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 196 m² on the 1st floor, built in 2017, energy rating C. Located on rua Fonte do Nico, 35, Pegões parish, Montijo municipality, Setúbal district. The apartment features an impressive 40m² private terrace, providing an exceptional outdoor space for relaxation or entertainment in this modern, family-friendly environment.
The asking price is €365,000, which sits €9,000 above our fair value of €356,000; the confidence in this fair value is low. Rental income can be generated from this property with an estimated gross yield of 5.7%, placing it in the top quarter of the national range.
The fair value of this property is derived from a combination of two models: the Transaction model and the Adjusted asking-price model, each contributing 50%. The Transaction model relies on real transaction data with 62 recorded sales in Pegões, while the Adjusted asking-price model adjusts current listings to reflect actual sales levels. For this property, no conservative adjustments were applied. As a result, the fair value is €356,000, which shows a downside of 2.4% compared to the asking price. Therefore, the asking price is in line with the fair value, with low confidence due to limitations in micro-location transaction data.
Gross yield 5.7% (before costs)
This 3-bedroom apartment in Pegões, Montijo, listed at €365,000, presents an investment opportunity with a gross yield of 5.7%, which is strong within the national rental income rankings. However, the asking price is slightly above the fair value of €356,000, indicating a 2.4% downside versus the asking price, suggesting that while the property holds potential, the pricing may not be optimal from a value perspective. The property is in satisfactory condition, rated at 79/100, making it suitable for immediate occupancy or rental, although the neighbourhood quality score is moderate at 50/100, which may influence long-term tenant demand. Overall, the investment case requires careful consideration given the low confidence in the pricing dynamics relative to the fair value.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant instability risk The property has an economic stability score of 50/100 and a tenant stability score of 50/100, indicating a potential risk due to unstable economic and tenant conditions. Fair value uncertainty risk The valuation of the property is assessed at fair value €356,000 with low confidence, indicating significant uncertainty as real transaction data for the micro-location is not available, and the two estimates differ by more than the tolerance.
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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.
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