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, 1-bathroom apartment of 69 m² on the 1st floor, built in 1970. Located Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Noteworthy Features: This apartment offers a closed balcony with ample natural light, enhancing the overall living experience and offering flexible use for relaxation or as a workspace.
The valuation. The asking price of €258,000 exceeds the fair value of €206,311 by €51,689, marking a 25.1% premium. This property is overpriced and does not present an appealing investment opportunity based on current market analyses. Buy-to-flip angle. A resale strategy would require significant renovations to enhance aesthetic appeal, targeting a competitive market while justifying a sale price above current asking rates. However, given the asking price, potential profits may be limited. Buy-to-let angle. With an estimated gross yield of 3.7% at €796 per month, this property could serve as a long-term family rental. The yield is relatively low, indicating that rental income may not reliably cover ongoing expenses.
Fair value modelled at €206,311 from 6 comparable sales in the area. Asking €258,000 sits €51,689 (25.1%) above — overpriced versus fair value.
Asking €258,000 versus the Montijo e Afonsoeiro, Montijo, Setúbal area baseline of €209,885 (€3,042/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 62/100 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 €209,885, adjusted for condition and micro-location, gives a modelled fair value of €206,311 (€2,990/m²), a €51,689 (25.1%) gap versus the €258,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Montijo e Afonsoeiro · 19075e | Subject | €258,000 | €3,739 | — | 65 | 64 |
| rua das Forças Armadas S / N | Active | €240,000 | €2,667 | 28.7% | 65 | 59 |
| São Francisco · 893606 | Active | €290,000 | €3,021 | 19.2% | 62 | 53 |
| rua Luís Afonso | Active | €230,000 | €3,151 | 15.7% | 65 | 54 |
| Montijo e Afonsoeiro · 4a7cfb | Active | €290,000 | €2,959 | 20.9% | 62 | 58 |
| Median comp | €265,000 | €2,990 | 20.0% | 64 | 56 |
Long-term rental This property offers a 3.7% gross yield, which is relatively low given its fair value gap of 25.1%, signaling that it might not generate sufficient return against the investment. Additionally, with a condition rating of 62/100 and a neighbourhood score of 64/100, it may struggle to attract high-quality tenants in the long run. Buy-and-hold Holding this apartment poses significant risks given its fair value of €206,311 versus the listing price of €258,000, marking an inflated market position. The potential for moderate appreciation is offset by the current overpriced status and average ratings impacting occupant interests. Family rental While the suburban characteristics may appeal to families, the overpriced nature of this property limits the potential for profitable family rental income. The modest ratings for condition and neighbourhood suggest challenges in securing long-term family tenants who often prioritize quality and value. Not ideal for: This property is not suitable for the luxury market due to its average condition and neighbourhood ratings, which may deter affluent renters. Additionally, it is also unsuitable for short-term vacation rentals and student housing as the elevated price point would undermine rental profitability in these sectors.
Economic vulnerability The economic stability score of 60/100 suggests a moderate risk of economic downturns impacting tenant retention and revenue generation.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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