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 154 m², built in 1987, energy rating E. Located on avenida Dom Afonso Henriques, Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Noteworthy Features: This apartment includes a sunroom that enhances the living space and provides additional versatility, along with balconies that offer city views for a relaxing atmosphere.
The valuation. The asking price of €320,000 exceeds the fair value of €246,406 by €73,594, translating to a 23.0% premium. This indicates that the property is overpriced relative to its actual market value.
Fair value modelled at €246,406 from the area baseline, adjusted for condition and location. Asking €320,000 sits €73,594 (23.0%) above — overpriced versus fair value.
Asking €320,000 versus the avenida Dom Afonso Henriques area baseline of €415,954 (€2,701/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 64/100 (Condition 65 · Materials 62 · 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.
avenida Dom Afonso Henriques
Area baseline €415,954 + condition -€26,950 + location +€8,476 = modelled fair value of €246,406 (€1,600/m²), a €73,594 (23.0%) gap versus the €320,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Dom Afonso Henriques | Subject | €320,000 | €2,078 | — | 65 | 58 |
| rua Gago Coutinho S / N | Active | €308,000 | €2,281 | 9.8% | 70 | 62 |
| rua das Salinas | Active | €310,000 | €1,962 | 5.6% | 65 | 78 |
| Montijo e Afonsoeiro · 937651 | Active | €307,500 | €2,278 | 9.6% | 68 | 58 |
| rua Cidade de Beja S / N | Active | €289,900 | €2,319 | 11.6% | 75 | 54 |
| Median comp | €307,750 | €2,280 | 9.7% | 69 | 60 |
Long-term rental The property is overpriced at €320,000 compared to a fair value of €246,406 and a significant gap of 23.0%. With a gross yield of 4.1%, the investment is unlikely to generate satisfactory returns given its high initial cost. Buy-and-hold As the property is priced above fair value, the expectation for appreciation in Montijo's industrial-focused economy is diminished. The 64/100 condition score and a neighbourhood rating of 58/100 further indicate that long-term price growth may not justify the current price point. Family rental Although the apartment could cater to families, its current price of €320,000 exceeds the fair value by 23.0%, making it a less attractive option for family tenants seeking affordability. The overall conditions and neighbourhood scores suggest that families may prefer alternatives that offer better value for money.
Economic and Tenant Instability The combined economic stability score of 55 and tenant stability score of 60 indicates a potential risk of fluctuating rental income due to an unstable economic environment and potentially unreliable tenants.
