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 165 m² on the 3rd floor, built in 2003, energy rating C. Located on rua da Atalaia, 54, Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Noteworthy Features: The apartment offers spacious balconies with unobstructed views, enhancing the living experience with excellent solar exposure and a private outdoor space to relax or entertain.
The valuation. The asking price of €399,500 sits below the fair value of €425,014, indicating a difference of €25,514 (6.0%). The property is assessed as fairly valued, providing a stable investment opportunity for buyers.
Fair value modelled at €425,014 from 6 comparable sales in the area. Asking €399,500 sits €25,514 (6.0%) below — the upside to fair value.
Asking €399,500 versus the rua da Atalaia, 54 area baseline of €407,292 (€2,468/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 69/100 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 €407,292, adjusted for condition and micro-location, gives a modelled fair value of €425,014 (€2,576/m²), a €25,514 (6.0%) gap versus the €399,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Atalaia, 54 | Subject | €399,500 | €2,421 | — | 65 | 43 |
| praça dos Descobrimentos, 69 | Active | €360,000 | €2,156 | 11.0% | 74 | 59 |
| rua da Mafalda | Active | €380,000 | €2,550 | 5.3% | 75 | 51 |
| rua Pêro Vaz de Caminha, 61 | Active | €319,000 | €2,658 | 9.8% | — | 58 |
| Montijo e Afonsoeiro · 3a6fed | Active | €350,000 | €2,273 | 6.1% | 75 | 47 |
| Median comp | €355,000 | €2,412 | 0.4% | 75 | 55 |
Long-term rental The property presents a gross yield of 4.6%, which aligns with the long-term rental prospects given the location's semi-rural characteristics. However, with a neighbourhood score of 43/100, potential renters might be limited, affecting demand stability. Value-add renovation The apartment has a decent condition rating of 69/100, indicating room for improvement through renovations, which could enhance its value. Nonetheless, the property's fair value of €425,014 and a gap of only 6.0% suggest limited upside, thus a conservative approach is warranted in assessing renovation investments. Not ideal for luxury market Due to its peripheral location and semi-rural context, the property does not align with luxury market expectations, which typically demand more vibrant economic drivers and amenities. This makes it less appealing for high-end investment strategies. Not ideal for student housing The weak education infrastructure in the area and low tenant quality ratings render this property unsuitable for student housing strategies. The limited supply of attractive rental options for students can also impact occupancy rates negatively. Not ideal for short-term rental The neighbourhood's low score and the overall lack of attractions determine that the property is not positioned for success in the short-term rental market. Furthermore, the rural nature limits the appeal for tourists or short-stays, undermining potential cash flow.
Weak economic environment The property has a low economic stability score of 35/100, indicating a challenging economic climate that could affect rental income and property value.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
