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.
1-bedroom, 1-bathroom apartment of 51 m² on the 3rd floor, built in 1970, energy rating D. Located on rua Professor Bernardo Costa, 3, Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. The apartment features a spacious balcony offering unobstructed views, enhancing the sense of openness and natural light throughout the living space.
The asking price sits at €160,000, which is €9,000 or 5.9% below our assessed fair value of €169,000. Confidence in this fair value is medium. Renovation upside. This property has a condition rating of 63/100, suggesting potential for value increase through cosmetic renovations, which are estimated to cost around €630/m².
The asking price is below the fair value. The fair value is built using a combination of the Transaction model, which draws from 30 recorded sales in Montijo e Afonsoeiro, and the Adjusted asking-price model based on current listings. This combination weighs the Transaction model at 55% and the Adjusted asking-price model at 45%. Conservative adjustments for cost to cure reduce the fair value to €169,000, reflecting a 5.7% decrease from the central estimate of €180,000. The asking price of €160,000 indicates a 5.9% upside, suggesting a confidence level of medium.
Gross yield 5% (before costs)
This 1-bed apartment in Montijo e Afonsoeiro offers an investment opportunity with a fair value of €169,000, providing a 5.9% upside compared to the asking price of €160,000. The property has a medium confidence rating and is in acceptable condition at 63/100, suggesting potential for renovation upside which could increase its market value. With a gross yield of 5%, this apartment is well-positioned for rental income in a neighbourhood that scores 50/100, promising decent demand and tenant quality.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk: With both economic and tenant stability scores at 50/100, there is a significant risk of instability in rental income and property value due to potential economic fluctuations and tenant turnover. Fair value certainty risk: The lack of micro-location transaction data for this address results in a medium confidence level regarding the fair value of €169,000, indicating potential uncertainties in the valuation's accuracy.
Grade AFindings: 0
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Models 3.4.3 (Data quality v3 · Valuation v4.1 · Strategy v3.1)
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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