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, 2-bathroom apartment of 97 m² on the 3rd floor, built in 1983, energy rating E. Located Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Noteworthy Features: The apartment boasts a private balcony and terrace, enhancing outdoor living and providing a rare feature for urban dwellers seeking personal outdoor space in Montijo.
The valuation. The asking price of €295,000 sits €43,230 (17.2%) above the estimated fair value of €251,770, indicating the property is overpriced.
Fair value modelled at €251,770 from 6 comparable sales in the area. Asking €295,000 sits €43,230 (17.2%) above — overpriced versus fair value.
Asking €295,000 versus the Montijo e Afonsoeiro, Montijo, Setúbal area baseline of €248,019 (€2,557/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 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 €248,019, adjusted for condition and micro-location, gives a modelled fair value of €251,770 (€2,596/m²), a €43,230 (17.2%) gap versus the €295,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Montijo e Afonsoeiro · 8314e6 | Subject | €295,000 | €3,041 | — | 68 | 58 |
| avenida Dom Afonso Henriques | Active | €320,000 | €2,078 | 31.7% | 65 | 58 |
| rua Gago Coutinho S / N | Active | €308,000 | €2,281 | 25.0% | 70 | 62 |
| Montijo e Afonsoeiro · a79daa | Active | €320,000 | €3,200 | 5.2% | — | 62 |
| Montijo e Afonsoeiro · cbc059 | Active | €320,000 | €2,759 | 9.3% | 60 | 60 |
| Median comp | €320,000 | €2,520 | 17.1% | 65 | 61 |
Long-term rental The property in Montijo e Afonsoeiro, listed at €295,000, presents a 17.2% gap versus its fair value of €251,770, indicating it is overpriced for long-term rental opportunities. Given its gross yield of 3.4% and the rural location with limited housing demand, the investment poses significant risks for sustained rental income. Buy-and-hold The buy-and-hold strategy for this 2-bed apartment is not advisable due to its 17.2% overpricing compared to the fair value, as the listing price of €295,000 does not reflect potential appreciation in this rural market. Furthermore, the apartment's condition rating of 66/100 suggests additional costs may arise over time, diminishing the return on investment. Family rental While the neighbourhood offers basic amenities, the apartment's listing price of €295,000 exceeds its fair value of €251,770, making it overpriced for family rental purposes. The lower quality rating of the neighbourhood, at 58/100, adds to concerns about attracting ideal tenants and achieving stable rent. Not ideal for: The property is not suitable for short-term rental due to the limited housing demand in its rural context. It also faces challenges in the student housing sector, as the lack of accessible public transport and basic amenities warrant lower interest from students and young professionals. Luxury market Given the basic amenities and rural setting of Montijo e Afonsoeiro, this apartment is ill-suited for the luxury market, particularly at a price point that is 17.2% above fair value. The property lacks the unique characteristics and high-end appeal that luxury buyers typically seek.
Economic vulnerability The property's economic stability score of 50 out of 100 suggests significant risk due to potential downturns in the local economy, affecting tenant demand and rental income stability.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
