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.
5-bedroom, 3-bathroom apartment of 196 m², energy rating A+. Located Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Noteworthy features: The apartment boasts an ambient sound system and an exceptional kitchen with high-quality white lacquered cabinetry, emphasizing both luxury and modern convenience. Unique aspects: Located just 5 minutes from the Vasco da Gama Bridge, it offers excellent connectivity to the surrounding area.
The valuation. The asking price of €695,000 is significantly above the fair value of €367,014, making it overpriced by €327,986 (47.2%). This discrepancy indicates the current listing is not a viable investment opportunity.
Fair value modelled at €367,014 from the area baseline, adjusted for condition and location. Asking €695,000 sits €327,986 (47.2%) above — overpriced versus fair value.
Asking €695,000 versus the Montijo e Afonsoeiro, Montijo, Setúbal area baseline of €529,396 (€2,701/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 84/100 (Condition 85 · Materials 88 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 54/100 (Housing Market 50 · Amenities 55 · Economic 50 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Montijo e Afonsoeiro, Montijo, Setúbal
Area baseline €529,396 + condition +€24,500 + location +€5,394 = modelled fair value of €367,014 (€1,873/m²), a €327,986 (47.2%) gap versus the €695,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Montijo e Afonsoeiro · 001519 | Subject | €695,000 | €3,546 | — | 85 | 54 |
| rua Padre Manuel Gonçalves, 150 | Active | €575,000 | €3,042 | 14.2% | 80 | 54 |
| rua Cidade da Praia, 282 | Active | €1,200,000 | €4,494 | 26.7% | 85 | 49 |
| Montijo e Afonsoeiro · 0014f9 | Active | €465,000 | €3,690 | 4.1% | 88 | 58 |
| alameda dos Moinhos | Active | €450,000 | €2,761 | 22.1% | 80 | 58 |
| Median comp | €520,000 | €3,366 | 5.1% | 83 | 56 |
Long-term rental This property presents a gross yield of only 4.2%, which is not competitive given its significant price above fair value, rendering it less attractive for long-term rental opportunities. Additionally, the neighbourhood score of 54/100 indicates potential challenges in tenant quality, further complicating the investment's profitability. Value-add renovation While there is potential for value-add renovations, the current listing price of €695,000 is 47.2% higher than the fair value, which limits the rationale for undertaking significant upgrades. The apartment's condition rating of 84/100 suggests it may not require extensive work, making it harder to justify the high investment relative to expected returns. Family rental Although family rentals could benefit from the property's spacious layout, the 47.2% gap from fair value indicates that the price is considerably inflated and could deter potential renters. The semi-rural location may appeal to families, but the neighbourhood score of 54/100 suggests lower demand for family-oriented tenants. Not ideal for: Luxury market, Student housing, Short-term vacation rental. The property is priced too high for these markets, making it difficult to achieve desirable returns or occupancy rates.
Weak Economic Conditions The economic stability score of 50 indicates a high potential for market fluctuations, which could lead to challenges in tenant retention and overall investment returns.**
