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 104 m² on the 1st floor, energy rating E. Located Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Noteworthy Feature: The apartment benefits from an abundance of natural light, thanks to its large windows, which enhances the overall spacious feel and aesthetic appeal of the rooms.
The valuation. The asking price of €267,000 is €27,836 (11.6%) above the fair value of €239,164, indicating the property is overpriced for its current market conditions.
Fair value modelled at €239,164 from 6 comparable sales in the area. Asking €267,000 sits €27,836 (11.6%) above — overpriced versus fair value.
Asking €267,000 versus the Montijo e Afonsoeiro, Montijo, Setúbal area baseline of €195,905 (€1,884/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €195,905, adjusted for condition and micro-location, gives a modelled fair value of €239,164 (€2,300/m²), a €27,836 (11.6%) gap versus the €267,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Montijo e Afonsoeiro · 6a916d | Subject | €267,000 | €2,567 | — | 70 | 58 |
| rua Gago Coutinho S / N | Active | €308,000 | €2,281 | 11.1% | 70 | 62 |
| rua Cidade de Beja S / N | Active | €289,900 | €2,319 | 9.7% | 75 | 54 |
| Montijo e Afonsoeiro · 225a94 | Active | €299,000 | €2,318 | 9.7% | 75 | 58 |
| avenida Dom Afonso Henriques | Active | €320,000 | €2,078 | 19.1% | 65 | 58 |
| Median comp | €303,500 | €2,300 | 10.4% | 73 | 58 |
Long-term rental The property is overpriced at €267,000, which exceeds the fair value of €239,164 by 11.6%. Given its gross yield of 4.1% in a neighbourhood rated 58/100, this investment may not deliver the desired returns over time. Buy-and-hold Investing in this property as a buy-and-hold strategy is questionable since it is listed at a premium to fair value. At €267,000, the potential appreciation does not justify the 11.6% gap, particularly in a neighbourhood that isn't ideal for growth. Family rental Given its current asking price and condition score of 76/100, the apartment may struggle to attract family tenants who are looking for better value. With a gross yield of 4.1% and significant rental competitiveness in Montijo, this property is at a disadvantage. Not ideal for The apartment is not suitable for short-term vacation rentals and the luxury market due to its overpriced condition and lower than desirable neighbourhood ranking. Furthermore, its location also limits its appeal for student housing, as demand may not support the high listing price.
Economic downturn risk The economic stability score of 55/100 indicates a potential vulnerability to economic downturns that could impact rental demand and property values.
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