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 142 m², built in 2006. Located Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Noteworthy Features: The apartment boasts a cozy fireplace in the living area, enhancing the ambiance, and includes modern kitchen cabinetry with built-in appliances for convenience.
The valuation. The asking price of €339,000 stands €78,424 above the fair value of €260,576, which marks it as overpriced by 23.1%. This discrepancy suggests that potential buyers should proceed with caution.
Fair value modelled at €260,576 from the area baseline, adjusted for condition and location. Asking €339,000 sits €78,424 (23.1%) above — overpriced versus fair value.
Asking €339,000 versus the Montijo e Afonsoeiro, Montijo, Setúbal area baseline of €244,240 (€1,720/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 75 · Materials 80 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx. Full condition report →
Neighbourhood score 59/100 (Housing Market 60 · Amenities 60 · Economic 55 · Tenant Quality 55). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
Montijo e Afonsoeiro, Montijo, Setúbal
Area baseline €244,240 + condition +€7,544 + location +€8,793 = modelled fair value of €260,576 (€1,835/m²), a €78,424 (23.1%) gap versus the €339,000 asking price.
Long-term rental A long-term rental strategy may not be the best fit for this property, as it is currently overpriced by 23.1% relative to its fair value of €260,576. Additionally, the relatively low yield of 4.6% combined with the impact of the nearby industrial zone could deter potential tenants seeking quality living conditions. Buy-and-hold A buy-and-hold strategy faces challenges due to the 23.1% gap between the listing price of €339,000 and the fair value of €260,576, indicating that the property is overpriced. Furthermore, with a neighborhood rating of only 59/100 and industrial influences, long-term appreciation may be limited. Not ideal for luxury market This property is not suited for the luxury market, particularly due to its overpriced status and lower neighborhood desirability. Given the nearby industrial area and a neighborhood rating of 59/100, it lacks the premium appeal typically sought in high-end real estate. Not ideal for short-term vacation rental The property is not well-positioned for short-term vacation rental opportunities, primarily due to being overpriced by 23.1% and the undesirable influences of the neighboring industrial zone. This combination reduces its attractiveness to a market looking for appealing and competitive temporary accommodations.
Potential tenant turnover risk: With both the economic stability and tenant stability scores at 55/100, there is a significant risk of high tenant turnover due to unstable income levels in the area, which may hinder consistent rental income.
