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.
1-bedroom, 1-bathroom apartment of 40 m², built in 2020, energy rating C. Located Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. This ground floor apartment features unique historical architectural elements, such as restored window frames and decorative moldings, enhancing its character in Montijo’s historic center.
The valuation. The asking price of €195,000 is significantly above the fair value of €140,000, making the property overpriced by €55,000 (39.3%). This disparity may deter potential buyers seeking value. Buy-to-flip angle. With improvements focusing on modernizing the space, a resale price could potentially exceed €210,000. This approach involves cosmetic upgrades to enhance appeal and capitalize on market demand. Buy-to-let angle. The estimated rental income of €715/month offers a gross yield of 4.4%, making it viable for long-term tenancy. Given the condition and suburbs’ economic stability, this could attract family tenants.
Fair value modelled at €140,000 from 6 comparable sales in the area. Asking €195,000 sits €55,000 (39.3%) above — overpriced versus fair value.
Asking €195,000 versus the Montijo e Afonsoeiro, Montijo, Setúbal area baseline of €132,141 (€3,304/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 is above the parish average, lifting 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 €132,141, adjusted for condition and micro-location, gives a modelled fair value of €140,000 (€3,500/m²), a €55,000 (39.3%) gap versus the €195,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Montijo e Afonsoeiro · 8315bb | Subject | €195,000 | €4,875 | — | 70 | 65 |
| Montijo e Afonsoeiro · 6c7a17 | Active | €310,000 | €3,333 | 31.6% | 75 | 53 |
| Montijo e Afonsoeiro · 65a74e | Active | €340,000 | €5,484 | 12.5% | 75 | 54 |
| avenida Pedro Nunes, 658 | Active | €235,000 | €4,608 | 5.5% | 70 | 52 |
| Montijo e Afonsoeiro · be9335 | Active | €230,000 | €3,194 | 34.5% | 70 | 68 |
| Median comp | €272,500 | €3,971 | 18.6% | 73 | 54 |
Long-term rental Given the current listing price of €195,000, which is 39.3% above the fair value of €140,000, the rental yield of 4.4% does not compensate for the investment risk. The suburban location near Setúbal has moderate crime expectations, which may deter reliable tenants and impact occupancy rates. Value-add renovation Although the property requires only moderate renovations, the significant price markup makes it a less appealing candidate for value-add strategies, as the return on investment may not align with the high acquisition cost. Moreover, the property's current condition rating of 73/100 suggests only limited opportunities for enhancing value through improvements. Family rental The property’s suburban setting is generally suitable for family rentals, yet the €195,000 price tag positions it as overpriced against its fair value, limiting its attractiveness for this segment. Additionally, with a neighborhood score of 65/100, potential family tenants may seek more value-oriented options amid economic uncertainties in the area.
Economic Sensitivity The combined economic stability score of 70 and tenant stability score of 65 indicates potential vulnerability to economic downturns, which could affect rental income and occupancy rates significantly.
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