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.
4-bedroom, 3-bathroom apartment of 307 m², built in 2022, energy rating A+. Located on avenida das Portas da Cidade, Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Noteworthy Features: This apartment features three balconies and two terraces, facilitating expansive outdoor living and entertaining, enhanced by its proximity to the Vasco da Gama Bridge. Location: Montijo e Afonsoeiro.
The valuation. The asking price of €975,000 sits significantly above the fair value of €749,879, reflecting an overvaluation of €225,121 (30.0%). This discrepancy suggests the property is not priced in accordance with its true market value.
Fair value modelled at €749,879 from 6 comparable sales in the area. Asking €975,000 sits €225,121 (30.0%) above — overpriced versus fair value.
Asking €975,000 versus the avenida das Portas da Cidade area baseline of €627,398 (€2,044/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 €627,398, adjusted for condition and micro-location, gives a modelled fair value of €749,879 (€2,443/m²), a €225,121 (30.0%) gap versus the €975,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida das Portas da Cidade | Subject | €975,000 | €3,176 | — | 78 | 48 |
| urbanização Varandas do Montijo Portas da Cidade | Active | €550,000 | €2,075 | 34.6% | 74 | 41 |
| rua Padre Manuel Gonçalves, 150 | Active | €575,000 | €3,042 | 4.2% | 80 | 54 |
| rua dos Correios, 158 | Active | €525,000 | €2,234 | 29.7% | 80 | 53 |
| Montijo e Afonsoeiro · 65306f | Active | €570,000 | €2,651 | 16.5% | 80 | 47 |
| Median comp | €560,000 | €2,443 | 23.1% | 80 | 50 |
Long-term rental The property is overpriced at €975,000 compared to its fair value of €749,879, presenting a significant 30.0% gap that undermines its investment appeal. With a gross yield of only 3.8% in a rural setting, the returns do not justify the current valuation, posing a risk for potential long-term rental investors. Family rental While the property could serve as a family rental, its excessive pricing at €975,000 leads to a missed opportunity for attracting quality tenants in a neighbourhood rated only 48/100. The modest rental yield of 3.8% against the high listing price suggests that families may seek more competitively priced alternatives in the area. Not ideal for: Luxury market, Short-term vacation rental
Low demand risk The property's economic stability score of 40/100 indicates a weak local economy, which could lead to lower tenant demand and higher vacancy rates.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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