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, 0-bathroom house of 68 m², built in 1968, energy rating E. Located Atalaia e Alto Estanqueiro-Jardia parish, Montijo municipality, Setúbal district. Noteworthy Features: This property includes a versatile renovated annex, perfect for a home office or guest suite, alongside a well-appointed terrace with a barbecue for outdoor entertaining.
The valuation. The asking price of €245,000 is significantly above the fair value of €111,053, representing an overvaluation of €133,947 (54.7%). This pricing indicates that the property is overpriced relative to its intrinsic worth.
Fair value modelled at €111,053 from the area baseline, adjusted for condition and location. Asking €245,000 sits €133,947 (54.7%) above — overpriced versus fair value.
Asking €245,000 versus the Atalaia e Alto Estanqueiro-Jardia, Montijo, Setúbal area baseline of €116,960 (€1,720/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 69/100 (Condition 68 · Materials 70 · Room dimensions 68). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 51/100 (Housing Market 50 · Amenities 50 · Economic 55 · Tenant Quality 50). Strong amenities and housing-market momentum support a premium to baseline.
Atalaia e Alto Estanqueiro-Jardia, Montijo, Setúbal
Area baseline €116,960 + condition -€6,375 + location +€468 = modelled fair value of €111,053 (€1,633/m²), a €133,947 (54.7%) gap versus the €245,000 asking price.
Buy-and-hold This property at €245,000 is significantly overpriced when compared to its fair value of €111,053, representing a 54.7% gap. Given the low neighborhood score of 51/100 and the existing economic conditions, holding onto this investment may not yield the desired returns in the long term. Family rental With a listing price of €245,000 and a gross yield of 5.7%, this property does not justify its price in the current market as it is overpriced. Families seeking rental options in the suburban Montijo area may find better value elsewhere, considering the overall condition and amenities available nearby.
Tenant turnover risk: With a tenant stability score of only 50/100, there is a significant risk of high tenant turnover, potentially leading to increased vacancy rates and loss of rental income.
