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 85 m², built in 1984, energy rating D. Located Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Noteworthy Features: This apartment includes three balconies, enhancing outdoor space and providing additional natural light while overlooking the vibrant community of Montijo e Afonsoeiro.
The valuation. The asking price of €270,000 is significantly above the fair value of €215,260, leaving a gap of €54,740 (25.4%). This property is considered overpriced based on market analysis.
Fair value modelled at €215,260 from 6 comparable sales in the area. Asking €270,000 sits €54,740 (25.4%) above — overpriced versus fair value.
Asking €270,000 versus the Montijo e Afonsoeiro, Montijo, Setúbal area baseline of €235,456 (€2,770/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 52/100 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 €235,456, adjusted for condition and micro-location, gives a modelled fair value of €215,260 (€2,532/m²), a €54,740 (25.4%) gap versus the €270,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Montijo e Afonsoeiro · f14c1d | Subject | €270,000 | €3,176 | — | 56 | 57 |
| Montijo e Afonsoeiro · 937651 | Active | €307,500 | €2,278 | 28.3% | 68 | 58 |
| Montijo e Afonsoeiro · 190993 | Active | €315,000 | €2,716 | 14.5% | 70 | 51 |
| avenida Dom Afonso Henriques | Active | €320,000 | €2,078 | 34.6% | 65 | 58 |
| rua da Beira Baixa, 16 | Active | €320,000 | €2,540 | 20.0% | 60 | 55 |
| Median comp | €317,500 | €2,409 | 24.2% | 67 | 57 |
Long-term rental The property is overpriced at €270,000 compared to the fair value of €215,260, representing a 25.4% gap. Given the gross yield of 4% and subpar condition ratings, the investment may not attract long-term tenants effectively. Buy-and-hold With a fair value significantly lower than the asking price, the asset's potential returns do not align with market norms, especially considering it is currently overpriced. The property's mediocre scores in both condition and neighbourhood suggest that holding onto this asset could lead to unfavorable long-term appreciation. Value-add renovation Although renovation could potentially enhance the property’s appeal, the initial overvaluation of €270,000 poses a significant risk regarding return on investment. The current condition score of 52/100 indicates that after renovation, even achieving fair value may still fall short of justifying the purchase price.
Economic and Tenant Instability: With both economic and tenant stability scores at 55/100, there is a significant risk of fluctuating rent revenues and potential vacancies that could adversely impact overall returns.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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