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 135 m², built in 1986. Located Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Proximity to local amenities: The apartment's central location ensures residents enjoy quick access to shops, schools, and public transport, enhancing daily convenience and lifestyle. Outdoor spaces: Two balconies provide both sun exposure and areas for relaxation or outdoor enjoyment.
The valuation. The asking price of €307,500 is significantly above the fair value of €218,959, indicating an overpriced property by €88,541 or 28.8%. This marks it as a poor investment opportunity given the current valuation. Buy-to-flip angle. The buy-to-flip strategy would face challenges due to the high acquisition cost relative to the potential resale value in the Montijo area. A successful flip would require substantial appreciation, making this a risky approach. Buy-to-let angle. With an estimated rental income of €1,025/month, the gross yield stands at 4%. This modest return suggests a buy-and-hold strategy could attract families, leveraging nearby economic opportunities for stability in cash flow.
Fair value modelled at €218,959 from the area baseline, adjusted for condition and location. Asking €307,500 sits €88,541 (28.8%) above — overpriced versus fair value.
Asking €307,500 versus the Montijo e Afonsoeiro, Montijo, Setúbal area baseline of €377,460 (€2,796/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 (Condition 68 · Materials 60 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 58/100 (Housing Market 50 · Amenities 60 · Economic 55 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Montijo e Afonsoeiro, Montijo, Setúbal
Area baseline €377,460 + condition -€20,672 + location +€7,430 = modelled fair value of €218,959 (€1,622/m²), a €88,541 (28.8%) gap versus the €307,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Montijo e Afonsoeiro · 937651 | Subject | €307,500 | €2,278 | — | 68 | 58 |
| rua Mário Viegas, 17 | Active | €285,000 | €1,979 | 13.1% | 70 | 62 |
| Montijo e Afonsoeiro · f366e0 | Active | €360,000 | €2,553 | 12.1% | — | 55 |
| rua Cidade de Beja S / N | Active | €289,900 | €2,319 | 1.8% | 75 | 54 |
| avenida Dom Afonso Henriques | Active | €320,000 | €2,078 | 8.8% | 65 | 58 |
| Median comp | €304,950 | €2,199 | 3.5% | 70 | 57 |
Buy-and-hold The 3-bed apartment in Montijo e Afonsoeiro presents a gross yield of 4%, which is relatively modest given its current price tag. With a fair value significantly lower than the listing price, this investment lacks the potential for attractive long-term returns. Family rental This property, although located in a neighborhood with industrial influences, is overpriced in relation to its fair value and does not align with competitive family rental market rates. The apartment's moderate condition score of 65/100 further diminishes its appeal as a family-oriented home, potentially affecting occupancy levels. Value-add renovation Despite the potential for value-added improvement, the substantial gap from the fair value indicates that the current listing price is not justified for a renovation strategy. With a condition score of 65/100, any investment in upgrades may not yield sufficiently attractive returns, making this property overpriced as it stands.
Economic Volatility Risk The property is at risk due to a moderately low economic stability score of 55/100, indicating potential vulnerability to market fluctuations. Tenant Turnover Risk A tenant stability score of 60/100 suggests potential issues with retaining tenants, which could lead to increased vacancy rates and turnover costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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