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 94 m². Located Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Noteworthy Feature: This apartment boasts two facades that ensure ample natural light throughout the day, enhancing the overall living environment despite the need for updates in some areas.
The valuation. The asking price of €275,000 is significantly above the fair value of €147,554, representing an overpricing of €127,446, or 46.3%. This suggests the property is not a prudent investment at its current listing price.
Fair value modelled at €147,554 from the area baseline, adjusted for condition and location. Asking €275,000 sits €127,446 (46.3%) above — overpriced versus fair value.
Asking €275,000 versus the Montijo e Afonsoeiro, Montijo, Setúbal area baseline of €161,680 (€1,720/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 62/100 (Condition 65 · Materials 60 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 57/100 (Housing Market 50 · Amenities 60 · Economic 50 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Montijo e Afonsoeiro, Montijo, Setúbal
Area baseline €161,680 + condition -€18,653 + location +€4,527 = modelled fair value of €147,554 (€1,570/m²), a €127,446 (46.3%) gap versus the €275,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Montijo e Afonsoeiro · 023888 | Subject | €275,000 | €2,926 | — | 65 | 57 |
| rua da Biologia, 75 | Active | €285,000 | €2,740 | 6.3% | 62 | 54 |
| rua dos Girassóis | Active | €270,000 | €3,176 | 8.6% | 55 | 59 |
| Montijo e Afonsoeiro · 6fb85f | Active | €290,000 | €2,636 | 9.9% | 70 | 54 |
| Montijo e Afonsoeiro · 6d51bd | Active | €249,900 | €3,245 | 10.9% | 68 | 57 |
| Median comp | €277,500 | €2,958 | 1.1% | 65 | 56 |
Long-term rental This 3-bed apartment in Montijo e Afonsoeiro is overpriced at €275,000, especially considering its fair value of €147,554, revealing a substantial 46.3% gap. With a gross yield of 3.5% and a low neighborhood rating of 57/100, the potential for sustainable rental income appears limited. Buy-and-hold Investing in this property as a buy-and-hold strategy is not advisable due to its significant overvaluation and lack of robust tenant demand reflected in the neighborhood’s 57/100 rating. The property’s gross yield of 3.5% does not sufficiently compensate for the risks associated with long-term holding in an overpriced market. Family rental While seeking to attract families as tenants may seem viable, the apartment’s overvalued price of €275,000 and the 62/100 condition score limit its appeal to quality tenants. Additionally, the suburban location with limited public transport may deter families looking for convenience, making this strategy less effective.
Economic Vulnerability The property has a low economic stability score of 50/100, which may indicate potential challenges in maintaining rental income.
