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, 3-bathroom house of 214 m², built in 2008, energy rating C. Located Pegões parish, Montijo municipality, Setúbal district. Noteworthy Features: This property boasts a direct kitchen-to-backyard access, perfect for seamless outdoor dining and entertainment, complemented by a dedicated barbecue area for family gatherings.
The valuation. The asking price of €410,000 sits €16,632 (4.1%) above the fair value of €393,368. This property is considered overpriced based on current market conditions.
Fair value modelled at €393,368 from the area baseline, adjusted for condition and location. Asking €410,000 sits €16,632 (4.1%) above — overpriced versus fair value.
Asking €410,000 versus the Pegões, Montijo, Setúbal area baseline of €598,344 (€2,796/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 (Condition 80 · Materials 78 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 59/100 (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 €598,344 + condition +€12,037 + location +€13,251 = modelled fair value of €393,368 (€1,838/m²), a €16,632 (4.1%) gap versus the €410,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Pegões · 0900f8 | Subject | €410,000 | €1,916 | — | 80 | 59 |
| Pegões · 6fbe01 | Active | €529,900 | €2,128 | 11.1% | 74 | 54 |
| rua Pedro Alvares Cabral, 72 | Active | €349,000 | €2,547 | 33.0% | 72 | 53 |
| avenida Primeiro de Maio, 1 | Active | €330,000 | €2,063 | 7.7% | 52 | 58 |
| Pegões · 0dcfc0 | Active | €650,000 | €2,167 | 13.1% | — | 57 |
| Median comp | €439,450 | €2,148 | 12.1% | 72 | 56 |
Value-add renovation Despite the property's fairly decent condition rating of 79/100, the gap from fair value at 4.1% indicates that extensive renovations might be necessary to enhance attractiveness and justify potential future market appeal. Given the listing price of €410,000, any significant investment in renovations may not yield a return, making this strategy less viable. Long-term rental With a gross yield of 0% and an overall neighborhood rating of 59/100, the residential rental market in Pegões, Montijo may struggle to attract quality tenants. The current asking price of €410,000 suggests that the return on investment for long-term rental would be insufficient to cover costs adequately, leaving this strategy as a poor choice in the current market context.
Economic and Tenant Stability Risk: With both economic stability and tenant stability scores at 60/100, there is a significant risk of fluctuating demand leading to potential vacancies and revenue decline.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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