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 90 m², energy rating D. Located Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Noteworthy Features: The apartment includes a sunroom ideal for relaxation and a significant 20m² attic storage area, enhancing its overall functionality and appeal in a central location.
The valuation. The asking price of €260,000 is significantly above the fair value of €152,974, marking an excess of €107,026 (41.2%). This property is not a sound investment at its current price point. Buy-to-flip angle. With modest modern finishes and dated elements, a strategic renovation could enhance the apartment's appeal, allowing for potential resale at a profit after targeted upgrades. Buy-to-let angle. A gross yield of 3.7% translates to an estimated monthly income of €802, making the property viable for long-term rental, particularly targeting families in the mixed neighborhood of Montijo.
Fair value modelled at €152,974 from the area baseline, adjusted for condition and location. Asking €260,000 sits €107,026 (41.2%) above — overpriced versus fair value.
Asking €260,000 versus the Montijo e Afonsoeiro, Montijo, Setúbal area baseline of €154,800 (€1,720/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 (Condition 75 · Materials 70 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 55/100 (Housing Market 60 · 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 €154,800 + condition -€4,922 + location +€3,096 = modelled fair value of €152,974 (€1,700/m²), a €107,026 (41.2%) gap versus the €260,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Montijo e Afonsoeiro · 65a82d | Subject | €260,000 | €2,889 | — | 75 | 55 |
| São Francisco · 893606 | Active | €290,000 | €3,021 | 4.6% | 62 | 53 |
| rua das Forças Armadas S / N | Active | €240,000 | €2,667 | 7.7% | 65 | 59 |
| Montijo e Afonsoeiro · 0016f6 | Active | €235,000 | €3,133 | 8.5% | 72 | 66 |
| rua Jorge de Sena, 197 | Active | €267,000 | €3,985 | 37.9% | 75 | 59 |
| Median comp | €253,500 | €3,077 | 6.5% | 69 | 59 |
Long-term rental The 2-bed apartment in Montijo e Afonsoeiro is overpriced by 41.2%, making it a less attractive option for long-term rental investments given the yield of only 3.7%. With a fair value of €152,974, prospective landlords may find it challenging to justify the current asking price against the apartment's condition and neighbourhood ratings. Family rental Although the apartment has potential for family rentals, its 41.2% gap from fair value indicates that it is overpriced at €260,000. Families looking for rental properties in this suburban area may be deterred by both the high price and the moderate neighbourhood quality score of 55/100.
Economic and Tenant Instability The property has both economic and tenant stability scores at 55/100, indicating a higher risk of tenant turnover and potential rental income fluctuations due to unstable market conditions.
