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 apartment of 94 m², built in 1996, energy rating D. Located on praceta Aldegalega S / N, Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Noteworthy Features: This apartment includes a terrace and garage, providing outdoor space and secure parking, enhancing its appeal for both comfort and convenience. Proximity to Amenities: Located near essential services and public transport. Usufruct Sale: The property is sold with lifetime usufruct of the current owner.
The valuation. The asking price of €150,000 is slightly above fair value at €148,494, reflecting a premium of €1,506 or 1.0%. This property is deemed overpriced in the current market conditions.
Fair value modelled at €148,494 from the area baseline, adjusted for condition and location. Asking €150,000 sits €1,506 (1.0%) above — overpriced versus fair value.
Asking €150,000 versus the praceta Aldegalega S / N area baseline of €161,680 (€1,720/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 63/100 (Condition 68 · Materials 60 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 58/100 (Housing Market 50 · Amenities 55 · Economic 60 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
praceta Aldegalega S / N
Area baseline €161,680 + condition -€18,359 + location +€5,174 = modelled fair value of €148,494 (€1,580/m²), a €1,506 (1.0%) gap versus the €150,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praceta Aldegalega S / N | Subject | €150,000 | €1,596 | — | 68 | 58 |
| Montijo e Afonsoeiro · ba5ad1 | Active | €265,000 | €2,366 | 48.3% | 70 | 49 |
| rua Cidade de Beja S / N | Active | €289,900 | €2,319 | 45.3% | 75 | 54 |
| rua Mário Viegas, 17 | Active | €285,000 | €1,979 | 24.0% | 70 | 62 |
| rua Bento Gonçalves, 17 | Active | €435,000 | €1,510 | 5.3% | 70 | 71 |
| Median comp | €287,450 | €2,149 | 34.7% | 70 | 58 |
Long-term rental The apartment's gross yield of 6.7% suggests that while it may generate steady income, the property is overpriced at €150,000, exceeding its fair value of €148,494 by 1.0%. The limited access to employment and amenities typical of suburban areas could challenge long-term tenant retention. Value-add renovation Although the property has a moderate condition rating of 63/100, indicating potential for improvement, its current asking price of €150,000 reflects an overpriced situation against the fair value. Investors may find it challenging to achieve substantial returns on renovations given the already high initial investment. Family rental With a neighbourhood quality score of 58/100, the property may attract families; however, it is overpriced, offering little room for competitive rental pricing against similar properties. The suburban setting's moderate access to amenities could also limit appeal, particularly for families seeking convenience. Not ideal for: Luxury market, Short-term vacation rental, Student housing
Economic Vulnerability The property may face economic challenges due to a moderate economic stability score of 60/100, which could lead to fluctuations in rental income. Instabilidade económica O imóvel pode enfrentar desafios económicos devido a uma classificação de estabilidade económica moderada de 60/100, o que poderá levar a flutuações na renda.
