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 94 m² on the 1st floor, built in 1999, energy rating C. Located on rua Esteiro da Quebrada, Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Notable Features: The apartment includes a spacious attic adaptable for various family needs, enhancing storage and living flexibility beyond the standard layout. Location Benefits: Its convenient proximity to shops and transport options facilitates daily life and commuting to Lisbon.
The valuation. The asking price of €280,000 is €23,576 (9.2%) above the fair value of €256,424, suggesting it is fairly priced in the current market. This aligns with the apartment's quality and location. Buy-to-flip angle. With renovation costs being minor due to the property’s above-standard quality, a quick resale strategy could yield attractive margins for investors focusing on cosmetic upgrades. Flipping could be viable given the neighborhood's mixed urban-rural dynamics. Buy-to-let angle. Projected rental income of approximately €887 per month generates a gross yield of 3.8%, making this property suitable for long-term rental. Its location near industrial hubs adds to tenant desirability in the area.
Fair value modelled at €256,424 from 6 comparable sales in the area. Asking €280,000 sits €23,576 (9.2%) above — overpriced versus fair value.
Asking €280,000 versus the rua Esteiro da Quebrada area baseline of €230,843 (€2,456/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 €230,843, adjusted for condition and micro-location, gives a modelled fair value of €256,424 (€2,728/m²), a €23,576 (9.2%) gap versus the €280,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Esteiro da Quebrada | Subject | €280,000 | €2,979 | — | 76 | 58 |
| rua Dom Nuno Álvares Botelho, 37 | Active | €419,000 | €2,910 | 2.3% | 78 | 49 |
| Montijo e Afonsoeiro · b7c26d | Active | €359,000 | €2,546 | 14.5% | 75 | 57 |
| Montijo e Afonsoeiro · f14c47 | Active | €262,000 | €2,911 | 2.3% | 72 | 63 |
| rua Serpa Pinto | Active | €235,000 | €3,133 | 5.2% | 73 | 54 |
| Median comp | €310,500 | €2,911 | 2.3% | 74 | 56 |
Long-term rental The property presents a gross yield of 3.8%, which is competitive and suitable for long-term rental strategy. Given its fair value status, this apartment is positioned well to attract stable, long-term tenants within the mixed urban-rural context of Montijo. Buy-and-hold With a fair valuation at €280,000 against a fair value of €256,424, this property reflects long-term potential without being a bargain. Investing in this buy-and-hold strategy could provide consistent rental income while benefitting from gradual appreciation in Montijo's evolving real estate market.
Economic and Tenant Instability The economic stability score of 55 and tenant stability score of 55 indicate a moderate risk of potential tenant turnover and economic downturn, which could impact rental income.
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