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 82 m² on the 2nd floor, energy rating C. Located Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Noteworthy Features: This apartment features two balconies, including a rear marquee style and an unobstructed front view of the square, enhancing outdoor enjoyment and natural light.
The valuation. The asking price of €248,000 sits significantly above the fair value of €138,072, reflecting an overpriced status of €109,928 (44.3%). This suggests potential difficulty in achieving a favorable return on investment.
Fair value modelled at €138,072 from the area baseline, adjusted for condition and location. Asking €248,000 sits €109,928 (44.3%) above — overpriced versus fair value.
Asking €248,000 versus the Montijo e Afonsoeiro, Montijo, Setúbal area baseline of €229,272 (€2,796/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 (Condition 70 · Materials 68 · Room dimensions 66). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 62/100 (Housing Market 60 · Amenities 55 · Economic 70 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Montijo e Afonsoeiro, Montijo, Setúbal
Area baseline €229,272 + condition -€9,737 + location +€6,770 = modelled fair value of €138,072 (€1,684/m²), a €109,928 (44.3%) gap versus the €248,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Montijo e Afonsoeiro · 6c7b5c | Subject | €248,000 | €3,024 | — | 70 | 62 |
| Montijo e Afonsoeiro · 893590 | Active | €270,000 | €2,755 | 8.9% | 70 | 57 |
| Montijo e Afonsoeiro · 4a8081 | Active | €285,000 | €3,476 | 14.9% | 68 | 59 |
| Montijo e Afonsoeiro · 023888 | Active | €275,000 | €2,926 | 3.3% | 65 | 57 |
| Montijo e Afonsoeiro · 65a46c | Active | €270,000 | €2,755 | 8.9% | 65 | 52 |
| Median comp | €272,500 | €2,841 | 6.1% | 67 | 57 |
Long-term rental This property is priced at €248,000 with a fair value of €138,072, indicating it is overpriced by 44.3%. The gross yield of 4.4% does not compensate for the high purchase price in a neighbourhood that scores only 62/100 for demand and amenities. Family rental Although this apartment could appeal to families due to its size, the significant overpricing at €248,000 creates a barrier for potential renters. With a fair value of €138,072, families may seek more value in other areas, especially given the neighbourhood's lower score of 62/100. Buy-and-hold Despite the potential for property appreciation, the current valuation of €248,000 compared to the fair value of €138,072 suggests a missed investment opportunity. Holding this property at such a high price point could result in decreased returns, particularly in a neighbourhood rated only 62/100 for quality of living. Not ideal for: Short-term vacation rental, Luxury market, Student housing
Economic Vulnerability The property's economic stability score of 70 indicates a moderate risk due to potential fluctuations in the local economy, while the tenant stability score of 65 suggests a higher chance of tenant turnover and vacancy, making long-term revenue unpredictable.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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