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 149 m², built in 2022. Located Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. This apartment features a fully equipped kitchen with high-end appliances, including a side-by-side American refrigerator, and a balcony with a built-in barbecue for outdoor entertaining.
The valuation. The asking price of €500,000 exceeds its fair value of €280,031 by €219,969 (44.0%), indicating that the property is overpriced. This discrepancy suggests buyers should proceed with caution. Buy-to-flip angle. A buy-to-flip strategy would require acquiring the property at a lower price to invest in renovations, enhancing its appeal for reselling quickly within the commuter market. Buy-to-let angle. The estimated gross yield of 3.4% equates to approximately €1,417 per month, supporting a buy-and-hold strategy aimed at stable long-term rental income, given the neighborhood’s mixed socio-economic profile.
Fair value modelled at €280,031 from the area baseline, adjusted for condition and location. Asking €500,000 sits €219,969 (44.0%) above — overpriced versus fair value.
Asking €500,000 versus the Montijo e Afonsoeiro, Montijo, Setúbal area baseline of €416,604 (€2,796/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 86/100 (Condition 88 · Materials 89 · Room dimensions 82). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 55/100 (Housing Market 55 · Amenities 50 · Economic 50 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Montijo e Afonsoeiro, Montijo, Setúbal
Area baseline €416,604 + condition +€18,625 + location +€5,126 = modelled fair value of €280,031 (€1,879/m²), a €219,969 (44.0%) gap versus the €500,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Montijo e Afonsoeiro · 937618 | Subject | €500,000 | €3,356 | — | 88 | 55 |
| rua Provedor Nuno Álvares Pereira | Active | €394,990 | €2,948 | 12.2% | 75 | 55 |
| avenida Rainha Santa Isabel | Active | €380,000 | €2,639 | 21.4% | 75 | 57 |
| rua Padre Manuel Gonçalves, 216 | Active | €395,000 | €2,926 | 12.8% | 80 | 58 |
| rua do Freixo | Active | €399,600 | €2,629 | 21.7% | 75 | 53 |
| Median comp | €394,995 | €2,783 | 17.1% | 75 | 56 |
Long-term rental Property in Montijo e Afonsoeiro is overpriced at €500,000, significantly above the fair value of €280,031, resulting in an unsustainable investment with a high 44.0% gap. The gross yield of 3.4% and a neighbourhood score of 55/100 indicate limited potential for robust long-term rental returns in a commuter town with restricted local employment opportunities. Buy-and-hold Investing in this 3-bed apartment is not advisable as it is priced 44.0% above its fair value of €280,031, which limits appreciation potential amidst economic challenges in the area. The apartment's gross yield of 3.4% further underscores the risk associated with holding a property in a neighbourhood offering only moderate tenant quality and amenities.
Economic Vulnerability The property is at risk due to a low economic stability score of 50/100, indicating potential challenges in local economic performance that could affect rental income.
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