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. This apartment features a cozy living room complemented by a fireplace, perfect for family gatherings, and a sunroom with excellent sun exposure for added comfort.
The valuation. The asking price of €270,000 exceeds the fair value of €160,570 by €109,430, or 40.5%. This property is considered overpriced, which may hinder investment potential unless substantial value can be added.
Fair value modelled at €160,570 from the area baseline, adjusted for condition and location. Asking €270,000 sits €109,430 (40.5%) 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 67/100 (Condition 70 · Materials 65 · Room dimensions 68). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 57/100 (Housing Market 50 · Amenities 50 · Economic 60 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Montijo e Afonsoeiro, Montijo, Setúbal
Area baseline €168,560 + condition -€12,709 + location +€4,720 = modelled fair value of €160,570 (€1,638/m²), a €109,430 (40.5%) gap versus the €270,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Montijo e Afonsoeiro · 893590 | Subject | €270,000 | €2,755 | — | 70 | 57 |
| Montijo e Afonsoeiro · 65a46c | Active | €270,000 | €2,755 | 0% | 65 | 52 |
| rua Mário Miguel de Sousa Rama | Active | €360,000 | €3,462 | 25.6% | 71 | 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 |
| Median comp | €280,000 | €3,000 | 8.9% | 69 | 56 |
Buy-and-hold The 3-bed apartment's listing price of €270,000 indicates an overpriced position compared to the fair value of €160,570, reflecting a significant gap of 40.5%. Given the current gross yield of 4.1% and the overall condition and neighbourhood ratings, long-term appreciation may be limited. Value-add renovation While the property could benefit from upgrades, its current price of €270,000 suggests a substantial overvaluation against the fair value of €160,570. This high entry point may restrict the return on investment despite potential improvements in the 67/100 condition and 57/100 neighbourhood score. Long-term rental At €270,000, the apartment is overpriced relative to the fair value of €160,570, resulting in a 4.1% gross yield that may not justify the investment. The combination of high purchase price and average ratings in condition and neighbourhood implies that rental returns could be underwhelming in the long run.
Economic and Tenant Stability Risk The combined economic and tenant stability scores of 60/100 indicate a higher likelihood of tenant turnover and economic downturns impacting rental income.
