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, 1-bathroom house of 148 m². Located Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Noteworthy Features: The property includes a complete expansion project for a first floor and a pool, allowing for significant customization and potential value enhancement. Condition Notes: This house requires substantial renovations to address visible wear and tear, including dated fixtures and structural concerns.
The valuation. The asking price of €299,900 exceeds the fair value of €197,400 by €102,500, representing a 34.2% premium. The property is therefore considered overpriced.
Fair value modelled at €197,400 from the area baseline, adjusted for condition and location. Asking €299,900 sits €102,500 (34.2%) above — overpriced versus fair value.
Asking €299,900 versus the Montijo e Afonsoeiro, Montijo, Setúbal area baseline of €254,560 (€1,720/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 47/100 (Condition 42 · Materials 48 · Room dimensions 54). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 57/100 (Housing Market 55 · Amenities 55 · Economic 50 · Tenant Quality 55). Strong amenities and housing-market momentum support a premium to baseline.
Montijo e Afonsoeiro, Montijo, Setúbal
Area baseline €254,560 + condition -€64,287 + location +€7,128 = modelled fair value of €197,400 (€1,334/m²), a €102,500 (34.2%) gap versus the €299,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Montijo e Afonsoeiro · 6d51d2 | Subject | €299,900 | €2,026 | — | 42 | 57 |
| Montijo e Afonsoeiro · 96c496 | Active | €250,000 | €1,613 | 20.4% | 35 | 53 |
| praça da República | Active | €250,000 | €1,289 | 36.4% | 45 | 70 |
| praça da República S / N | Active | €350,000 | €1,759 | 13.2% | 50 | 75 |
| Montijo e Afonsoeiro · 001ad8 | Active | €229,000 | €2,140 | 5.6% | — | 58 |
| Median comp | €250,000 | €1,686 | 16.8% | 45 | 64 |
Long-term rental This property presents a gross yield of 4.9%, but with a fair value of €197,400, the current listing price indicates it is overpriced at €299,900. Investors may struggle to achieve desirable returns given the high entry cost relative to local rental demands in Montijo. Value-add renovation The house's condition rating of 47/100 suggests significant potential for improvement, but the property's current listing price remains 34.2% above fair value. While renovation could enhance asset value, the initial investment at this price point is still challenging and may not provide a satisfying return on investment. Family rental This property is positioned in a moderately rated neighbourhood (57/100) with good commuting options to Lisbon, yet the €299,900 listing price exceeds its fair value of €197,400. Although it may appeal to families looking for long-term stability, the current pricing makes it less attractive in a competitive rental market. Not ideal for Short-term vacation rental, Luxury market, Student housing.
Economic Vulnerability The property is at risk due to a low economic stability score of 50/100, indicating potential issues with the local economy that could affect return on investment.
