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 125 m², energy rating D. Located on rua Cidade de Beja S / N, Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. This apartment features a cozy fireplace in the living room, enhancing the ambiance and comfort during colder months, alongside a direct balcony access for outdoor leisure.
The valuation. The asking price of €289,900 is significantly above the fair value of €211,604, representing an overvaluation of €78,296 (27.0%). This price point lacks justification in the current market context.
Fair value modelled at €211,604 from the area baseline, adjusted for condition and location. Asking €289,900 sits €78,296 (27.0%) above — overpriced versus fair value.
Asking €289,900 versus the rua Cidade de Beja S / N area baseline of €215,000 (€1,720/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 (Condition 75 · Materials 70 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 54/100 (Housing Market 60 · Amenities 55 · Economic 50 · Tenant Quality 50). Strong amenities and housing-market momentum support a premium to baseline.
rua Cidade de Beja S / N
Area baseline €215,000 + condition -€6,836 + location +€3,440 = modelled fair value of €211,604 (€1,693/m²), a €78,296 (27.0%) gap versus the €289,900 asking price.
Buy-and-hold Given the current listing price of €289,900, this property is not an ideal candidate for a buy-and-hold strategy as it exceeds its fair value by 27.0%, limiting potential long-term appreciation. With a gross yield of only 3.8% and a neighbourhood rating of 54/100, the investment does not present a compelling opportunity amid anticipated economic challenges. Value-add renovation Investing in value-add renovations is not advisable for this property, as its current market price is significantly above its fair value, making it difficult to achieve an appropriate return on investment. The 72/100 condition score may suggest some room for improvement, but with the property already deemed overpriced, further investment in renovations may not yield desired financial outcomes. Long-term rental Leveraging this property as a long-term rental may not be beneficial given its market price stands 27% over its fair value, which could affect rental income potential. Additionally, the gross yield of 3.8% is relatively low, and the economic stability influenced by nearby industrial areas raises concerns about tenant demand and retention over time.
Economic and Tenant Instability The combined economic stability score of 50 and tenant stability score of 50 suggests a high risk of fluctuating revenue due to potential tenant turnover and economic downturns in the area, which could affect property income and value stability.
