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 90 m² on the 3rd floor, built in 1984, energy rating D. Located Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Noteworthy Features: This apartment boasts a pleasant balcony accessible from the spacious living room, providing an ideal space for relaxation and social gatherings in a well-connected neighborhood.
The valuation. The asking price of €275,000 is significantly above its fair value of €208,666, marking an overpricing of €66,334 (31.8%). This discrepancy suggests caution for potential buyers seeking a reasonable investment. Buy-to-flip angle. A buy-and-flip strategy may be challenging due to the high initial cost; potential investors need to consider if renovations could realistically elevate value above the acquisition price. Buy-to-let angle. The estimated monthly rental income of €1,008 offers a gross yield of 4.4%, which could provide a steady cash flow for long-term investors, albeit the initial purchase price is still high.
Fair value modelled at €208,666 from 6 comparable sales in the area. Asking €275,000 sits €66,334 (31.8%) above — overpriced versus fair value.
Asking €275,000 versus the Montijo e Afonsoeiro, Montijo, Setúbal area baseline of €195,076 (€2,168/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 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 €195,076, adjusted for condition and micro-location, gives a modelled fair value of €208,666 (€2,319/m²), a €66,334 (31.8%) gap versus the €275,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Montijo e Afonsoeiro · 5ece8f | Subject | €275,000 | €3,056 | — | 72 | 52 |
| Montijo e Afonsoeiro · f366e0 | Active | €360,000 | €2,553 | 16.4% | — | 55 |
| rua Duque de Loulé | Active | €440,000 | €2,095 | 31.4% | 72 | 51 |
| rua Duque de Loulé | Active | €440,000 | €2,095 | 31.4% | 72 | 58 |
| Montijo e Afonsoeiro · 225a94 | Active | €299,000 | €2,318 | 24.1% | 75 | 58 |
| Median comp | €400,000 | €2,207 | 27.8% | 72 | 57 |
Long-term rental The property at €275,000 is overpriced, representing a 31.8% gap from its fair value of €208,666, which diminishes its attractiveness for long-term rental strategies. Furthermore, with a gross yield of only 4.4% and a neighbourhood rating of 52/100, the investment potential appears limited in this market. Buy-and-hold Investing in this apartment as a buy-and-hold opportunity seems unfavorable, given its overpriced status and a significant gap to fair value. The 70/100 condition rating and the limited amenities in the area do not justify the premium pricing, leading to potential concerns regarding property appreciation over time.
Economic Vulnerability With an economic stability score of 40/100, the property faces a high risk of declining demand and potential rent reductions due to unfavorable market conditions. The tenant stability score of 60/100 indicates some level of reliability, but the overall economic concerns could undermine long-term occupancy rates.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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