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, 2-bathroom apartment of 125 m² on the 1st floor, built in 2005, energy rating C. Located on rua Garcia de Resende, Sarilhos Grandes parish, Montijo municipality, Setúbal district. Location & Accessibility: Only a 7-minute walk to the bus terminal with connections to Lisbon, enhancing daily commuting convenience for residents.
The valuation. The asking price of €353,000 is relatively close to the fair value of €375,627, reflecting a shortfall of €22,627 (6.0%). This property is fairly valued overall. Buy-to-flip angle. The resale strategy focuses on a value-add renovation approach, targeting increased buyer interest and an attractive profit margin within a competitive market. Buy-to-let angle. Given the current condition and neighborhood rating, a long-term rental strategy may generate sustainable income once the property is renovated, but initial gross yield stands at 0%.
Fair value modelled at €375,627 from 6 comparable sales in the area. Asking €353,000 sits €22,627 (6.0%) below — the upside to fair value.
Asking €353,000 versus the rua Garcia de Resende area baseline of €275,258 (€2,202/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 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 €275,258, adjusted for condition and micro-location, gives a modelled fair value of €375,627 (€3,005/m²), a €22,627 (6.0%) gap versus the €353,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Garcia de Resende | Subject | €353,000 | €2,824 | — | 83 | 56 |
| rua Garcia de Resende | Active | €355,000 | €2,817 | 0.2% | 70 | 56 |
| rua Padre Manuel Gonçalves, 216 | Active | €395,000 | €2,926 | 3.6% | 80 | 58 |
| Montijo e Afonsoeiro · 86cd2b | Active | €450,000 | €3,750 | 32.8% | 82 | 56 |
| rua do Freixo | Active | €399,600 | €2,629 | 6.9% | 75 | 53 |
| Median comp | €397,300 | €2,872 | 1.7% | 78 | 56 |
Long-term rental While the property is fairly valued at €353,000 compared to its fair value of €375,627, it currently offers a gross yield of 0%. The overall tenant quality in the neighborhood is moderate, suggesting a challenging rental market that may limit cash flow potential. Value-add renovation Despite the 80/100 condition rating, the property’s lack of appreciation in value indicates it has room for improvement; however, this investment may require careful consideration of renovation costs relative to potential returns. As the neighborhood scores moderately on economic factors, substantial renovations could elevate the property value and rental appeal, but market demand must be gauged closely. Buy-and-hold The pricing strategy for this property positions it fairly within the market, with a modest gap of 6% from fair value that can result in minimal capital growth in the long term. Holding the property in a suburban setting with limited amenities and school access might yield stable but unspectacular returns over time, necessitating patience and a long-term outlook. Not ideal for: Luxury market, Short-term vacation rental, Student housing
Economic Vulnerability The economic stability score of 60/100 indicates a potential risk in market fluctuations that may affect property values and tenant demand.**
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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