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.
2-bedroom, 2-bathroom country_house of 101 m², energy rating D. Located Pegões parish, Montijo municipality, Setúbal district. Noteworthy Features: The property includes a water borehole, essential for agricultural use, and offers expansion potential of up to 360 m² for the main house.
The valuation. The asking price of €650,000 sits significantly above the fair value of €162,991, representing a staggering 74.9% overpricing. This valuation clearly signals a lack of alignment with market realities.
Fair value modelled at €162,991 from the area baseline, adjusted for condition and location. Asking €650,000 sits €487,009 (74.9%) above — overpriced versus fair value.
Asking €650,000 versus the Pegões, Montijo, Setúbal area baseline of €173,720 (€1,720/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 (Condition 64 · Materials 68 · Room dimensions 69). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 55/100 (Housing Market 50 · Amenities 50 · Economic 60 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Pegões, Montijo, Setúbal
Area baseline €173,720 + condition -€14,203 + location +€3,474 = modelled fair value of €162,991 (€1,614/m²), a €487,009 (74.9%) gap versus the €650,000 asking price.
Long-term rental The property is significantly overpriced at €650,000, with a fair value of only €162,991, resulting in a 74.9% gap that suggests unsustainable investment potential. With a gross yield of 0% and a mediocre neighbourhood score of 55/100, it may struggle to attract reliable long-term tenants. Value-add renovation Given the property's condition score of 66/100, potential for value-add renovation appears limited unless significant investments align with current market demands. However, considering its substantial overvaluation compared to fair market value, any renovation strategy will likely fail to justify the initial acquisition cost. Not ideal for The property is not well-suited for the luxury market, given its significant overpricing and low tenant quality issues within the surrounding area. This disconnect further solidifies its unsuitability for investors targeting high-end segment returns.
Tenant turnover risk High tenant turnover can be anticipated with both economic and tenant stability scores at 60/100, indicating potential challenges in maintaining consistent occupancy and revenue streams.
