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, 2-bathroom apartment of 115 m², built in 2017. Located Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Noteworthy Features: This apartment boasts two balconies, one with a barbecue, enhancing both indoor-outdoor living and social gatherings in a beautifully designed space. Unique Aspects: The central vacuuming system provides added convenience and modernity to daily living.
The valuation. The asking price of €365,000 is significantly above the fair value of €209,555, indicating an overpriced property by €155,445 (42.6%). This discrepancy suggests potential caution for investors.
Fair value modelled at €209,555 from the area baseline, adjusted for condition and location. Asking €365,000 sits €155,445 (42.6%) above — overpriced versus fair value.
Asking €365,000 versus the Montijo e Afonsoeiro, Montijo, Setúbal area baseline of €321,540 (€2,796/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 (Condition 77 · Materials 80 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 56/100 (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 €321,540 + condition +€7,008 + location +€4,747 = modelled fair value of €209,555 (€1,822/m²), a €155,445 (42.6%) gap versus the €365,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Montijo e Afonsoeiro · cfe290 | Subject | €365,000 | €3,174 | — | 77 | 56 |
| avenida Rainha Santa Isabel | Active | €380,000 | €2,639 | 16.9% | 75 | 57 |
| rua Dona Inês de Castro | Active | €395,000 | €3,185 | 0.4% | 75 | 57 |
| rua Eça de Queiroz, 925 | Active | €340,000 | €3,542 | 11.6% | 75 | 50 |
| rua Gomes Eanes de Azurara, 8 | Active | €325,000 | €2,600 | 18.1% | 73 | 46 |
| Median comp | €360,000 | €2,912 | 8.3% | 75 | 54 |
Long-term rental The apartment in Montijo e Afonsoeiro, listed at €365,000, is not ideal for long-term rental due to its 42.6% gap from the fair value of €209,555, indicating it is overpriced. With a gross yield of only 3.2%, potential returns may not justify the investment given the property's elevated cost. Family rental While the apartment has some family-friendly features, its current listing price reflects a 42.6% premium over fair value, categorizing it as overpriced. The limited amenities in the suburban area further diminish its appeal for families looking for affordable housing options. Buy-and-hold Investing in this property as a buy-and-hold strategy appears unfavorable, as it is overpriced by 42.6% compared to its fair value of €209,555. The gross yield of 3.2% does not sufficiently compensate for the inflated acquisition cost, making long-term profitability questionable.
Economic Vulnerability The property’s Economic Stability score of 60 suggests a moderate risk to potential returns due to possible fluctuations in local economic conditions that could impact tenant demand and rent prices.
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