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 147 m², built in 2007, energy rating C. Located on praça da Concórdia, 273, Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Noteworthy Features: The apartment includes a central vacuum system and video surveillance for enhanced security and convenience, along with efficient thermal and acoustic insulation throughout the property.
The valuation. The asking price of €420,000 is significantly above the fair value of €255,274, marking an overpricing of €164,726 (39.2%). This substantial discrepancy raises concerns about the investment's potential return.
Fair value modelled at €255,274 from the area baseline, adjusted for condition and location. Asking €420,000 sits €164,726 (39.2%) above — overpriced versus fair value.
Asking €420,000 versus the praça da Concórdia, 273 area baseline of €252,840 (€1,720/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 73 · Materials 80 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 49/100 (Housing Market 50 · Amenities 50 · Economic 45 · Tenant Quality 50). Softer demand indicators apply a discount to baseline.
praça da Concórdia, 273
Area baseline €252,840 + condition +€3,445 + location -€1,011 = modelled fair value of €255,274 (€1,737/m²), a €164,726 (39.2%) gap versus the €420,000 asking price.
Long-term rental The property's listing price of €420,000 is 39.2% higher than the fair value of €255,274, indicating it is overpriced in the current market. Given the gross yield of only 3.5% and a neighborhood quality score of 49/100, long-term rental potential appears limited and unappealing. Buy-and-hold At €420,000, the apartment presents a significant gap against its fair value, suggesting it is overpriced for a buy-and-hold investment strategy. With the property's condition rating of 77/100 and peripheral location to Lisbon, the resale value may not justify the initial investment over time.
Economic Vulnerability With an economic stability score of 45/100 and a tenant stability score of 50/100, the property faces significant risks of income variability and potential vacancy issues due to underlying economic weaknesses in the area.
