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 100 m² on the 1st floor, built in 1994, energy rating D. Located Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Noteworthy Features: This first-floor apartment includes a practical sunroom and pantry, enhancing storage and functionality in addition to its spacious living areas and built-in wardrobes.
The valuation. The asking price of €265,000 sits €33,080 or 14.3% above fair value at €231,920, indicating that the property is overpriced. This discrepancy suggests caution for investors assessing potential returns.
Fair value modelled at €231,920 from 5 comparable sales in the area. Asking €265,000 sits €33,080 (14.3%) above — overpriced versus fair value.
Asking €265,000 versus the Montijo e Afonsoeiro, Montijo, Setúbal area baseline of €232,567 (€2,326/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 64/100 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 €232,567, adjusted for condition and micro-location, gives a modelled fair value of €231,920 (€2,319/m²), a €33,080 (14.3%) gap versus the €265,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Montijo e Afonsoeiro · 62708d | Subject | €265,000 | €2,650 | — | 65 | 61 |
| Montijo e Afonsoeiro · 190993 | Active | €315,000 | €2,716 | 2.5% | 70 | 51 |
| Montijo e Afonsoeiro · 19f433 | Active | €135,000 | €2,143 | 19.1% | — | 58 |
| praceta Aldegalega S / N | Active | €150,000 | €1,596 | 39.8% | 68 | 58 |
| rua Pêro Vaz de Caminha, 61 | Active | €319,000 | €2,658 | 0.3% | — | 58 |
| Median comp | €232,500 | €2,401 | 9.4% | 69 | 58 |
Long-term rental The property is overpriced by 14.3% compared to its fair value, making it less attractive for investment in long-term rentals. With a gross yield of 3.8%, the return does not justify the elevated price, especially given the condition and neighborhood scores. Buy-and-hold Investing in a buy-and-hold strategy is less favorable, as the property's current price exceeds its fair value by 14.3%. The combination of a weak gross yield of 3.8% and average neighborhood ratings suggests potential holding costs may not yield sufficient long-term appreciation. Family rental Although the property has family-friendly dimensions and features, its 14.3% premium over fair value makes it a less compelling option for family rental purposes. The gross yield of 3.8% is unlikely to appeal to families seeking rental accommodation, given the potential for better value elsewhere.
Economic Vulnerability The property may face risk due to a moderate economic stability score of 65/100, suggesting potential fluctuations in market conditions that could affect rental income. Tenant Instability With a tenant stability score of 60/100, there is an increased risk of tenant turnover, which may lead to inconsistent cash flow and additional costs related to finding new tenants.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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