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 115 m², built in 2002, energy rating C. Located Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Noteworthy Features: The apartment includes a large storage room with direct elevator access and designated private parking, enhancing convenience for residents in a tranquil residential area.
The valuation. The asking price of €369,000 is significantly higher than the fair value of €202,654, resulting in an overpricing of €166,346 (45.1%). This suggests the property is not a viable investment at its current price. Buy-to-flip angle. A buy-to-flip strategy in this rural location may be challenging due to the high asking price, making it less attractive for quick resale opportunities. The market dynamics in Montijo e Afonsoeiro do not favor rapid appreciation in value. Buy-to-let angle. With an estimated gross yield of 3.7% (~€1,138/month), the long-term rental strategy could provide stable income, though the mix of neighborhood amenities may limit tenant demand. Value-add renovations could enhance rental potential.
Fair value modelled at €202,654 from the area baseline, adjusted for condition and location. Asking €369,000 sits €166,346 (45.1%) above — overpriced versus fair value.
Asking €369,000 versus the Montijo e Afonsoeiro, Montijo, Setúbal area baseline of €321,540 (€2,796/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 72 · Materials 80 · Room dimensions 74). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 55/100 (Housing Market 50 · Amenities 50 · Economic 60 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Montijo e Afonsoeiro, Montijo, Setúbal
Area baseline €321,540 + condition +€898 + location +€3,956 = modelled fair value of €202,654 (€1,762/m²), a €166,346 (45.1%) gap versus the €369,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Montijo e Afonsoeiro · da4616 | Subject | €369,000 | €3,209 | — | 72 | 55 |
| praça da Concórdia, 273 | Active | €420,000 | €2,857 | 11.0% | 73 | 49 |
| rua do Freixo | Active | €399,600 | €2,629 | 18.1% | 75 | 53 |
| rua Mário Miguel de Sousa Rama | Active | €360,000 | €3,462 | 7.9% | 71 | 57 |
| rua Mário Miguel de Sousa Rama | Active | €360,000 | €3,000 | 6.5% | 70 | 33 |
| Median comp | €379,800 | €2,929 | 8.7% | 72 | 51 |
Long-term rental Despite a gross yield of 3.7%, this property remains overpriced with a significant gap of 45.1% from its fair value of €202,654. The neighbourhood score of 55/100 indicates a lack of strong tenant demand, raising concerns about long-term rental viability. Buy-and-hold Investing in this property as a buy-and-hold strategy is not advisable given its overpriced status and the fair value significantly lower than the purchase price. With a limited neighbourhood rating of 55/100, future appreciation potential is questionable, making it a risky long-term investment. Value-add renovation Pursuing a value-add renovation strategy on this property seems unwise as it is already overpriced by 45.1%, exceeding its fair value of €202,654. The condition score of 76/100 suggests some need for improvement, but the inherent price risk diminishes the appeal of this approach.
Economic Dependency Risk Tenants may be less stable due to the current economic stability score of 60/100, indicating potential vulnerability in rent payments and occupancy rates.
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