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 55 m², built in 1970. Located Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Noteworthy Features: This apartment boasts unobstructed views from the 3rd floor and includes two balconies for outdoor space, despite its need for renovation.
The valuation. The asking price of €138,500 is significantly above the fair value of €71,224, representing an overvaluation of 48.6%. This disparity indicates that the property is overpriced and may deter potential investors.
Fair value modelled at €71,224 from the area baseline, adjusted for condition and location. Asking €138,500 sits €67,276 (48.6%) above — overpriced versus fair value.
Asking €138,500 versus the Montijo e Afonsoeiro, Montijo, Setúbal area baseline of €94,600 (€1,720/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 50/100 (Condition 50 · Materials 55 · Room dimensions 60). Below-median condition lowers fair value versus a renovated baseline unit. Full condition report →
Neighbourhood score 45/100 (Housing Market 50 · Amenities 35 · Economic 40 · Tenant Quality 55). Softer demand indicators apply a discount to baseline. Full location report →
Montijo e Afonsoeiro, Montijo, Setúbal
Area baseline €94,600 + condition -€21,484 + location -€1,892 = modelled fair value of €71,224 (€1,295/m²), a €67,276 (48.6%) gap versus the €138,500 asking price.
Long-term rental Due to the significant gap between the listing price of €138,500 and the fair value of €71,224, this property appears to be overpriced and may not yield satisfactory returns from long-term rentals. The 5.8% gross yield does not compensate for the financial risk of acquiring a property at a premium. Buy-and-hold Investing in this 1-bed apartment for a buy-and-hold strategy is problematic as the asking price is 48.6% above fair value, indicating potential overvaluation in the market. The limited proximity to major cities like Lisbon further diminishes the anticipated capital appreciation over time, making this investment less attractive.
High vacancy risk With an economic stability score of 40/100 and a tenant stability score of 55/100, there is a significant risk that tenants may vacate, leading to potentially high vacancy rates and subsequent loss of rental income.
