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, 2-bathroom apartment of 101 m², built in 1973, energy rating E. Located Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. This high ground floor apartment boasts an enclosed balcony, enhancing both space and comfort, while its proximity to the ferry terminal facilitates quick access to Lisbon.
The valuation. The asking price of €275,000 sits €18,492 (7.2%) above the fair value of €256,508, indicating a property priced fairly in the market. This suggests a stable investment without the typical margins seen in undervalued properties.
Fair value modelled at €256,508 from 5 comparable sales in the area. Asking €275,000 sits €18,492 (7.2%) above — overpriced versus fair value.
Asking €275,000 versus the Montijo e Afonsoeiro, Montijo, Setúbal area baseline of €288,658 (€2,858/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 49/100 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 €288,658, adjusted for condition and micro-location, gives a modelled fair value of €256,508 (€2,540/m²), a €18,492 (7.2%) gap versus the €275,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Montijo e Afonsoeiro · f5ec54 | Subject | €275,000 | €2,723 | — | 47 | 47 |
| rua da Beira Baixa, 16 | Active | €320,000 | €2,540 | 6.7% | 60 | 55 |
| avenida Dom Afonso Henriques | Active | €320,000 | €2,078 | 23.7% | 65 | 58 |
| Montijo e Afonsoeiro · 99f322 | Active | €265,000 | €3,118 | 14.5% | 50 | 57 |
| rua dos Girassóis, 60 | Active | €250,000 | €2,525 | 7.3% | 45 | 53 |
| Median comp | €292,500 | €2,533 | 7.0% | 55 | 56 |
Value-add renovation The property offers potential for value-add renovations, but it is priced fairly at €275,000, which reflects a 7.2% gap above the fair value of €256,508. Given its current condition rating of 49/100, targeted improvements could enhance its appeal and justify future increases in rental income. Long-term rental With a gross yield of 4.3%, the apartment presents an acceptable option for long-term rental investment, although it is priced fairly when considering the €275,000 listing against a fair value of €256,508. The stable economic environment of the suburban region, influenced by commuting characteristics, supports a consistent demand for rental units. Buy-and-hold Investing in this property as a buy-and-hold strategy could be practical, as it is currently listed at a fair price yet holds a modest yield of 4.3%. While not a standout investment, the solid suburban location near Setúbal and Lisbon ensures a steady rent potential over time.
Economic and Tenant Instability Risk With both Economic Stability and Tenant Stability scores at 50/100, there is a significant risk of fluctuations in rental income and potential vacancy, which can adversely affect profitability.
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