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 99 m², energy rating C. Located Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Noteworthy Features: This apartment includes three balconies and a versatile sunroom, enhancing outdoor space and usability according to individual needs, all while benefiting from excellent solar exposure.
The valuation. The asking price of €224,500 sits significantly above the fair value of €171,308, reflecting an overpriced condition at €53,192 (23.7%) above market worth. This discrepancy suggests limited immediate investment potential. Buy-to-flip angle. A buy-to-flip strategy would likely require extensive renovations to justify resale at a competitive price point, given the current market conditions and asking price. Quick flips may not yield significant profits without substantial value-added improvements. Buy-to-let angle. Given the estimated monthly rental income of €917, the gross yield of 4.9% presents a decent return-worthy strategy in this suburban market. Long-term family rentals could attract consistent tenants due to the functional apartment layout and proximity to Lisbon.
Fair value modelled at €171,308 from the area baseline, adjusted for condition and location. Asking €224,500 sits €53,192 (23.7%) above — overpriced versus fair value.
Asking €224,500 versus the Montijo e Afonsoeiro, Montijo, Setúbal area baseline of €170,280 (€1,720/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 (Condition 70 · Materials 67 · Room dimensions 72). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 64/100 (Housing Market 65 · Amenities 60 · Economic 60 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Montijo e Afonsoeiro, Montijo, Setúbal
Area baseline €170,280 + condition -€8,508 + location +€9,536 = modelled fair value of €171,308 (€1,730/m²), a €53,192 (23.7%) gap versus the €224,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Montijo e Afonsoeiro · 956e5f | Subject | €224,500 | €2,268 | — | 70 | 64 |
| praça Dom Sebastião, 8 | Active | €425,000 | €2,500 | 10.2% | 74 | 65 |
| rua Cidade de Beja S / N | Active | €289,900 | €2,319 | 2.3% | 75 | 54 |
| Montijo e Afonsoeiro · 937651 | Active | €307,500 | €2,278 | 0.4% | 68 | 58 |
| Montijo e Afonsoeiro · f366e0 | Active | €360,000 | €2,553 | 12.6% | — | 55 |
| Median comp | €333,750 | €2,410 | 6.3% | 74 | 57 |
Long-term rental The 3-bed apartment in Montijo e Afonsoeiro is currently overpriced at €224,500, which is 23.7% above its fair value of €171,308. This makes it a less attractive option for long-term rental, as the gross yield of 4.9% falls short of desirable benchmarks in the market. Buy-and-hold Investing in this property for a buy-and-hold strategy is unappealing due to its overpricing and the significant gap from its fair value. With a 70/100 condition rating and a neighbourhood score of 64/100, future appreciation potential is limited, making this an unfavorable long-term asset. Family rental The apartment's high listing price of €224,500 suggests it is overpriced, reducing its viability for family rental purposes. Additionally, the modest yield of 4.9% and the overall neighbourhood quality indicate it may not meet the expectations of family renters looking for a comfortable environment. Not ideal for The property is not suitable for entry into the luxury market, as its current valuation far exceeds what families would typically pay in the area. Also, it’s not appropriate for short-term vacation rentals or student housing given its high pricing relative to the local market and the surrounding amenities.
Economic Vulnerability With an economic stability score of 60, there is potential for fluctuations in local market conditions that could impact property value and rental demand negatively, making it a risky investment.