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 95 m², built in 1988. Located Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Noteworthy Features: This apartment includes an independent service/laundry area enhancing practical living convenience and stylish, modern finishes that cater to contemporary tastes.
The valuation. The asking price of €280,000 is significantly above the fair value of €172,251, indicating the property is overpriced by €107,749 (38.5%). This price point raises concerns about potential investment returns. Buy-to-flip angle. A buy-to-flip strategy may be challenging, as the substantial markup from fair value necessitates a marked appreciation in property value to justify a profitable resale. Quick flips may not be feasible unless significant renovations increase market appeal. Buy-to-let angle. The estimated gross yield of 3.8% (~€887/month) suggests that long-term rental income might be stable; however, the high asking price could impact overall returns. The property’s modern amenities may attract tenants despite its location rating.
Fair value modelled at €172,251 from the area baseline, adjusted for condition and location. Asking €280,000 sits €107,749 (38.5%) above — overpriced versus fair value.
Asking €280,000 versus the Montijo e Afonsoeiro, Montijo, Setúbal area baseline of €265,620 (€2,796/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 75 · Materials 80 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 59/100 (Housing Market 50 · Amenities 50 · Economic 60 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Montijo e Afonsoeiro, Montijo, Setúbal
Area baseline €265,620 + condition +€2,969 + location +€5,882 = modelled fair value of €172,251 (€1,813/m²), a €107,749 (38.5%) gap versus the €280,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Montijo e Afonsoeiro · 262136 | Subject | €280,000 | €2,947 | — | 75 | 59 |
| Montijo e Afonsoeiro · f36607 | Active | €375,000 | €3,641 | 23.5% | 72 | 54 |
| Montijo e Afonsoeiro · 261d89 | Active | €285,000 | €3,750 | 27.2% | 72 | 55 |
| Montijo e Afonsoeiro · 4a8081 | Active | €285,000 | €3,476 | 17.9% | 68 | 59 |
| rua Dona Inês de Castro | Active | €395,000 | €3,185 | 8.1% | 75 | 57 |
| Median comp | €330,000 | €3,559 | 20.7% | 72 | 56 |
Long-term rental The 3-bed apartment in Montijo e Afonsoeiro, listed at €280,000, is overpriced by 38.5% compared to its fair value of €172,251, making it a riskier investment in the long-term rental market. With a gross yield of only 3.8%, the potential return doesn't justify the high entry cost required in this area. Buy-and-hold Investing in this apartment for a buy-and-hold strategy would not be advisable, given its valuation disparity and an economic landscape that suggests limited upside potential. The neighborhood's condition rating of 77, coupled with a low overall safety and amenities score, indicates a market that may struggle to appreciate significantly over time.
Tenant turnover risk The tenant stability score of 65/100 suggests a moderate risk of tenant turnover, which could lead to increased vacancy rates and reduced cash flow.
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