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 94 m² on the 2nd floor, built in 1996, energy rating B. Located Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Noteworthy Features: This apartment features a cozy fireplace in the living room and offers a lease with guaranteed income until January 2027, enhancing investment stability.
The valuation. The asking price of €275,000 sits significantly above its fair value of €238,455, representing a discrepancy of €36,545 or 15.3%. This property is considered overpriced and may deter potential buyers looking for value.
Fair value modelled at €238,455 from 6 comparable sales in the area. Asking €275,000 sits €36,545 (15.3%) above — overpriced versus fair value.
Asking €275,000 versus the Montijo e Afonsoeiro, Montijo, Setúbal area baseline of €229,799 (€2,445/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 €229,799, adjusted for condition and micro-location, gives a modelled fair value of €238,455 (€2,537/m²), a €36,545 (15.3%) gap versus the €275,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Montijo e Afonsoeiro · 86cb7c | Subject | €275,000 | €2,926 | — | 70 | 55 |
| urbanização Corte Esteval | Active | €362,000 | €3,121 | 6.7% | 65 | 59 |
| rua Corte das Cheiras | Active | €695,000 | €2,574 | 12.0% | — | 55 |
| avenida Amália Rodrigues S / N | Active | €449,900 | €2,499 | 14.6% | 75 | 56 |
| rua Aquilino Ribeiro, 62 | Active | €370,000 | €3,190 | 9.0% | 70 | 56 |
| Median comp | €409,950 | €2,848 | 2.7% | 70 | 56 |
Long-term rental The property is currently overpriced at €275,000 compared to a fair value of €238,455, indicating a significant gap of 15.3%. With a gross yield of only 3.8% and a neighborhood score of 55/100, this investment may not attract high-quality long-term tenants. Buy-and-hold With its current listing price exceeding fair value by 15.3%, the buy-and-hold strategy is less appealing due to the property being overpriced at €275,000. The 69/100 condition score does not compensate for the low potential yield of 3.8%, reducing the attractiveness of holding this asset long-term. Family rental As the property is overpriced at €275,000 compared to its fair value, it is less suitable for family rental purposes. Given the moderate neighborhood rating of 55/100, families may seek better value options in the market, making this investment less favorable for targeting family tenants.
Economic Vulnerability The economic stability score of 55/100 indicates a moderate risk of economic downturns impacting property value and tenant reliability.
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