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 95 m² on the 3rd floor, built in 2003. Located on rua Maria Lamas, Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Noteworthy Features: This apartment boasts five balconies that enhance its natural light and a stone fireplace with heat recovery in the spacious living area, adding both warmth and character.
The valuation. The asking price of €335,000 is marginally below the fair value of €338,028, sitting at a difference of just €3,028 (0.9%). This property is accurately valued, reflecting current market conditions. Buy-to-flip angle. With strategic renovations, the property could be positioned for resale at a higher price, exploiting the modest price gap to attract buyers seeking updated amenities in Montijo. Buy-to-let angle. The estimated rental income of €921 per month provides a gross yield of 3.3%, appealing to family tenants due to the stable suburban setting and proximity to Setúbal, enhancing long-term rent potential.
Fair value modelled at €338,028 from 6 comparable sales in the area. Asking €335,000 sits €3,028 (0.9%) below — the upside to fair value.
Asking €335,000 versus the rua Maria Lamas area baseline of €320,357 (€3,372/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 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 €320,357, adjusted for condition and micro-location, gives a modelled fair value of €338,028 (€3,558/m²), a €3,028 (0.9%) gap versus the €335,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Maria Lamas | Subject | €335,000 | €3,526 | — | 71 | 60 |
| Montijo e Afonsoeiro · 4a8081 | Active | €285,000 | €3,476 | 1.4% | 68 | 59 |
| Montijo e Afonsoeiro · 261d89 | Active | €285,000 | €3,750 | 6.3% | 72 | 55 |
| Montijo e Afonsoeiro · f36607 | Active | €375,000 | €3,641 | 3.2% | 72 | 54 |
| rua dos Combatentes da Grande Guerra, 60 | Active | €390,000 | €3,679 | 4.3% | 72 | 53 |
| Median comp | €330,000 | €3,660 | 3.8% | 72 | 55 |
Long-term rental The property offers a stable yield of 3.3%, making it an adequate option for prospective landlords interested in long-term rental strategies. However, with a fair value closely matching the listing price, the potential for significant appreciation may be limited in the current market. Buy-and-hold Acquiring this apartment for a buy-and-hold strategy allows investors to benefit from consistent rental income while holding an asset that aligns with current fair market value. Although there may be modest appreciation, overall growth potential should be approached cautiously, given the property's near price alignment with fair value. Family rental This apartment could serve well for families seeking housing in a secure suburban environment, benefiting from proximity to Setúbal. Despite its decent yield, the property’s fair pricing indicates minimal room for investment growth in a competitive market. Not ideal for Luxury market, Short-term vacation rental, Student housing
Tenant turnover risk The tenant stability score of 65 indicates a moderate risk of turnover, potentially leading to increased vacancy rates and costs associated with finding new tenants.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Login Required
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.
Sign in to buy the report or use a credit
