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 125 m², built in 2014, energy rating D. Located on rua Gomes Eanes de Azurara, 8, Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Noteworthy Features: This apartment boasts dual balconies—one accessed from the master bedroom and another from the living room—enhancing both comfort and outdoor connectivity in a modern setting.
The valuation. The asking price of €325,000 is significantly above the fair value of €217,810, indicating the property is overpriced by €107,190 (33.0%). This discrepancy suggests limited potential for value appreciation.
Fair value modelled at €217,810 from the area baseline, adjusted for condition and location. Asking €325,000 sits €107,190 (33.0%) above — overpriced versus fair value.
Asking €325,000 versus the rua Gomes Eanes de Azurara, 8 area baseline of €215,000 (€1,720/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 73 · Materials 82 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 46/100 (Housing Market 40 · Amenities 50 · Economic 35 · Tenant Quality 60). Softer demand indicators apply a discount to baseline.
rua Gomes Eanes de Azurara, 8
Area baseline €215,000 + condition +€6,250 + location -€3,440 = modelled fair value of €217,810 (€1,742/m²), a €107,190 (33.0%) gap versus the €325,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Gomes Eanes de Azurara, 8 | Subject | €325,000 | €2,600 | — | 73 | 46 |
| Montijo e Afonsoeiro · 65a82d | Active | €260,000 | €2,889 | 11.1% | 75 | 55 |
| rua Jorge de Sena, 197 | Active | €267,000 | €3,985 | 53.3% | 75 | 59 |
| rua Eça de Queiroz, 925 | Active | €340,000 | €3,542 | 36.2% | 75 | 50 |
| Montijo e Afonsoeiro · cfe290 | Active | €365,000 | €3,174 | 22.1% | 77 | 56 |
| Median comp | €303,500 | €3,358 | 29.2% | 75 | 56 |
Long-term rental The property appears overpriced with a fair value of €217,810 compared to the listing price of €325,000, reflecting a significant 33.0% premium. Given the low neighborhood score of 46/100 and modest gross yield of 3.9%, long-term rental potential may not meet investor expectations. Value-add renovation While the current condition rating of 78/100 indicates that the property is relatively well-maintained, the substantial gap in pricing suggests that renovation investments may not yield a return befitting the initial purchase price. Due to the overpriced nature of this asset, any potential value added through renovations could be hindered by the excessive cost of entry into the market.
Low Economic Stability Risk The property is situated in an area with a low economic stability score of 35/100, indicating potential financial challenges that could affect property value and investment returns.