location, gives a modelled fair value of €357,263 (€3,162/m²), a €22,737 (6.4%) gap versus the €380,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Rainha Santa Isabel | Subject | €380,000 | €3,363 | — | 70 | 51 |
| avenida 25 de Abril | Active | €298,000 | €3,239 | 3.7% | 68 | 59 |
| Montijo e Afonsoeiro · 3d95af | Active | €399,900 | €3,477 | 3.4% | 75 | 58 |
| rua do Freixo | Active | €399,600 | €2,629 | 21.8% | 75 | 53 |
| Montijo e Afonsoeiro · 956a0e | Active | €330,000 | €3,084 | 8.3% | 70 | 54 |
| Median comp | €364,800 | €3,162 | 6.0% | 73 | 56 |
Long-term rental The property presents a respectable gross yield of 3.8%, making it a reasonable fit for long-term rental strategies despite the slight premium over fair value. The condition rating of 72/100 indicates a property that can attract reliable tenants, albeit with some necessary updates to meet higher tenant expectations. Family rental Given its size of 113m² and location in a family-oriented neighborhood near urban and coastal amenities, this property is well-suited for families, although the neighborhood rating of 51/100 suggests some limitations in terms of attractiveness. At a fair valuation, prospective investors should be mindful of ensuring the property is appealing enough to attract long-term tenants, especially families seeking quality living environments. Not ideal for luxury market This property does not align with the luxury market, as reflected in its average condition and neighborhood quality. Investors targeting higher-end clients may find the apartment lacking in the features and exclusivity necessary for this segment. Not ideal for short-term vacation rental The yield and neighborhood dynamics indicate that this property is unlikely to perform well as a short-term vacation rental. Its relatively generic appeal and condition do not cater to the tourism market's demand for premium amenities and experiences.
Economic and Tenant Instability Risk With both economic stability and tenant stability scores at 50/100, there is a significant risk of fluctuating rental income and potential vacancy issues, impacting overall investment returns negatively.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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