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.
2-bedroom, 1-bathroom apartment of 125 m², built in 2003, energy rating D. Located Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Noteworthy Feature: This apartment includes a cozy living room with a fireplace, enhancing its charm and providing a perfect space for relaxation and social gatherings.
The valuation. The asking price of €330,000 sits 2.6% above the fair value of €321,576, indicating the property is priced at its fair value. This suggests a balanced opportunity for potential buyers. Buy-to-flip angle. A buy-and-flip strategy could yield a profit by targeting buyers seeking modern aesthetics leveraging the quality kitchen and flooring. Renovating could enhance market appeal and justify potential resale price increases. Buy-to-let angle. The rental income strategy aims for a gross yield of 3.8%, with an estimated monthly rent of €1,045. This figure aligns well with local rental expectations, making it viable for long-term family rentals.
Fair value modelled at €321,576 from 6 comparable sales in the area. Asking €330,000 sits €8,424 (2.6%) above — overpriced versus fair value.
Asking €330,000 versus the Montijo e Afonsoeiro, Montijo, Setúbal area baseline of €288,089 (€2,305/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 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 €288,089, adjusted for condition and micro-location, gives a modelled fair value of €321,576 (€2,573/m²), a €8,424 (2.6%) gap versus the €330,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Montijo e Afonsoeiro · 53cced | Subject | €330,000 | €2,640 | — | 73 | 57 |
| rua António Onofre, 63 | Active | €365,000 | €2,684 | 1.7% | 72 | 56 |
| Montijo e Afonsoeiro · a4677b | Active | €430,000 | €2,324 | 12.0% | 80 | 47 |
| rua José de Almada Negreiros | Active | €320,000 | €2,388 | 9.5% | 78 | 53 |
| rua das Naus, 14 | Active | €290,000 | €2,544 | 3.6% | 70 | 57 |
| Median comp | €342,500 | €2,466 | 6.6% | 75 | 55 |
Long-term rental The property in Montijo e Afonsoeiro presents a reasonable long-term rental investment opportunity, offering a gross yield of 3.8%. While the property is priced fairly, the yield might not be compelling enough for aggressive rental strategies in a competitive market. Value-add renovation This apartment could benefit from value-add renovations to enhance its condition, currently rated at 76/100, thereby possibly improving rental income and tenant quality. However, given its fair market pricing, the returns on renovation investments need careful calculation to ensure they align with market expectations. Family rental With the property's reasonable fair value and adequate size, it can cater well to family rentals in the Montijo area. The location's commuter access to Lisbon provides additional appeal, although the moderate neighborhood rating of 57/100 may limit some potential tenant interest. Not ideal for: Luxury market The current property profile and pricing do not align well with the luxury market, which typically demands premium amenities and finishes. Therefore, it is wise to focus on other market segments that are more suited to its characteristics. Not ideal for: Short-term vacation rental The apartment is not positioned for short-term vacation rentals given its pricing and the neighborhood's appeal, which may not attract tourists. This strategy would likely yield minimal occupancy rates, undermining potential profitability. Not ideal for: Student housing With its fair pricing and neighborhood rating, the property does not align well with the needs of student housing, which typically requires locations near universities. The characteristics of this property are better suited toward family units rather than transient student renters.
Economic and Tenant Instability Risk The property has a combined economic and tenant stability score of 55/100, indicating a moderate risk of fluctuating rental income and potential vacancy issues.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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