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 144 m², built in 2003, energy rating D. Located on rua Mário Viegas, 17, Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Noteworthy Features: Enjoy prime sunrise and sunset views over the river, and benefit from a blank canvas layout allowing for personalized renovations tailored to your vision.
The valuation. The asking price of €285,000 is above the fair value of €244,494, resulting in an overpricing of €40,506 (14.2%). This valuation indicates that the property is not a sound investment at the current asking price.
Fair value modelled at €244,494 from the area baseline, adjusted for condition and location. Asking €285,000 sits €40,506 (14.2%) above — overpriced versus fair value.
Asking €285,000 versus the rua Mário Viegas, 17 area baseline of €247,680 (€1,720/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 (Condition 70 · Materials 65 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 62/100 (Housing Market 55 · Amenities 60 · Economic 65 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua Mário Viegas, 17
Area baseline €247,680 + condition -€15,075 + location +€11,889 = modelled fair value of €244,494 (€1,698/m²), a €40,506 (14.2%) gap versus the €285,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Mário Viegas, 17 | Subject | €285,000 | €1,979 | — | 70 | 62 |
| Montijo e Afonsoeiro · 937651 | Active | €307,500 | €2,278 | 15.1% | 68 | 58 |
| rua Cidade de Beja S / N | Active | €289,900 | €2,319 | 17.2% | 75 | 54 |
| Montijo e Afonsoeiro · f366e0 | Active | €360,000 | €2,553 | 29.0% | — | 55 |
| rua Gago Coutinho S / N | Active | €308,000 | €2,281 | 15.3% | 70 | 62 |
| Median comp | €307,750 | €2,300 | 16.2% | 70 | 57 |
Long-term rental The property is overpriced by 14.2%, making it a less attractive option for long-term investment compared to its fair value of €244,494. Additionally, with a gross yield of only 3.6%, it fails to deliver a compelling return on investment for long-term rental strategies. Family rental At €285,000, the property exceeds its fair value, which may deter potential families looking for reasonably priced housing options in Montijo. The neighborhood's relatively low quality score of 62/100 further suggests that the property may not meet the expectations of family renters. Buy-and-hold The 14.2% gap above fair value indicates that the property is overpriced, leading to concerns about potential appreciation over time. Moreover, given its medium condition rating of 68/100 and mediocre neighborhood traits, this strategy may not yield the expected financial outcomes. Not ideal for Short-term vacation rental and Luxury market strategies are also weakened by the current pricing, as the high initial costs reduce profitability in those segments. Factors such as suburban characteristics and increased crime rates further complicate attractiveness in these markets.
Economic vulnerability With an economic stability score of 65/100, the property is at risk of economic fluctuations that could impact rental income and property value. Tenant retention risk A tenant stability score of 65/100 suggests a moderate risk of tenant turnover, potentially leading to increased vacancy rates and lost rental income.
