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 122 m² on the 2nd floor, built in 2009, energy rating C. Located on rua Damião de Góis, Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Noteworthy Features: The apartment boasts a hydromassage cabin in the suite bathroom and a balcony accessible from both the living room and master bedroom, enhancing outdoor living space.
The valuation. The asking price of €380,000 is above the fair value of €347,379 by €32,621 (9.4%). This property is considered to be priced fairly, aligning its market value with the conditions observed. Buy-to-flip angle. The buy-to-flip strategy for this apartment would involve minor renovations to capitalize on its already appealing upgraded kitchen and bathroom, aiming for a quick resale once market conditions are favorable. Buy-to-let angle. The rental income strategy anticipates a gross yield of 3.5%, with estimated monthly rent around €1,108, making it an attractive option for long-term family rentals in a moderately demanded suburban area.
Fair value modelled at €347,379 from 6 comparable sales in the area. Asking €380,000 sits €32,621 (9.4%) above — overpriced versus fair value.
Asking €380,000 versus the rua Damião de Góis area baseline of €317,678 (€2,604/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 €317,678, adjusted for condition and micro-location, gives a modelled fair value of €347,379 (€2,847/m²), a €32,621 (9.4%) gap versus the €380,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Damião de Góis | Subject | €380,000 | €3,115 | — | 78 | 55 |
| praça Dom Sebastião, 8 | Active | €425,000 | €2,500 | 19.7% | 74 | 65 |
| rua D. Augusto Pereira Coutinho | Active | €325,000 | €2,928 | 6.0% | 80 | 54 |
| rua Indústria Corticeira, 1 | Active | €340,000 | €1,932 | 38.0% | 74 | 50 |
| Montijo e Afonsoeiro · cc9a11 | Active | €385,000 | €2,895 | 7.1% | 78 | 59 |
| Median comp | €362,500 | €2,698 | 13.4% | 76 | 57 |
Long-term rental The property is fairly priced at €380,000, with a fair value of €347,379, indicating a modest gap of 9.4%. Given its 3.5% gross yield and average neighborhood ratings, it may appeal to long-term renters seeking stability in a moderately safe suburban environment. Family rental At a listing price of €380,000, the property lands fairly in the market compared to its fair value of €347,379, establishing a 9.4% gap. The adequate condition score of 78/100 and its position in a typical suburban area offer potential for attracting family tenants looking for a reliable home, despite moderate neighborhood demand.
Economic and Tenant Stability Risk: With both economic and tenant stability scores at 60/100, there is a heightened risk of fluctuating rental income and potential vacancy issues due to insufficient demand and tenant reliability.
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