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 92 m² on the 1st floor, energy rating C. Located on rua Serpa Pinto, Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Noteworthy Feature: The property boasts a sunlit balcony accessible from one of the bedrooms, providing seamless outdoor connectivity and enhancing overall natural light throughout the apartment.
The valuation. The asking price of €350,000 sits €40,385 (13.0%) above the fair value of €309,615, indicating that the property is overpriced. This discrepancy suggests a cautious approach for potential buyers.
Fair value modelled at €309,615 from 6 comparable sales in the area. Asking €350,000 sits €40,385 (13.0%) above — overpriced versus fair value.
Asking €350,000 versus the rua Serpa Pinto area baseline of €280,138 (€3,045/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 €280,138, adjusted for condition and micro-location, gives a modelled fair value of €309,615 (€3,365/m²), a €40,385 (13.0%) gap versus the €350,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Serpa Pinto | Subject | €350,000 | €3,804 | — | 80 | 63 |
| rua das Papoilas | Active | €275,000 | €3,667 | 3.6% | 72 | 57 |
| Montijo e Afonsoeiro · be9335 | Active | €230,000 | €3,194 | 16.0% | 70 | 68 |
| rua dos Girassóis | Active | €299,500 | €3,744 | 1.6% | 84 | 52 |
| Montijo e Afonsoeiro · 6c7a17 | Active | €310,000 | €3,333 | 12.4% | 75 | 53 |
| Median comp | €287,250 | €3,500 | 8.0% | 74 | 55 |
Family rental The 2-bed apartment in Montijo e Afonsoeiro, listed at €350,000, presents a 13% gap against its fair value of €309,615, indicating it is overpriced. With a gross yield of 2.8%, the current investment does not meet the return expectations typical for family rentals in the area. Long-term rental Given that the property's listing price surpasses its fair value by 13%, the 2-bed apartment is considered overpriced at €350,000. The moderate yield of 2.8% coupled with a neighbourhood score of 63/100 suggests that the prospects for long-term rental income fall short of what could be achieved elsewhere. Buy-and-hold While the potential for capital appreciation exists due to proximity to Lisbon, the €350,000 listing price—13% above the fair value—positions this property as overpriced. With a condition score of 78/100 and a yield of only 2.8%, a buy-and-hold strategy may not yield satisfactory returns over the long term.
Tenant turnover risk The tenant stability score of 55/100 suggests a significant likelihood of high turnover, which could lead to increased vacancy rates and associated costs.
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
