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 house of 290 m², energy rating D. Located Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. This property features a spacious 1006.32 m² plot with a private garden and ample parking via a closed garage with an automatic gate, enhancing convenience and security.
The valuation. The asking price of €424,700 is significantly above the fair value of €366,480, indicating the property is overpriced by €58,220 (13.7%). Buy-to-flip angle. A buy-to-flip strategy could focus on minimal renovations targeting modern updates to attract buyers, though the current overpriced valuation may limit profit margins. Buy-to-let angle. With an estimated gross yield of 6.8% and projected rental income of €2,407/month, this property could be a viable buy-to-let option, despite the rural area's limited amenities.
Fair value modelled at €366,480 from the area baseline, adjusted for condition and location. Asking €424,700 sits €58,220 (13.7%) above — overpriced versus fair value.
Asking €424,700 versus the Montijo e Afonsoeiro, Montijo, Setúbal area baseline of €810,840 (€2,796/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 48/100 (Condition 42 · Materials 55 · Room dimensions 55). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 45/100 (Housing Market 40 · Amenities 50 · Economic 45 · Tenant Quality 45). Softer demand indicators apply a discount to baseline.
Montijo e Afonsoeiro, Montijo, Setúbal
Area baseline €810,840 + condition -€122,344 + location -€9,976 = modelled fair value of €366,480 (€1,264/m²), a €58,220 (13.7%) gap versus the €424,700 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Montijo e Afonsoeiro · 4d4538 | Subject | €424,700 | €1,464 | — | 42 | 45 |
| rua Dom Francisco de Almeida, 118 | Active | €325,000 | €1,912 | 30.5% | 28 | 51 |
| rua da Beira Baixa | Active | €475,000 | €1,987 | 35.7% | 65 | 68 |
| Montijo e Afonsoeiro · 6d51d2 | Active | €299,900 | €2,026 | 38.4% | 42 | 57 |
| Montijo e Afonsoeiro · 023b4a | Active | €325,000 | €1,912 | 30.5% | 25 | 57 |
| Median comp | €325,000 | €1,950 | 33.1% | 35 | 57 |
Long-term rental The property in Montijo e Afonsoeiro, listed at €424,700, is overpriced compared to its fair value of €366,480, indicating a 13.7% gap that may hinder long-term rental profitability. With a gross yield of 6.8%, the potential returns may not justify the high initial investment given the property's modest condition and neighborhood ratings. Buy-and-hold Purchasing this 4-bed house as a buy-and-hold investment does not align with the expectations of a sound real estate strategy, as it is overpriced at €424,700 against a fair value of €366,480. The combination of limited amenities and a less favorable neighborhood score suggests that the property's value may not appreciate significantly in the coming years. Not ideal for This property is not suitable for the luxury market due to its peripheral location and poor condition rating, which significantly limits its appeal. Additionally, it is also not ideal for short-term vacation rentals, given the limited economic activity and amenities in the rural area.
Tenant turnover risk With both the economic stability and tenant stability scores at 45/100, there is a heightened risk of tenant turnover, which could result in increased vacancy rates and lost rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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