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.
4-bedroom, 2-bathroom apartment of 102 m², built in 1984, energy rating D. Located on praça da Paz, Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. This apartment distinguishes itself with its central location near Praça da Paz and generous living space resulting from a conversion to three bedrooms, enhancing comfort for daily activities.
The valuation. The asking price of €280,000 is significantly above the fair value of €171,682, indicating an overpricing of €108,318 (38.7%). This discrepancy suggests a lack of immediate investment appeal due to inflated market expectations.
Fair value modelled at €171,682 from the area baseline, adjusted for condition and location. Asking €280,000 sits €108,318 (38.7%) above — overpriced versus fair value.
Asking €280,000 versus the praça da Paz area baseline of €285,192 (€2,796/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 (Condition 72 · Materials 74 · Room dimensions 68). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 56/100 (Housing Market 50 · Amenities 60 · Economic 50 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
praça da Paz
Area baseline €285,192 + condition -€7,969 + location +€4,211 = modelled fair value of €171,682 (€1,683/m²), a €108,318 (38.7%) gap versus the €280,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praça da Paz | Subject | €280,000 | €2,745 | — | 72 | 56 |
| praça do Montijo | Active | €467,000 | €2,763 | 0.7% | 65 | 53 |
| Montijo e Afonsoeiro · 6fb85f | Active | €290,000 | €2,636 | 4.0% | 70 | 54 |
| Montijo e Afonsoeiro · 6d51bd | Active | €249,900 | €3,245 | 18.2% | 68 | 57 |
| Montijo e Afonsoeiro · 261d89 | Active | €285,000 | €3,750 | 36.6% | 72 | 55 |
| Median comp | €287,500 | €3,004 | 9.4% | 69 | 55 |
Long-term rental The current listing price of €280,000 is 38.7% above the fair value of €171,682, indicating that this property is overpriced and offers a gross yield of only 4.3%. With moderate accessibility to schools and typical safety concerns for the region, long-term rental viability may be limited, potentially affecting tenant quality and overall investment returns. Buy-and-hold At a price point that exceeds the fair value significantly, this 4-bed apartment reflects an overpriced asset for buy-and-hold investors looking for capital appreciation. With a condition rating of 70/100 and a neighbourhood score of 56/100, the growth potential does not justify the inflated listing. Value-add renovation Given the substantial gap from fair value, investing in value-add renovations may not be attractive, as the property is currently overpriced at €280,000. Even with potential improvements, the overall yield remains low, and limited neighbourhood appeal could hinder successful value realization for future resales.
Economic Weakness The economic stability score of 50/100 indicates potential vulnerability to downturns, increasing the risk of tenant turnover and lower rental income.
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