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, 1-bathroom apartment of 98 m². Located Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. This property features a balcony with city views, enhancing outdoor living in an urban setting.
The valuation. The asking price of €290,000 is significantly above the fair value of €153,588, representing an overpricing of €136,412 (47.0%). This discrepancy indicates the property is overpriced in the current market.
Fair value modelled at €153,588 from the area baseline, adjusted for condition and location. Asking €290,000 sits €136,412 (47.0%) above — overpriced versus fair value.
Asking €290,000 versus the Montijo e Afonsoeiro, Montijo, Setúbal area baseline of €274,008 (€2,796/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 62/100 (Condition 62 · Materials 58 · Room dimensions 66). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 58/100 (Housing Market 60 · Amenities 50 · Economic 55 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Montijo e Afonsoeiro, Montijo, Setúbal
Area baseline €274,008 + condition -€20,366 + location +€5,394 = modelled fair value of €153,588 (€1,567/m²), a €136,412 (47.0%) gap versus the €290,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Montijo e Afonsoeiro · 4a7cfb | Subject | €290,000 | €2,959 | — | 62 | 58 |
| rua das Forças Armadas S / N | Active | €240,000 | €2,667 | 9.9% | 65 | 59 |
| Montijo e Afonsoeiro · 023888 | Active | €275,000 | €2,926 | 1.1% | 65 | 57 |
| São Francisco · 893606 | Active | €290,000 | €3,021 | 2.1% | 62 | 53 |
| rua da Biologia, 75 | Active | €285,000 | €2,740 | 7.4% | 62 | 54 |
| Median comp | €280,000 | €2,833 | 4.3% | 64 | 56 |
Long-term rental The property is overpriced with a listing price of €290,000 compared to a fair value of €153,588, representing a 47.0% gap. Additionally, with a gross yield of only 3.8% and a neighbourhood rating of 58/100, long-term rental prospects appear limited. Family rental Given the high valuation at €290,000 while the fair value sits significantly lower at €153,588, the investment is not financially sound for family rentals. The property's moderate condition score of 62/100 further diminishes its appeal for family-oriented tenants seeking quality housing. Buy-and-hold Although buying and holding can often yield long-term benefits, at a current price of €290,000, this apartment exceeds the fair value by a substantial margin of 47.0%. The combination of a 3.8% gross yield and the lower neighbourhood quality score makes this strategy less viable for investors looking for appreciation and secure rental income.
Economic and Tenant Stability Risk: With an economic stability score of 55/100 and a tenant stability score of 60/100, there is a significant risk related to potential income fluctuations and tenant turnover that could impact cash flow negatively.
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