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 82 m², energy rating D. Located Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Noteworthy Features: The apartment boasts a semi-equipped kitchen with access to a small balcony, providing additional outdoor space and enhancing daily functionality. Location Benefits: Conveniently situated in Montijo's central area, it offers easy access to essential amenities and public transport. Valuation Verdict: Fair
The valuation. The asking price of €285,000 sits €144,904 (50.8%) above the fair value of €140,096, indicating the property is overpriced. Such a discrepancy suggests potential buyers should approach with caution and careful financial analysis.
Fair value modelled at €140,096 from the area baseline, adjusted for condition and location. Asking €285,000 sits €144,904 (50.8%) above — overpriced versus fair value.
Asking €285,000 versus the Montijo e Afonsoeiro, Montijo, Setúbal area baseline of €229,272 (€2,796/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 (Condition 68 · Materials 75 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 59/100 (Housing Market 50 · Amenities 55 · Economic 50 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Montijo e Afonsoeiro, Montijo, Setúbal
Area baseline €229,272 + condition -€6,022 + location +€5,077 = modelled fair value of €140,096 (€1,708/m²), a €144,904 (50.8%) gap versus the €285,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Montijo e Afonsoeiro · 4a8081 | Subject | €285,000 | €3,476 | — | 68 | 59 |
| Montijo e Afonsoeiro · 023888 | Active | €275,000 | €2,926 | 15.8% | 65 | 57 |
| Montijo e Afonsoeiro · 6d51bd | Active | €249,900 | €3,245 | 6.6% | 68 | 57 |
| Montijo e Afonsoeiro · 6fb85f | Active | €290,000 | €2,636 | 24.1% | 70 | 54 |
| Montijo e Afonsoeiro · 261d89 | Active | €285,000 | €3,750 | 7.9% | 72 | 55 |
| Median comp | €280,000 | €3,086 | 11.2% | 69 | 56 |
Long-term rental The property is currently overpriced at €285,000, which represents a significant gap of 50.8% compared to its fair value of €140,096. With a gross yield of only 3.3%, the long-term rental strategy is not favorable given the high initial investment and low potential returns. Buy-and-hold At a listing price of €285,000, the property is overpriced, offering little upside for a buy-and-hold strategy, especially with a fair value of only €140,096. The combination of a 3.3% gross yield and a fair valuation gap makes this investment unlikely to appreciate sufficiently to justify the purchase price. Value-add renovation The asking price of €285,000 far exceeds the fair value estimate of €140,096, suggesting the property is overpriced and may not yield the expected returns from a value-add renovation. Although renovations could potentially improve its condition rating of 70/100, the financial risk remains high given the significant valuation gap and low market yield.
Tenant turnover risk The property may face increased vacancy rates due to a tenant stability score of 60/100, indicating potential difficulty in retaining long-term tenants.
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