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 on the 2nd floor, energy rating D. Located on rua Serpa Pinto, Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Noteworthy Features: This apartment features an updated kitchen equipped with high-quality fixtures and is centrally located just minutes from various amenities, enhancing both convenience and lifestyle.
The valuation. The asking price of €235,000 sits €53,437 (29.4%) above the fair value of €181,563. This suggests the property is overpriced.
Fair value modelled at €181,563 from 6 comparable sales in the area. Asking €235,000 sits €53,437 (29.4%) above — overpriced versus fair value.
Asking €235,000 versus the rua Serpa Pinto area baseline of €160,350 (€2,138/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 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 €160,350, adjusted for condition and micro-location, gives a modelled fair value of €181,563 (€2,421/m²), a €53,437 (29.4%) gap versus the €235,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Serpa Pinto | Subject | €235,000 | €3,133 | — | 73 | 54 |
| Montijo e Afonsoeiro · ba3fea | Active | €304,500 | €2,476 | 21.0% | 72 | 61 |
| Montijo e Afonsoeiro · ba5ad1 | Active | €265,000 | €2,366 | 24.5% | 70 | 49 |
| rua António Fortunato de Sousa | Active | €282,500 | €2,478 | 20.9% | 70 | 64 |
| rua Cidade de Beja S / N | Active | €289,900 | €2,319 | 26.0% | 75 | 54 |
| Median comp | €286,200 | €2,421 | 22.7% | 71 | 58 |
Long-term rental This property is overpriced at €235,000 compared to the fair value of €181,563, representing a 29.4% gap that limits potential for suitable rental income. The gross yield of 4% is not compelling enough to attract stable long-term tenants in a neighborhood that scores only 54/100 for livability. Buy-and-hold With a significant gap between the listing price and fair value, this property does not present a favorable long-term investment opportunity, ultimately leading to lower returns. The neighbourhood’s score of 54/100 indicates potential economic challenges, which may hinder future appreciation. Family rental Although the property might appeal to families given its size, the current asking price is excessive, limiting competitive potential against similar family-oriented rentals. Additionally, the condition rating of 77/100 suggests some maintenance issues that could deter potential family renters in a moderately rated neighborhood.
Economic and Tenant Risk The property faces a significant risk due to its low economic stability score of 55/100 and tenant stability score of 55/100, indicating potential financial volatility and unreliable tenancy.
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