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.
1-bedroom, 1-bathroom apartment of 50 m², built in 1974, energy rating D. Located on rua Álvares Cabral, Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Noteworthy Features: The property includes a spacious covered storage/garage of 26 m², providing versatile options for parking and additional storage for tools or recreational equipment.
The valuation. The asking price of €190,000 is significantly above fair value, which is estimated at €144,828, resulting in an overpriced verdict of €45,172 (31.2%). This discrepancy indicates that the property is not a compelling investment at its current price.
Fair value modelled at €144,828 from 6 comparable sales in the area. Asking €190,000 sits €45,172 (31.2%) above — overpriced versus fair value.
Asking €190,000 versus the rua Álvares Cabral area baseline of €143,153 (€2,863/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 47/100 is below the parish average, reducing 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 €143,153, adjusted for condition and micro-location, gives a modelled fair value of €144,828 (€2,897/m²), a €45,172 (31.2%) gap versus the €190,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Álvares Cabral | Subject | €190,000 | €3,800 | — | 42 | 58 |
| Montijo e Afonsoeiro · dbd47d | Active | €220,000 | €3,284 | 13.6% | 45 | 55 |
| Montijo e Afonsoeiro · 937398 | Active | €138,500 | €2,518 | 33.7% | 50 | 45 |
| rua Luís Afonso | Active | €230,000 | €3,151 | 17.1% | 65 | 54 |
| rua das Forças Armadas S / N | Active | €240,000 | €2,667 | 29.8% | 65 | 59 |
| Median comp | €225,000 | €2,909 | 23.4% | 58 | 55 |
Long-term rental This 1-bed apartment in Montijo e Afonsoeiro presents a gross yield of only 4.4%, which is below the attractive threshold for sustainable long-term rental investments. Coupled with the property's fair value being €144,828, it is evidently overpriced at €190,000, limiting its appeal to potential tenants looking for value. Buy-and-hold While investing in property for the long-term can be a beneficial strategy, this apartment's 31.2% gap from fair value indicates that it is overpriced at €190,000. The mediocre condition rating of 47/100 and neighbourhood score of 58/100 further detract from the potential for appreciation, making this a less favorable buy-and-hold opportunity.
Potential Default Risk Tenants may be less reliable due to a Tenant Stability score of 55/100, increasing the likelihood of payment defaults.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
