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 120 m², built in 2004, energy rating C. Located on rua Mário Miguel de Sousa Rama, Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Noteworthy Features: This apartment includes a spacious living room with a fireplace and a heat recovery system, enhancing energy efficiency and comfort throughout the living space.
The valuation. The asking price of €360,000 significantly exceeds the fair value of €187,677 by €172,323, translating to a 47.9% premium over fair value. This property is therefore considered overpriced.
Fair value modelled at €187,677 from the area baseline, adjusted for condition and location. Asking €360,000 sits €172,323 (47.9%) above — overpriced versus fair value.
Asking €360,000 versus the rua Mário Miguel de Sousa Rama area baseline of €335,520 (€2,796/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 (Condition 70 · Materials 75 · Room dimensions 75). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 33/100 (Housing Market 30 · Amenities 30 · Economic 35 · Tenant Quality 33). Softer demand indicators apply a discount to baseline.
rua Mário Miguel de Sousa Rama
Area baseline €335,520 + condition -€4,688 + location -€14,035 = modelled fair value of €187,677 (€1,564/m²), a €172,323 (47.9%) gap versus the €360,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Mário Miguel de Sousa Rama | Subject | €360,000 | €3,000 | — | 70 | 33 |
| rua Mário Miguel de Sousa Rama | Active | €360,000 | €3,462 | 15.4% | 71 | 57 |
| praça da Concórdia, 273 | Active | €420,000 | €2,857 | 4.8% | 73 | 49 |
| Montijo e Afonsoeiro · 893590 | Active | €270,000 | €2,755 | 8.2% | 70 | 57 |
| rua Nónio | Active | €355,000 | €3,480 | 16.0% | 72 | 60 |
| Median comp | €357,500 | €3,160 | 5.3% | 72 | 57 |
Value-add renovation The property’s current condition rating of 73/100 indicates it requires some upgrades to reach its full potential. However, with a fair value estimated at €187,677 and a listing price of €360,000, any renovations would still leave the property overpriced by 47.9%. Long-term rental With a gross yield of 3.5%, the property may generate a modest return, yet this is compromised by its significant overpricing relative to the fair market value. Additionally, the limited amenities and low neighbourhood score of 33/100 could hinder tenant attraction and retention in the long term. Buy-and-hold Despite the potential for long-term appreciation, the property's steep listing price at €360,000 poses a risk, especially given its fair value of €187,677. Holding onto an overpriced asset in a peripheral area with limited urban influence may yield insufficient appreciation to justify the initial investment over time.
High Vacancy Risk The low Economic Stability score of 35/100 combined with a Tenant Stability score of 33/100 suggests a significant likelihood of vacancies and tenant turnover, which could impact rental income stability.
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
