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 house of 128 m², built in 1984, energy rating E. Located Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Noteworthy Features: This house features an attic conversion with significant potential for additional living space and a private garden equipped with a barbecue for outdoor entertaining.
The valuation. The asking price of €478,000 is significantly above the fair value of €191,363, representing an overvaluation of €286,637 (60.0%). This property does not align with realistic market expectations.
Fair value modelled at €191,363 from the area baseline, adjusted for condition and location. Asking €478,000 sits €286,637 (60.0%) above — overpriced versus fair value.
Asking €478,000 versus the Montijo e Afonsoeiro, Montijo, Setúbal area baseline of €357,888 (€2,796/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 58/100 (Condition 56 · Materials 61 · Room dimensions 58). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 55/100 (Housing Market 50 · Amenities 60 · Economic 55 · Tenant Quality 55). Strong amenities and housing-market momentum support a premium to baseline.
Montijo e Afonsoeiro, Montijo, Setúbal
Area baseline €357,888 + condition -€33,200 + location +€4,403 = modelled fair value of €191,363 (€1,495/m²), a €286,637 (60.0%) gap versus the €478,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Montijo e Afonsoeiro · 28ba28 | Subject | €478,000 | €3,734 | — | 56 | 55 |
| Montijo e Afonsoeiro · 0239b4 | Active | €275,000 | €3,056 | 18.2% | — | 58 |
| Montijo e Afonsoeiro · 90d782 | Active | €280,000 | €3,500 | 6.3% | — | 55 |
| Montijo e Afonsoeiro · 6d51d2 | Active | €299,900 | €2,026 | 45.7% | 42 | 57 |
| rua 25 de Abril, 3 | Active | €545,000 | €2,868 | 23.2% | — | 58 |
| Median comp | €289,950 | €2,962 | 20.7% | 42 | 58 |
Long-term rental Given the current yield of 2.9%, the property does not present an attractive opportunity for long-term rental investment given its fair value of €191,363 and listing price of €478,000. The high gap of 60.0% from fair value suggests that the expected returns will be insufficient to justify the investment. Value-add renovation Investing in renovations for this property may not yield a favorable return, as the current condition score of 58/100 and the overpriced nature with a valuation gap of 60.0% make it risky to expect significant value appreciation. Renovations can often enhance appeal, but here, the initial overpricing undermines the potential gains. Buy-and-hold The property’s current price of €478,000 compared to its fair value of €191,363 indicates that holding onto this investment could lead to financial losses rather than positive capital growth. With industrial market influences and a lack of strong demand, the prospects for appreciation are bleak at this price point.
Economic and Tenant Stability Risk With both economic stability and tenant stability scores at 55/100, there is a significant risk of inconsistent rental income and potential difficulties in attracting and retaining tenants.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
