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, built in 1979, energy rating D. Located Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. This property includes a panoramic river view from the kitchen and an opportunity for attic conversion, increasing flexibility for customization and enhancing living space.
The valuation. The asking price of €320,000 exceeds the fair value of €272,094 by €47,906, indicating that the property is overpriced by 17.6%. This raises concerns regarding its potential return on investment.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Montijo e Afonsoeiro · a79daa | Subject | €320,000 | €3,200 | — | — | 62 |
| rua Doutor António Campos Ferreira Trindade, 39 | Active | €269,000 | €2,773 | 13.3% | — | 54 |
| Montijo e Afonsoeiro · 937651 | Active | €307,500 | €2,278 | 28.8% | 68 | 58 |
| Montijo e Afonsoeiro · 190993 | Active | €315,000 | €2,716 | 15.1% | 70 | 51 |
| Montijo e Afonsoeiro · 5ecffb | Active | €299,900 | €2,726 | 14.8% | 50 | 56 |
| Median comp | €303,700 | €2,721 | 15.0% | 68 | 55 |
Long-term rental The property, listed at €320,000, is overpriced relative to the fair value of €272,094, indicating it may not attract tenants who are looking for competitive pricing. With a gross yield of only 3.7%, the investment potential is significantly diminished, leading to concerns about achieving favorable cash flow in the long term. Value-add renovation Although the property's current condition rates a low 0/100, which presents an opportunity for renovation, its overpriced status at €320,000 limits the potential return on investment. The gap of 17.6% to fair value suggests that the necessary renovation costs could further entrench its position as a less attractive asset on the market. Family rental While families may be drawn to the property due to its size and location near Setúbal, the current asking price of €320,000 makes it difficult to align with family budgets looking for value. Coupled with the neighborhood's decent rating of 62/100, the expectations for rental income may be underwhelmed given the price point and surrounding competition. Not ideal for: Luxury market, Short-term vacation rental, Student housing
Tenant turnover risk With a tenant stability score of 55/100, there is a significant likelihood of higher turnover rates that may result in increased vacancy and re-leasing costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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