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 160 m², built in 2007. Located Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. This apartment includes a gourmet area with built-in barbecue, enhancing outdoor entertaining and family gatherings.
The valuation. The asking price of €437,900 sits significant above the fair value of €275,148, reflecting an overpricing of €162,752 (37.2%). This discrepancy raises concerns regarding potential return on investment.
Fair value modelled at €275,148 from the area baseline, adjusted for condition and location. Asking €437,900 sits €162,752 (37.2%) above — overpriced versus fair value.
Asking €437,900 versus the Montijo e Afonsoeiro, Montijo, Setúbal area baseline of €275,200 (€1,720/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 72 · Materials 80 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 47/100 (Housing Market 40 · Amenities 50 · Economic 50 · Tenant Quality 50). Softer demand indicators apply a discount to baseline.
Montijo e Afonsoeiro, Montijo, Setúbal
Area baseline €275,200 + condition +€3,250 + location -€3,302 = modelled fair value of €275,148 (€1,720/m²), a €162,752 (37.2%) gap versus the €437,900 asking price.
Long-term rental The property is overpriced at €437,900, significantly exceeding the fair value of €275,148, indicating a gap of 37.2%. With a gross yield of only 3.2% and a neighborhood score of 47/100, the potential return on investment is limited, making it less attractive for long-term rental purposes. Family rental Given the neighborhood's average amenities and tenant quality ratings, along with the current listing price, the property appears overpriced. The 3.2% gross yield does not justify the significant price premium over its fair value, thus limiting its appeal for family rentals.
Tenant turnover risk With both economic and tenant stability scores at 50/100, there is a significant risk of high tenant turnover, potentially leading to increased vacancy rates and costs associated with finding new tenants.
