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 apartment of 92 m², energy rating C. Located on rua Elvira Tavares Ventura, 152, Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Noteworthy Features: This apartment features two balconies providing excellent outdoor space and views, along with a prime location just 2 minutes from public transport to Lisbon and surrounding areas.
The valuation. The asking price of €330,000 sits significantly above the fair value of €161,716, representing a staggering 51.0% premium. This property is therefore deemed overpriced. Buy-to-flip angle. Given its high-quality finishes, a resale strategy could involve a renovation focus, aiming for a target price increase that leverages market conditions in Montijo. Buy-to-let angle. The gross yield of 3.3%, with estimated rental income at €908 per month, suggests a cautious approach for long-term rental due to the area's limited employment diversity.
Fair value modelled at €161,716 from the area baseline, adjusted for condition and location. Asking €330,000 sits €168,284 (51.0%) above — overpriced versus fair value.
Asking €330,000 versus the rua Elvira Tavares Ventura, 152 area baseline of €158,240 (€1,720/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 (Condition 78 · Materials 82 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx. Full condition report →
Neighbourhood score 43/100 (Housing Market 40 · Amenities 50 · Economic 40 · Tenant Quality 45). Softer demand indicators apply a discount to baseline. Full location report →
rua Elvira Tavares Ventura, 152
Area baseline €158,240 + condition +€7,906 + location -€4,431 = modelled fair value of €161,716 (€1,758/m²), a €168,284 (51.0%) gap versus the €330,000 asking price.
Buy-and-hold The property is priced at €330,000, which is significantly above its fair value of €161,716, indicating it is overpriced by 51.0%. With a gross yield of only 3.3%, the financial return would not justify the investment in this peripheral location. Family rental While the apartment's decent condition rating of 81/100 suggests it could appeal to families, the neighborhood rating of 43/100 signals limited amenities and tenant quality. Given the overpriced listing, the potential for long-term rental demand in this rural area appears compromised.
Tenant turnover risk High tenant turnover is likely given a low Tenant Stability score of 45/100, which may lead to increased vacancy rates and costs associated with finding new tenants.