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 150 m², built in 2003, energy rating B. Located on rua Pedro Hispano, 69, Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Unique Feature: This apartment offers a serene environment with unobstructed views over a green area and includes a recently renovated social bathroom for modern convenience. Noteworthy Aspect: Its efficient layout ensures well-defined living spaces that maximize comfort and functionality.
The valuation. The asking price of €398,000 is significantly above the fair value of €266,158, indicating an overvaluation of €131,842 (33.1%). This price does not represent a sound investment opportunity. Buy-to-flip angle. Given its high-quality finishes and desirable location, a buy-to-flip strategy could potentially yield a profit by targeting buyers who appreciate modern amenities, yet the current asking price limits this viability. Buy-to-let angle. With an estimated gross yield of 4.2% (~€1,393/month), the rental income strategy could offer stable cash flow over time; however, the property’s overvaluation may hinder long-term returns in a mixed neighborhood.
Fair value modelled at €266,158 from the area baseline, adjusted for condition and location. Asking €398,000 sits €131,842 (33.1%) above — overpriced versus fair value.
Asking €398,000 versus the rua Pedro Hispano, 69 area baseline of €258,000 (€1,720/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 75 · Materials 80 · Room dimensions 77). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 52/100 (Housing Market 50 · Amenities 50 · Economic 55 · Tenant Quality 55). Strong amenities and housing-market momentum support a premium to baseline.
rua Pedro Hispano, 69
Area baseline €258,000 + condition +€6,094 + location +€2,064 = modelled fair value of €266,158 (€1,774/m²), a €131,842 (33.1%) gap versus the €398,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Pedro Hispano, 69 | Subject | €398,000 | €2,653 | — | 75 | 52 |
| rua de São José Operário | Active | €427,000 | €2,828 | 6.6% | 74 | 60 |
| rua Aquilino Ribeiro, 62 | Active | €370,000 | €3,190 | 20.2% | 70 | 56 |
| rua Entreparedes, 120 | Active | €479,900 | €3,243 | 22.2% | 80 | 57 |
| Montijo e Afonsoeiro · 937416 | Active | €445,000 | €2,853 | 7.5% | 79 | 55 |
| Median comp | €436,000 | €3,022 | 13.9% | 77 | 57 |
Long-term rental The property is overpriced at €398,000 compared to a fair value estimate of €266,158, indicating a significant gap of 33.1%. With a gross yield of only 4.2%, the investment may struggle to generate satisfactory returns in the long term. Buy-and-hold Given the current valuation, this property presents a challenge as the market price exceeds fair value, making it difficult to justify as a hold for capital appreciation. Furthermore, the neighbourhood rating of 52/100 and average amenities suggest limited upside potential for future value growth. Family rental Although intended for family use, the property is overpriced, which can deter potential tenants who are looking for reasonable rental options. The medium demand in the area might not be sufficient to support the elevated price point, complicating leasing efforts.
Economic and Tenant Stability Risk The combined scores of 55/100 for both economic and tenant stability indicate a significant risk of fluctuations in rental income and potential vacancies due to an unstable local economy and tenant base.
