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 104 m², energy rating C. Located on rua Mário Miguel de Sousa Rama, Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Noteworthy Features: This apartment includes a spacious storage unit and easy, available parking, enhancing convenience in a highly sought-after location near Fórum Montijo.
The valuation. The asking price of €360,000 is significantly above the fair value of €181,451, representing a staggering 49.6% overvaluation. This property is firmly positioned as overpriced, reflecting a questionable investment opportunity.
Fair value modelled at €181,451 from the area baseline, adjusted for condition and location. Asking €360,000 sits €178,549 (49.6%) above — overpriced versus fair value.
Asking €360,000 versus the rua Mário Miguel de Sousa Rama area baseline of €178,880 (€1,720/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 (Condition 71 · Materials 76 · Room dimensions 74). Below-median condition lowers fair value versus a renovated baseline unit. Full condition report →
Neighbourhood score 57/100 (Housing Market 60 · Amenities 50 · Economic 60 · Tenant Quality 50). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
rua Mário Miguel de Sousa Rama
Area baseline €178,880 + condition -€2,438 + location +€5,009 = modelled fair value of €181,451 (€1,745/m²), a €178,549 (49.6%) gap versus the €360,000 asking price.
Long-term rental Despite the 3.3% gross yield, which is relatively low, the €360,000 asking price significantly exceeds the calculated fair value of €181,451, making the investment unattractive. The suburban location near Lisbon does not compensate for the overpriced nature of this property, resulting in a diminished potential for stable rental income. Buy-and-hold Investing in this property as a buy-and-hold strategy is not advisable due to its high listing price, which is approximately 49.6% above fair value. This situation limits the likelihood of achieving favorable capital appreciation over time, given the market dynamics in Montijo e Afonsoeiro. Family rental While the apartment's condition of 74/100 may be appealing for family rentals, its €360,000 price tag remains excessively high compared to the fair value assessment. Families seeking affordable housing options are unlikely to consider this unit given its overpriced status in the market, impacting occupancy rates. Not ideal for: Luxury market The property's pricing and neighborhood score suggest it does not fit within the luxury market segment effectively. The combination of overpriced conditions and basic amenities makes it unattractive for high-end buyers. Not ideal for: Short-term vacation rental With the property being overpriced and situated in a suburban area, it lacks the characteristics needed to thrive in the short-term vacation rental market. The combination of a low yield and basic neighborhood amenities further diminishes its appeal for this strategy.
Economic vulnerability The property has an economic stability score of 60/100, indicating potential susceptibility to downturns in the local economy, while the tenant stability score of 50/100 suggests a higher risk of tenant turnover and vacancy.
