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 134 m², built in 2007. Located on rua Provedor Nuno Álvares Pereira, Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. This property features a home automation system and air conditioning in all rooms, enhancing comfort and convenience in daily living.
The valuation. The asking price of €394,990 sits €150,479 (38.1%) above the fair value of €244,511, indicating that the property is overpriced. This significant disparity suggests potential challenges for any investor seeking to secure value in this acquisition.
Fair value modelled at €244,511 from the area baseline, adjusted for condition and location. Asking €394,990 sits €150,479 (38.1%) above — overpriced versus fair value.
Asking €394,990 versus the rua Provedor Nuno Álvares Pereira area baseline of €230,480 (€1,720/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 (Condition 75 · Materials 82 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 55/100 (Housing Market 50 · Amenities 55 · Economic 40 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
rua Provedor Nuno Álvares Pereira
Area baseline €230,480 + condition +€9,422 + location +€4,610 = modelled fair value of €244,511 (€1,825/m²), a €150,479 (38.1%) gap versus the €394,990 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Provedor Nuno Álvares Pereira | Subject | €394,990 | €2,948 | — | 75 | 55 |
| Montijo e Afonsoeiro · cfe2a9 | Active | €437,900 | €2,737 | 7.2% | 72 | 47 |
| Montijo e Afonsoeiro · 937618 | Active | €500,000 | €3,356 | 13.8% | 88 | 55 |
| praça da Concórdia, 273 | Active | €420,000 | €2,857 | 3.1% | 73 | 49 |
| avenida Rainha Santa Isabel | Active | €380,000 | €2,639 | 10.5% | 75 | 57 |
| Median comp | €428,950 | €2,797 | 5.1% | 74 | 52 |
Buy-and-hold The property, listed at €394,990, is overpriced by 38.1% compared to the fair value of €244,511, indicating an unattractive long-term investment potential. With a gross yield of only 3.2% and a neighbourhood rating of 55/100, the financial prospects for capital appreciation are limited. Family rental This property may seem suitable for family rental due to its size, but the substantial overpricing renders it a poor investment choice. The low urban density and the decent condition of 80/100 do not compensate for the 3.2% yield, making it difficult to attract quality tenants in the current market.
High Economic Risk The property faces a significant risk due to an economic stability score of 40/100, indicating potential volatility in income and property values.
