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 174 m² on the 1st floor, built in 1972, energy rating D. Located on rua Doutor César Ventura, 16, Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. This apartment boasts a spacious attic that offers potential for conversion into an additional bedroom or second living area, enhancing its overall usability.
The asking price of €399,000 is above our fair value estimate of €360,000, indicating a downside of 9.9% versus the asking price; confidence in this fair value is medium. Rental income. The property exhibits strong rental income potential with an estimated gross yield of 5.5%, placing it within the top quarter of the national range.
The fair value of this property is built using a combination of two models. First, the Transaction model, which draws on real transaction data from 441 sales in the parish of Montijo e Afonsoeiro, accounts for 55% of the valuation. This is combined with the Adjusted asking-price model, focused on current listings and adjusted to sale levels, making up 45% of the mix. No conservative adjustments were applied to this property. The result indicates that the asking price is above the fair value, with a valuation gap of €39,000, which represents a 9.9% downside compared to the asking price. The confidence level in this assessment is medium.
Gross yield 5.5% (before costs)
This 3-bed apartment in Montijo offers a gross yield of 5.5%, positioning it in the top quarter of the rental market, making it a strong investment opportunity. However, the asking price of €399,000 is above its fair value of €360,000, indicating a 9.9% downside versus the asking price. Although the property is in a decent condition with a rating of 76/100, the neighbourhood's score of 50/100 suggests some challenges in tenant quality and local amenities, which may affect rental viability. Investors should exercise caution given the medium confidence level regarding this overvalued asset.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The property has low stability scores of 50/100 for both economic and tenant stability, which may indicate a higher likelihood of tenant turnover and economic downturns affecting rental income. Fair value certainty risk With a fair value of €360,000 and medium confidence, the valuation may be subject to fluctuation due to the unavailability of micro-location transaction data for this address, undermining the certainty of its assessed worth.
Grade AFindings: 0
Confirmed findings from our checks of this listing. They inform; they do not change the valuation.
No confirmed issues.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Models 3.4.3 (Data quality v3 · Valuation v4.2 · Strategy v3.1)
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit