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 77 m², built in 1994. Located Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. This apartment features a spacious kitchen with a dining area, enhancing its appeal for family gatherings and everyday living in a central location.
The valuation. The asking price of €249,900 sits 49.9% above the fair value of €125,080, indicating the property is overpriced. This disparity suggests a need for thorough negotiation or reconsideration for potential buyers.
Fair value modelled at €125,080 from the area baseline, adjusted for condition and location. Asking €249,900 sits €124,820 (49.9%) above — overpriced versus fair value.
Asking €249,900 versus the Montijo e Afonsoeiro, Montijo, Setúbal area baseline of €132,440 (€1,720/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 (Condition 68 · Materials 62 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 57/100 (Housing Market 50 · Amenities 50 · Economic 45 · Tenant Quality 50). Strong amenities and housing-market momentum support a premium to baseline.
Montijo e Afonsoeiro, Montijo, Setúbal
Area baseline €132,440 + condition -€11,069 + location +€3,708 = modelled fair value of €125,080 (€1,624/m²), a €124,820 (49.9%) gap versus the €249,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Montijo e Afonsoeiro · 6d51bd | Subject | €249,900 | €3,245 | — | 68 | 57 |
| Montijo e Afonsoeiro · 023888 | Active | €275,000 | €2,926 | 9.9% | 65 | 57 |
| Montijo e Afonsoeiro · 4a8081 | Active | €285,000 | €3,476 | 7.1% | 68 | 59 |
| Montijo e Afonsoeiro · 261d89 | Active | €285,000 | €3,750 | 15.5% | 72 | 55 |
| rua da Biologia, 75 | Active | €285,000 | €2,740 | 15.6% | 62 | 54 |
| Median comp | €285,000 | €3,201 | 1.4% | 67 | 56 |
Long-term rental The property in Montijo is overpriced at €249,900, far exceeding its fair value of €125,080 by 49.9%. The gross yield of 4.3% is relatively low, indicating that long-term rental potential may not justify the elevated price. Buy-and-hold Investing in this 3-bed apartment seems misguided given its valuation at €249,900, which is significantly higher than the estimated fair value of €125,080. The long-term appreciation in a largely rural area with limited economic opportunities is unlikely to offset the current overpricing. Family rental At €249,900, the apartment's price is inflated compared to its fair value of €125,080, creating a substantial gap of 49.9%. While the property may appeal to families given the safer rural environment, the high price diminishes its attractiveness in the family rental market.
Increased vacancy risk With an economic stability score of 45 and a tenant stability score of 50, there is a heightened risk of vacancies due to potential economic downturns affecting tenant retention.
