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 98 m², built in 2009, energy rating C. Located Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Noteworthy Feature: The apartment boasts a cozy living room with a fireplace, enhancing the ambiance for family gatherings during cooler evenings.
The valuation. The asking price of €270,000 is significantly higher than the fair value of €150,768, resulting in an overvaluation of €119,232 (44.2%). This indicates the property is overpriced relative to its market worth.
Fair value modelled at €150,768 from the area baseline, adjusted for condition and location. Asking €270,000 sits €119,232 (44.2%) above — overpriced versus fair value.
Asking €270,000 versus the Montijo e Afonsoeiro, Montijo, Setúbal area baseline of €168,560 (€1,720/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 63/100 (Condition 65 · Materials 60 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 52/100 (Housing Market 50 · Amenities 50 · Economic 55 · Tenant Quality 55). Strong amenities and housing-market momentum support a premium to baseline.
Montijo e Afonsoeiro, Montijo, Setúbal
Area baseline €168,560 + condition -€19,141 + location +€1,348 = modelled fair value of €150,768 (€1,538/m²), a €119,232 (44.2%) gap versus the €270,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Montijo e Afonsoeiro · 65a46c | Subject | €270,000 | €2,755 | — | 65 | 52 |
| Montijo e Afonsoeiro · 893590 | Active | €270,000 | €2,755 | 0% | 70 | 57 |
| Montijo e Afonsoeiro · 6fb85f | Active | €290,000 | €2,636 | 4.3% | 70 | 54 |
| Montijo e Afonsoeiro · 6d51bd | Active | €249,900 | €3,245 | 17.8% | 68 | 57 |
| rua Mário Miguel de Sousa Rama | Active | €360,000 | €3,462 | 25.6% | 71 | 57 |
| Median comp | €280,000 | €3,000 | 8.9% | 70 | 57 |
Long-term rental Given the property's listing price of €270,000 compared to a fair value of €150,768, the investment represents a significant overvaluation of 44.2%, which may affect the potential for long-term rental returns. With a gross yield of only 4.1% in a neighborhood rated 52/100, this property may struggle to attract reliable tenants, particularly as demand for rental units may be limited due to its non-central location. Value-add renovation Although the 63/100 condition rating suggests some room for improvement, the current listing price of €270,000 is far above the fair value of €150,768, indicating it is overpriced by 44.2%. The necessary investment to enhance the property may not yield sufficient returns given the inherent risks associated with a property that is not only overvalued but also situated in a less desirable neighborhood. Not ideal for Luxury market This property, while it has decent safety and low crime typical of suburban areas, is clearly overpriced at €270,000 when fair value is only €150,768, suggesting limited appeal in the luxury market. With a neighborhood score of 52/100, it is unlikely to attract affluent buyers seeking upscale amenities and a prime location. Not ideal for Short-term vacation rental The significant pricing gap between the listing of €270,000 and the fair value of €150,768 implies that the property is overpriced, which could deter potential guests looking for good value in a short-term rental market. Additionally, the non-central location further complicates its suitability for vacation rentals, limiting both attraction and occupancy rates.
Economic and Tenant Risk The property faces a medium risk as both the economic stability and tenant stability scores are at 55/100, indicating potential volatility in rental income and tenant retention.
