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 141 m² on the 1st floor, energy rating B. Located Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Noteworthy Features: The apartment boasts a spacious 20m² terrace, perfect for outdoor entertaining, and energy-efficient integrated appliances that enhance both functionality and sustainability.
The valuation. The asking price of €320,000 is below the fair value of €356,715, representing a favorable opportunity at approximately 10.3% underpriced. Buy-to-flip angle. The potential resale strategy could capitalize on the property’s condition and upgrades, targeting a profit margin through strategic renovations. Buy-to-let angle. With an estimated gross yield of 4.2% and monthly rental income of €1,120, this apartment is well-suited for long-term family rentals in a suburban market.
Fair value modelled at €356,715 from 6 comparable sales in the area. Asking €320,000 sits €36,715 (10.3%) below — the upside to fair value.
Asking €320,000 versus the Montijo e Afonsoeiro, Montijo, Setúbal area baseline of €345,482 (€2,450/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 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 €345,482, adjusted for condition and micro-location, gives a modelled fair value of €356,715 (€2,530/m²), a €36,715 (10.3%) gap versus the €320,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Montijo e Afonsoeiro · e3ab16 | Subject | €320,000 | €2,270 | — | 65 | 57 |
| Montijo e Afonsoeiro · 33bdac | Active | €298,000 | €2,365 | 4.2% | 70 | 59 |
| Montijo e Afonsoeiro · 57fb2e | Active | €298,000 | €2,365 | 4.2% | 75 | 62 |
| praceta António Sérgio | Active | €435,000 | €2,486 | 9.5% | 73 | 60 |
| Atalaia e Alto Estanqueiro-Jardia · 627097 | Active | €380,000 | €3,040 | 33.9% | 73 | 57 |
| Median comp | €339,000 | €2,426 | 6.9% | 73 | 60 |
Long-term rental Given the fair value of €356,715 and the current listing price of €320,000, this property presents a compelling long-term rental opportunity, offering a 4.2% gross yield. The neighbourhood's moderate characteristics suggest stable tenant demand, making it a viable choice for sustained returns. Family rental This 3-bed apartment in Montijo e Afonsoeiro is ideally positioned for family rental, with a competitive price relative to its fair market value. The suburban location and sufficient space cater to families seeking a comfortable living environment, despite the limited public transport. Buy-and-hold Investing in this property as a buy-and-hold strategy is advantageous given its appreciation potential, with a fair value exceeding the current price by 10.3%. The property's decent condition and location between Lisbon and Alentejo further support a long-term investment perspective aimed at maximizing capital gains.
Economic Vulnerability With an economic stability score of 55/100, there is a significant risk that economic downturns could adversely impact the property's performance and tenant retention.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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