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 90 m², built in 1986, energy rating E. Located Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Noteworthy Features: This apartment boasts a cozy fireplace in the living room and a versatile sunroom that enhances the functional layout and provides additional space for relaxation or storage.
The valuation. The asking price of €280,000 is positioned slightly above the fair value of €264,030, indicating a difference of €15,970 (6.0%). The property is assessed as fairly priced. Buy-to-flip angle. A resale strategy can capitalize on the modest uptick over fair value, targeting buyers seeking proximity to Setúbal's economy, with potential cosmetic updates for higher returns. Buy-to-let angle. With an estimated gross yield of 3.7% and monthly rental income anticipated around €863, the property is suitable for long-term family rental, appealing to tenants in the suburban area.
Fair value modelled at €273,711 from 5 comparable sales in the area. Asking €280,000 sits €6,289 (2.3%) above — overpriced versus fair value.
Asking €280,000 versus the rua Mártires do Tarrafal area baseline of €283,040 (€3,145/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 63/100 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 €283,040, adjusted for condition and micro-location, gives a modelled fair value of €273,711 (€3,041/m²), a €6,289 (2.3%) gap versus the €280,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Mártires do Tarrafal | Subject | €280,000 | €3,111 | — | 55 | 59 |
| Montijo e Afonsoeiro · 374fc8 | Active | €325,000 | €2,826 | 9.2% | 70 | 58 |
| rua dos Combatentes da Grande Guerra | Active | €325,000 | €2,826 | 9.2% | 58 | 58 |
| Montijo e Afonsoeiro · 5d5e7f | Active | €220,000 | €3,143 | 1.0% | — | — |
| Montijo e Afonsoeiro · a808ff | Active | €295,000 | €3,041 | 2.2% | 68 | 53 |
| Median comp | €310,000 | €2,934 | 5.7% | 68 | 58 |
Long-term rental This property presents a steady yield of 3.7% gross, indicating a stable return from long-term rental occupancy. Although it is priced at €280,000, which is 6.0% above the fair value of €264,030, the solid local economy suggests consistent tenant demand. Family rental With its 90m² size, this apartment is suitable for family living, and the suburban setting near Setúbal offers a comfortable environment for families. While the property is priced fairly at €280,000, compared to the fair value of €264,030, the potential for family rentals remains reliable within the local market. Buy-and-hold The 2-bed apartment is positioned in an area influenced by Setúbal's economy and presents a reasonable opportunity for a buy-and-hold investment strategy. Priced at €280,000, just 6.0% above the fair value of €264,030, it aligns with long-term investment goals despite the current market conditions.
Economic Volatility Risk A score of 60 in economic stability suggests potential fluctuations in the local economy that could impact long-term rental income and property values negatively.
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