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 apartment of 72 m² on the 1st floor, built in 1965, energy rating C. Located Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Noteworthy Features: This apartment's planned building renovations, including exterior painting and waterproofing already funded, ensure long-term value enhancement without added future costs for the buyer. Central Location: Walking distance to essential amenities makes daily commutes convenient and showcases the vibrant neighborhood.
The valuation. The asking price of €230,000 is significantly above the fair value of €129,269, resulting in an overvaluation of €100,731 (43.8%). This property cannot be considered a good investment based on its current price point.
Fair value modelled at €129,269 from the area baseline, adjusted for condition and location. Asking €230,000 sits €100,731 (43.8%) above — overpriced versus fair value.
Asking €230,000 versus the Montijo e Afonsoeiro, Montijo, Setúbal area baseline of €201,312 (€2,796/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 (Condition 70 · Materials 72 · Room dimensions 75). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 68/100 (Housing Market 65 · Amenities 65 · Economic 70 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Montijo e Afonsoeiro, Montijo, Setúbal
Area baseline €201,312 + condition -€3,487 + location +€8,916 = modelled fair value of €129,269 (€1,795/m²), a €100,731 (43.8%) gap versus the €230,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Montijo e Afonsoeiro · be9335 | Subject | €230,000 | €3,194 | — | 70 | 68 |
| Montijo e Afonsoeiro · 65a82d | Active | €260,000 | €2,889 | 9.6% | 75 | 55 |
| Montijo e Afonsoeiro · 1e601c | Active | €265,000 | €3,193 | 0.1% | 72 | 46 |
| rua Luís Calado Nunes | Active | €265,000 | €3,397 | 6.4% | 70 | 64 |
| São Francisco · 893606 | Active | €290,000 | €3,021 | 5.4% | 62 | 53 |
| Median comp | €265,000 | €3,107 | 2.7% | 71 | 54 |
Long-term rental The property is priced at €230,000, which represents a significant 43.8% gap above its fair value of €129,269, indicating it is overpriced in the current market. Although the gross yield of 4.3% seems decent, the high purchase price diminishes the attractiveness of long-term rental returns. Family rental At a listing price of €230,000, this property is approximately 43.8% above its fair value of €129,269, suggesting it is overpriced, which could deter families looking for value. The area provides suburban stability, but the inflated price would limit family rent profitability. Buy-and-hold While Setúbal's influence offers economic stability, the property's €230,000 price point is 43.8% higher than its fair value of €129,269, marking it as overpriced for a buy-and-hold strategy. Investing at such a high price compromises potential gains over time and overall investment viability.
Economic and Tenant Stability Risk: With both economic stability and tenant stability scores at 70/100, there is a notable risk of potential fluctuations in rental income due to economic uncertainties and tenant turnover.
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