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 76 m², energy rating D. Located Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Noteworthy Features: The apartment has been intelligently remodeled to enhance spaciousness and modern aesthetics, with potential to revert back to a three-bedroom configuration, making it versatile for future needs.
The valuation. The asking price of €285,000 is significantly above the fair value of €133,334, representing a markup of €151,666 (53.2%). This property is clearly overpriced in the current market. Buy-to-flip angle. A buy-to-flip strategy may not be viable, given the substantial disparity between the asking price and fair market value, limiting potential resale profit. Investors should consider the high acquisition cost versus potential returns. Buy-to-let angle. The projected gross yield of 3% (~€712/month) indicates modest rental income potential at this asking price. The property may attract long-term tenants due to its appealing kitchen and modern bathrooms, though competition is present in the mixed neighborhood.
Fair value modelled at €133,334 from the area baseline, adjusted for condition and location. Asking €285,000 sits €151,666 (53.2%) above — overpriced versus fair value.
Asking €285,000 versus the Montijo e Afonsoeiro, Montijo, Setúbal area baseline of €130,720 (€1,720/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 72 · Materials 78 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 55/100 (Housing Market 55 · Amenities 50 · Economic 50 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Montijo e Afonsoeiro, Montijo, Setúbal
Area baseline €130,720 + condition +€0 + location +€2,614 = modelled fair value of €133,334 (€1,754/m²), a €151,666 (53.2%) gap versus the €285,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Montijo e Afonsoeiro · 261d89 | Subject | €285,000 | €3,750 | — | 72 | 55 |
| Montijo e Afonsoeiro · f36607 | Active | €375,000 | €3,641 | 2.9% | 72 | 54 |
| Montijo e Afonsoeiro · 262136 | Active | €280,000 | €2,947 | 21.4% | 75 | 59 |
| Montijo e Afonsoeiro · 4a8081 | Active | €285,000 | €3,476 | 7.3% | 68 | 59 |
| Montijo e Afonsoeiro · 6d51bd | Active | €249,900 | €3,245 | 13.5% | 68 | 57 |
| Median comp | €282,500 | €3,361 | 10.4% | 70 | 58 |
Long-term rental The 3-bed apartment in Montijo e Afonsoeiro is overpriced at €285,000, with a significant 53.2% gap compared to its fair value of €133,334. The 3% gross yield is not compelling given the property’s high listing price and the average neighborhood rating of 55/100. Buy-and-hold Investing in this apartment for a buy-and-hold strategy is questionable due to its current price being substantially above fair value, with a 53.2% disparity. While property values can appreciate, the yield of only 3% and a less than ideal neighborhood rating may lead to suboptimal returns over time. Family rental The property’s inconsistent condition rating of 75/100 and its overpriced status at €285,000 make it a less attractive option for family rental. Given its relative proximity to Setúbal, the area may attract families, but the neighborhood's low score of 55/100 suggests potential challenges in tenant desirability and satisfaction.
Economic Vulnerability The economic stability score of 50/100 indicates a heightened risk of fluctuations in property value due to potential local economic downturns.
