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.
2-bedroom, 1-bathroom apartment of 73 m², built in 1973, energy rating D. Located on rua Luís Afonso, Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Noteworthy Features: This apartment includes a generously-sized balcony that offers excellent natural light and a functional distribution, enhancing both living space and outdoor enjoyment in a central location.
The valuation. The asking price of €230,000 is significantly above the fair value of €114,794, indicating the property is overpriced by approximately 50.1%. This discrepancy suggests potential investors may need to negotiate aggressively to avoid overextending financially.
Fair value modelled at €114,794 from the area baseline, adjusted for condition and location. Asking €230,000 sits €115,206 (50.1%) above — overpriced versus fair value.
Asking €230,000 versus the rua Luís Afonso area baseline of €125,560 (€1,720/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 64/100 (Condition 65 · Materials 68 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 54/100 (Housing Market 50 · Amenities 50 · Economic 40 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
rua Luís Afonso
Area baseline €125,560 + condition -€12,775 + location +€2,009 = modelled fair value of €114,794 (€1,573/m²), a €115,206 (50.1%) gap versus the €230,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Luís Afonso | Subject | €230,000 | €3,151 | — | 65 | 54 |
| rua das Forças Armadas S / N | Active | €240,000 | €2,667 | 15.4% | 65 | 59 |
| São Francisco · 893606 | Active | €290,000 | €3,021 | 4.1% | 62 | 53 |
| Sarilhos Grandes · ac99ac | Active | €285,000 | €3,065 | 2.7% | 72 | 58 |
| Montijo e Afonsoeiro · 65a82d | Active | €260,000 | €2,889 | 8.3% | 75 | 55 |
| Median comp | €272,500 | €2,955 | 6.2% | 69 | 57 |
Buy-and-hold The current listing price of €230,000 significantly exceeds the fair value of €114,794, indicating the property is overpriced. This price disconnect suggests that long-term capital appreciation may be limited, making this strategy less attractive. Long-term rental With a gross yield of 4.3%, the property may provide some rental income; however, the significant gap from fair value of 50.1% points to potential underperformance in investment returns. Investors could face challenges in covering costs, especially given the rural location with a neighbourhood rating of only 54/100. Family rental While the property could appeal to families due to its size, the elevated price compared to its fair value raises concerns about affordability for potential tenants. The area's lower neighbourhood score may further limit demand, making this strategy riskier in the long run.
Economic Vulnerability The economic stability score of 40/100 indicates a high risk of market fluctuations, potentially affecting rental income and property value.
