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 67 m², energy rating D. Located Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Noteworthy Features: The property’s layout supports a potential conversion to a two-bedroom, enhancing living space and appeal, while it benefits from a quiet location with convenient access to amenities.
The valuation. The asking price of €220,000 is significantly higher than the fair value of €90,012, resulting in an overvaluation of €129,988, or 59.1%. This property is not a good financial opportunity. Buy-to-flip angle. A buy-to-flip strategy may not be viable given the high purchase price, combined with the need for renovations due to dated fixtures. The potential for profitable resale is limited. Buy-to-let angle. A rental income strategy could yield an estimated monthly income of €825, resulting in a gross yield of 4.5%. However, the standard quality condition may affect long-term tenant retention.
Fair value modelled at €90,012 from the area baseline, adjusted for condition and location. Asking €220,000 sits €129,988 (59.1%) above — overpriced versus fair value.
Asking €220,000 versus the Montijo e Afonsoeiro, Montijo, Setúbal area baseline of €180,967 (€2,701/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 49/100 (Condition 45 · Materials 55 · Room dimensions 58). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 55/100 (Housing Market 50 · Amenities 55 · Economic 45 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Montijo e Afonsoeiro, Montijo, Setúbal
Area baseline €180,967 + condition -€27,533 + location +€2,305 = modelled fair value of €90,012 (€1,343/m²), a €129,988 (59.1%) gap versus the €220,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Montijo e Afonsoeiro · dbd47d | Subject | €220,000 | €3,284 | — | 45 | 55 |
| Montijo e Afonsoeiro · 937398 | Active | €138,500 | €2,518 | 23.3% | 50 | 45 |
| rua Luís Afonso | Active | €230,000 | €3,151 | 4.0% | 65 | 54 |
| rua das Forças Armadas S / N | Active | €240,000 | €2,667 | 18.8% | 65 | 59 |
| São Francisco · 893606 | Active | €290,000 | €3,021 | 8.0% | 62 | 53 |
| Median comp | €235,000 | €2,844 | 13.4% | 64 | 54 |
Long-term rental The 1-bed apartment in Montijo is overpriced at €220,000 given the fair value of only €90,012, indicating a substantial gap of 59.1%. With a gross yield of 4.5%, the investment is unlikely to produce sufficient returns to justify the elevated purchase price, particularly in a mixed urban-rural area. Value-add renovation While the property presents an opportunity for value-add renovations, its current overpriced status at €220,000 compared to a fair value of €90,012 means any financial outlay on improvements would be risky. The apartment's condition score of 49/100 and the overall neighborhood rating of 55/100 suggest that reinvestment might not yield significant increases in property value in this market context.
Economic Vulnerability With an economic stability score of 45/100, there is a significant risk of downturns affecting property values and rental income.
