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.
3-bedroom, 2-bathroom apartment of 133 m², energy rating D. Located Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Noteworthy Features: The apartment includes a modern, semi-equipped kitchen and enjoys excellent brightness throughout, enhancing its spacious layout and comfort for family living.
The valuation. The asking price of €379,900 exceeds the fair value of €305,608 by €74,292, representing a 24.3% overvaluation. This property is priced above its true market value, which suggests a lack of favorable investment conditions.
Fair value modelled at €305,608 from 6 comparable sales in the area. Asking €379,900 sits €74,292 (24.3%) above — overpriced versus fair value.
Asking €379,900 versus the Montijo e Afonsoeiro, Montijo, Setúbal area baseline of €295,753 (€2,224/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 69/100 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 €295,753, adjusted for condition and micro-location, gives a modelled fair value of €305,608 (€2,298/m²), a €74,292 (24.3%) gap versus the €379,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Montijo e Afonsoeiro · 3df3bf | Subject | €379,900 | €2,856 | — | 70 | 53 |
| rua Duque de Loulé | Active | €440,000 | €2,095 | 26.6% | 72 | 51 |
| rua Duque de Loulé | Active | €440,000 | €2,095 | 26.6% | 72 | 58 |
| rua Cidade de Beja S / N | Active | €289,900 | €2,319 | 18.8% | 75 | 54 |
| rua Cidade do Funchal, 42 | Active | €450,000 | €2,711 | 5.1% | 72 | 58 |
| Median comp | €440,000 | €2,207 | 22.7% | 72 | 56 |
Long-term rental The property in Montijo e Afonsoeiro is overpriced at €379,900, which exceeds its fair value of €305,608 by 24.3%. With a gross yield of 4.1%, potential returns may not justify the investment when considering the market's overall conditions. Buy-and-hold Investing in this 3-bed apartment for a buy-and-hold strategy is less appealing due to its current listing price being above fair value, suggesting limited upside potential. Given the property's condition score of 69/100 and neighbourhood rating of 53/100, long-term appreciation is uncertain in the current market context. Family rental Entering the family rental market with this apartment might not be optimal, as it is currently listed at €379,900, outpacing the fair valuation significantly. The less favorable neighbourhood characteristics and the property being marked as overpriced could deter quality tenants and lower rental demand.
Economic Vulnerability The economic stability score of 50/100 indicates a precarious economic environment that could lead to fluctuations in rental income or increased vacancy rates.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
