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 150 m², built in 2003, energy rating C. Located on avenida Pedro Nunes, 745, Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Noteworthy Features: This apartment includes a fireplace in the living room, enhancing its appeal for social gatherings, and a well-designed kitchen with direct balcony access for convenient outdoor dining.
The valuation. The asking price of €369,900 stands €93,800 (25.4%) above the fair value of €276,100, indicating the property is overpriced. This discrepancy suggests it may not present a strong investment opportunity. Buy-to-flip angle. A buy-to-flip strategy would require renovating the 3-bed 2-bath apartment while focusing on high-quality finishes to appeal to potential buyers, aiming for a quick resale at a profit. Buy-to-let angle. With an estimated rental income of €1,356/month, the property offers a gross yield of 4.4%, making it a feasible option for long-term family rentals in the mixed neighbourhood of Montijo.
Fair value modelled at €276,100 from the area baseline, adjusted for condition and location. Asking €369,900 sits €93,800 (25.4%) above — overpriced versus fair value.
Asking €369,900 versus the avenida Pedro Nunes, 745 area baseline of €258,000 (€1,720/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 (Condition 75 · Materials 80 · Room dimensions 82). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 58/100 (Housing Market 50 · Amenities 55 · Economic 50 · Tenant Quality 55). Strong amenities and housing-market momentum support a premium to baseline.
avenida Pedro Nunes, 745
Area baseline €258,000 + condition +€9,844 + location +€8,256 = modelled fair value of €276,100 (€1,841/m²), a €93,800 (25.4%) gap versus the €369,900 asking price.
Family rental The 3-bed apartment in Montijo e Afonsoeiro is not an ideal choice for a family rental given its overpriced status, with a listing price that exceeds fair value by 25.4%. Though it offers a reasonable yield of 4.4%, the neighborhood quality score of 58/100 indicates potential challenges attracting long-term tenants. Buy-and-hold This property is not suitable for a buy-and-hold strategy as it is currently overpriced at €369,900, which presents a significant gap against its fair value of €276,100. Given the yield of 4.4% and condition rating of 79/100, the investment may not generate satisfactory returns in the long run. Long-term rental The long-term rental strategy is undermined by the apartment’s overpriced nature, with a substantial 25.4% differential from its fair value. While the overall condition is decent, the less favorable neighborhood score and the high entry price could deter long-term rental demand from stable tenants.
Low economic and tenant stability risk The economic stability score of 50 and tenant stability score of 55 suggest potential challenges in maintaining consistent rental income and property appreciation, reflecting a higher risk of vacancy or rent default.
