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 118 m², energy rating D. Located Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Noteworthy Features: The apartment includes a 10m² storage room, enhancing functionality for belongings, and its modern finishes reflect a blend of style and practicality.
The valuation. The asking price of €330,000 sits €31,857 (8.8%) below the fair value of €361,857, indicating a fair valuation consistent with market expectations. This provides a stable basis for investment without concerns of overpricing.
Fair value modelled at €361,857 from 6 comparable sales in the area. Asking €330,000 sits €31,857 (8.8%) below — the upside to fair value.
Asking €330,000 versus the Montijo e Afonsoeiro, Montijo, Setúbal area baseline of €299,828 (€2,541/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 83/100 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 €299,828, adjusted for condition and micro-location, gives a modelled fair value of €361,857 (€3,067/m²), a €31,857 (8.8%) gap versus the €330,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Montijo e Afonsoeiro · 6a916f | Subject | €330,000 | €2,797 | — | 80 | 47 |
| Montijo e Afonsoeiro · 262136 | Active | €280,000 | €2,947 | 5.4% | 75 | 59 |
| Montijo e Afonsoeiro · f36607 | Active | €375,000 | €3,641 | 30.2% | 72 | 54 |
| Montijo e Afonsoeiro · 261d89 | Active | €285,000 | €3,750 | 34.1% | 72 | 55 |
| rua Dona Inês de Castro | Active | €395,000 | €3,185 | 13.9% | 75 | 57 |
| Median comp | €330,000 | €3,413 | 22.0% | 74 | 56 |
Long-term rental The property represents a reasonable option for long-term rental, providing a yield of 3.7% gross, which aligns with average expectations in the region. Given the fair market value of €361,857, the listing price suggests that it is reasonably priced for investors seeking stable cash flow. Family rental This apartment could serve families well, benefiting from its size and reasonable condition rating of 83/100. With the neighborhood's amenities and employment opportunities in nearby Setúbal, it stands as a decent choice for families without being particularly compelling. Value-add renovation The property’s fair market valuation offers potential for value-add renovations, where improvements could enhance tenant appeal and rental income. However, the current state of the neighborhood, rated 47/100, indicates that significant investment may be needed to attract higher-paying tenants.
Economic and Tenant Instability Risk The economic stability score of 46 and tenant stability score of 45 indicate a significant risk of fluctuating rental income and potential vacancy issues due to the low scores in both categories.
Year 1, before income tax (IRS or IRC). Includes IMT, stamp duty, IMI and AIMI for a resident individual. Estimate: check with your accountant.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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