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 135 m², energy rating C. Located on rua Padre Manuel Gonçalves, 216, Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Noteworthy Features: This apartment benefits from integrated ambient sound and underfloor heating, providing a luxurious living experience with year-round comfort and an ideal atmosphere for entertainment.
The valuation. The asking price of €395,000 is significantly above the fair value of €255,029, reflecting an overvaluation of €139,971 (35.4%). This indicates the property is overpriced, potentially limiting buyer interest.
Fair value modelled at €255,029 from the area baseline, adjusted for condition and location. Asking €395,000 sits €139,971 (35.4%) above — overpriced versus fair value.
Asking €395,000 versus the rua Padre Manuel Gonçalves, 216 area baseline of €377,460 (€2,796/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 (Condition 80 · Materials 85 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 58/100 (Housing Market 60 · Amenities 55 · Economic 55 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
rua Padre Manuel Gonçalves, 216
Area baseline €377,460 + condition +€15,398 + location +€7,430 = modelled fair value of €255,029 (€1,889/m²), a €139,971 (35.4%) gap versus the €395,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Padre Manuel Gonçalves, 216 | Subject | €395,000 | €2,926 | — | 80 | 58 |
| rua do Freixo | Active | €399,600 | €2,629 | 10.1% | 75 | 53 |
| praça da Concórdia, 273 | Active | €420,000 | €2,857 | 2.4% | 73 | 49 |
| Montijo e Afonsoeiro · 937618 | Active | €500,000 | €3,356 | 14.7% | 88 | 55 |
| Montijo e Afonsoeiro · 96c0cd | Active | €325,000 | €3,186 | 8.9% | 75 | 53 |
| Median comp | €409,800 | €3,022 | 3.3% | 75 | 53 |
Long-term rental This property in Montijo e Afonsoeiro is overpriced by 35.4% compared to its fair value of €255,029, which could hinder cash flow potential. With a gross yield of only 3.2%, this investment might struggle to attract tenants seeking affordability. Family rental The 3-bed apartment’s condition score of 82/100 may appeal to families, but the price tag of €395,000 suggests it is overpriced, limiting its attractiveness in a competitive market. Additionally, the neighborhood’s low rating of 58/100 indicates potential challenges in tenant satisfaction and retention. Buy-and-hold Investing in this property as a buy-and-hold strategy is problematic due to its current assessment as overpriced by 35.4%, which may impact long-term appreciation. The modest yield of 3.2% does not justify the high entry cost, limiting overall investment viability. Not ideal for The property is not suitable for short-term vacation rental due to its overpriced nature and limited appeal in a suburban neighborhood. Similarly, as student housing or a luxury market option, its elevated price could deter potential tenants looking for value.
Tenant turnover risk The tenant stability score of 60/100 indicates a moderate risk of tenant turnover, which could lead to higher vacancy rates and inconsistent rental income.
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