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.
2-bedroom, 1-bathroom apartment of 75 m², energy rating C. Located on rua das Papoilas, Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. This property includes a dedicated storage room, enhancing its practicality for families and individuals seeking additional organization in a well-appointed living space.
The valuation. The asking price of €275,000 is notably above the fair value of €239,521, leading to an overvaluation of €35,479 (14.8%). This suggests that investors may need to negotiate or reconsider their purchase decision.
Fair value modelled at €239,521 from 6 comparable sales in the area. Asking €275,000 sits €35,479 (14.8%) above — overpriced versus fair value.
Asking €275,000 versus the rua das Papoilas area baseline of €220,753 (€2,943/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 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 €220,753, adjusted for condition and micro-location, gives a modelled fair value of €239,521 (€3,194/m²), a €35,479 (14.8%) gap versus the €275,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua das Papoilas | Subject | €275,000 | €3,667 | — | 72 | 57 |
| Montijo e Afonsoeiro · be9335 | Active | €230,000 | €3,194 | 12.9% | 70 | 68 |
| rua Soeiro Pereira Gomes | Active | €290,000 | €3,295 | 10.1% | 80 | 59 |
| Montijo e Afonsoeiro · 65a82d | Active | €260,000 | €2,889 | 21.2% | 75 | 55 |
| Montijo e Afonsoeiro · 1e601c | Active | €265,000 | €3,193 | 12.9% | 72 | 46 |
| Median comp | €262,500 | €3,194 | 12.9% | 74 | 57 |
Long-term rental Given the 3.7% gross yield and the apartment's condition rating of 75/100, the long-term rental strategy may not generate sufficient returns relative to the €275,000 listing price. With the property's fair value at €239,521, the investment appears overpriced, limiting its attractiveness for long-term rental purposes. Buy-and-hold The current listing price results in a 14.8% gap from its fair value, making the buy-and-hold strategy less appealing as the property is priced above its worth. The suburban location offers limited amenities which could hinder long-term appreciation potential, reinforcing its overpriced status. Family rental While the property could theoretically fit family rental needs due to its size, the €275,000 price point is significantly above its fair value, indicating that it is not an optimal investment choice. Additionally, the neighborhood's rating of 57/100 suggests that the area lacks desirable features, making it less suitable for families seeking rental options.
Moderate Economic and Tenant Risk: With both economic stability and tenant stability scores at 60/100, there is a moderate risk of fluctuating income and potential vacancy challenges.
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