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.
4-bedroom, 2-bathroom apartment of 169 m², energy rating D. Located on praça do Montijo, Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Noteworthy Features: The property includes a spacious 70 m² private terrace perfect for entertaining and a 60 m² attic for versatile use, enhancing its living and entertaining potential.
The valuation. The asking price of €467,000 is significantly above the fair value of €271,723, indicating the property is overpriced by €195,277, or 41.8%. This discrepancy may deter potential investors looking for value. Buy-to-flip angle. Given its current condition and outdated finishes, implementing modern upgrades could enhance the property’s appeal, making it suitable for a quick resale. However, the high asking price makes it challenging to secure substantial profit margins. Buy-to-let angle. With an estimated gross rental yield of 4.7%, generating approximately €1,829 per month could provide steady cash flow for long-term investors. The suburban location also offers decent amenities, attractive for potential tenants.
Fair value modelled at €271,723 from the area baseline, adjusted for condition and location. Asking €467,000 sits €195,277 (41.8%) above — overpriced versus fair value.
Asking €467,000 versus the praça do Montijo area baseline of €472,524 (€2,796/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 (Condition 65 · Materials 70 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 53/100 (Housing Market 50 · Amenities 50 · Economic 60 · Tenant Quality 50). Strong amenities and housing-market momentum support a premium to baseline.
praça do Montijo
Area baseline €472,524 + condition -€22,445 + location +€3,488 = modelled fair value of €271,723 (€1,608/m²), a €195,277 (41.8%) gap versus the €467,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praça do Montijo | Subject | €467,000 | €2,763 | — | 65 | 53 |
| Montijo e Afonsoeiro · 6fb85f | Active | €290,000 | €2,636 | 4.6% | 70 | 54 |
| Montijo e Afonsoeiro · 6d51bd | Active | €249,900 | €3,245 | 17.4% | 68 | 57 |
| praça da Paz | Active | €280,000 | €2,745 | 0.7% | 72 | 56 |
| Montijo e Afonsoeiro · 4a8081 | Active | €285,000 | €3,476 | 25.8% | 68 | 59 |
| Median comp | €282,500 | €2,995 | 8.4% | 69 | 57 |
Long-term rental The property is overpriced at €467,000, compared to the fair value of €271,723, resulting in a gap of 41.8%. With a gross yield of only 4.7% and a neighbourhood rating of 53/100, long-term rental prospects are limited, making this investment less appealing. Buy-and-hold Given its current pricing, this property, listed at €467,000, is not positioned to appreciate significantly given the fair value of €271,723 and the overall neighbourhood condition of 53/100. The potential return on investment is compromised by its 4.7% gross yield and the overpriced assessment, suggesting that holding this asset could yield inadequate financial rewards in the long term.
Economic volatility risk With an economic stability score of 60/100, fluctuations in the local economy could affect rental income and property value, potentially leading to financial instability. Tenant turnover risk A tenant stability score of 50/100 indicates a greater likelihood of tenant turnover, which can result in increased vacancy rates and costs associated with finding new tenants.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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