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 duplex of 90 m², built in 1990, energy rating D. Located on rua das Forças Armadas S / N, Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Noteworthy Features: The property includes a private storage room above, with a preliminary study for easy conversion into a T2+1 or T3 duplex, enhancing its investment potential.
The valuation. The asking price of €240,000 is significantly above the fair value of €144,342, representing a 39.9% overvaluation. This discrepancy suggests the property is overpriced and may not attract serious offers without adjustments.
Fair value modelled at €144,342 from the area baseline, adjusted for condition and location. Asking €240,000 sits €95,658 (39.9%) above — overpriced versus fair value.
Asking €240,000 versus the rua das Forças Armadas S / N area baseline of €154,800 (€1,720/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 64/100 (Condition 65 · Materials 60 · Room dimensions 68). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 59/100 (Housing Market 50 · Amenities 55 · Economic 48 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua das Forças Armadas S / N
Area baseline €154,800 + condition -€16,031 + location +€5,573 = modelled fair value of €144,342 (€1,604/m²), a €95,658 (39.9%) gap versus the €240,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua das Forças Armadas S / N | Subject | €240,000 | €2,667 | — | 65 | 59 |
| São Francisco · 893606 | Active | €290,000 | €3,021 | 13.3% | 62 | 53 |
| rua Luís Afonso | Active | €230,000 | €3,151 | 18.2% | 65 | 54 |
| Montijo e Afonsoeiro · 65a82d | Active | €260,000 | €2,889 | 8.3% | 75 | 55 |
| Montijo e Afonsoeiro · 4a7cfb | Active | €290,000 | €2,959 | 11.0% | 62 | 58 |
| Median comp | €275,000 | €2,990 | 12.1% | 64 | 55 |
Long-term rental The property’s gross yield of 3.9% indicates a modest return, particularly against its fair value of €144,342, suggesting that the €240,000 asking price is not justified. Additionally, with a neighborhood score of 59/100 and the area being primarily agricultural with limited economic activity, long-term rent may not attract desirable tenants. Family rental While the space could be attractive for families looking for a duplex, the asking price of €240,000 significantly exceeds its fair value of €144,342, making it less appealing. Furthermore, the property's location in a peripheral, agricultural area may limit the attractiveness for families seeking vibrant community amenities.
Economic Vulnerability The low economic stability score of 48 out of 100 suggests potential challenges in the local economy that could lead to reduced tenant demand and increased vacancy rates.
