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, 2-bathroom apartment of 119 m² on the 3rd floor, built in 2003, energy rating C. Located on rua Rui de Pina, Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. This property features generous balconies that enhance outdoor living space and maximize the abundant natural light, framing views of the vibrant surrounding area.
The valuation. The asking price of €315,000 is €19,583 (6.6%) above the fair value of €295,417, indicating that the property is fairly valued. This aligns well with current market conditions in the Montijo e Afonsoeiro area.
Fair value modelled at €295,417 from 6 comparable sales in the area. Asking €315,000 sits €19,583 (6.6%) above — overpriced versus fair value.
Asking €315,000 versus the rua Rui de Pina area baseline of €271,141 (€2,278/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 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 €271,141, adjusted for condition and micro-location, gives a modelled fair value of €295,417 (€2,482/m²), a €19,583 (6.6%) gap versus the €315,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Rui de Pina | Subject | €315,000 | €2,647 | — | 75 | 56 |
| rua António Onofre, 63 | Active | €365,000 | €2,684 | 1.4% | 72 | 56 |
| rua Aquilino Ribeiro, 42 | Active | €385,000 | €2,601 | 1.7% | 75 | 54 |
| rua Indústria Corticeira, 1 | Active | €340,000 | €1,932 | 27.0% | 74 | 50 |
| avenida D. João | Active | €457,000 | €2,344 | 11.5% | 74 | 51 |
| Median comp | €375,000 | €2,473 | 6.6% | 74 | 53 |
Long-term rental The property offers a gross yield of 3.6%, which aligns with the conservative returns expected in the Setúbal district. While it is currently priced fairly at €315,000, investors should be mindful of the modest tenant quality and neighborhood ratings. Family rental With a fair valuation of €315,000, this property can cater well to families looking for space, given its 119m² layout. However, the neighborhood score of 56/100 indicates that the surroundings may not meet the expectations of higher-income families seeking attractive environments. Buy-and-hold Investors may find this property appealing for a buy-and-hold strategy, given its fair market value and steady yields in the region. Nevertheless, the apartment's condition rating of 74/100 suggests that some refurbishment might be needed to maximize its long-term potential. Not ideal for Luxury market, short-term vacation rental, student housing.
Economic and Tenant Instability Risk With both economic stability and tenant stability scores at 60/100, there is a heightened risk of fluctuating income and potential vacancy due to insufficient stability in the local market and tenant demographics.
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