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 129 m², energy rating D. Located Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. This apartment features large balconies, providing outdoor space ideal for relaxation in the vibrant center of Montijo, enhancing both leisure and urban living.
The valuation. The asking price of €299,000 sits significantly above the fair value of €233,616, indicating an overpricing of €65,384 (21.9%). This valuation suggests a reconsideration before proceeding with a purchase.
Fair value modelled at €233,616 from the area baseline, adjusted for condition and location. Asking €299,000 sits €65,384 (21.9%) above — overpriced versus fair value.
Asking €299,000 versus the Montijo e Afonsoeiro, Montijo, Setúbal area baseline of €360,684 (€2,796/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 75 · Materials 80 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 58/100 (Housing Market 55 · 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 €360,684 + condition +€4,636 + location +€7,100 = modelled fair value of €233,616 (€1,811/m²), a €65,384 (21.9%) gap versus the €299,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Montijo e Afonsoeiro · 225a94 | Subject | €299,000 | €2,318 | — | 75 | 58 |
| rua Cidade de Beja S / N | Active | €289,900 | €2,319 | 0.1% | 75 | 54 |
| rua Duque de Loulé | Active | €440,000 | €2,095 | 9.6% | 72 | 51 |
| praça Dom Sebastião, 8 | Active | €425,000 | €2,500 | 7.9% | 74 | 65 |
| Montijo e Afonsoeiro · b7c26d | Active | €359,000 | €2,546 | 9.8% | 75 | 57 |
| Median comp | €392,000 | €2,410 | 4.0% | 75 | 56 |
Long-term rental The property is overpriced at €299,000, significantly exceeding its fair value of €233,616. With a gross yield of only 4%, this investment may not meet the expectations of long-term rental investors seeking solid returns. Buy-and-hold At a listing price of €299,000, the property does not align with prudent buy-and-hold strategies due to its current overvaluation compared to the estimated fair value. Investors may find limited profitability potential in the long term given the 4% gross yield and the need for greater appreciation to justify the high cost. Family rental While the apartment could appeal to families, the asking price of €299,000 places it above reasonable market expectations based on a fair value of €233,616. This discrepancy indicates that the property may not be a wise choice for those targeting family rentals in the current market context.
Economic Vulnerability The property is at risk due to its moderate economic stability score of 60/100, indicating potential challenges in sustaining value during economic fluctuations.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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