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. The apartment features a private terrace and balcony, enhancing outdoor living options while benefiting from dual east and west exposure for all-day natural light.
The valuation. The asking price of €295,000 exceeds the fair value of €240,134 by €54,866, representing a 22.8% overpricing. This suggests the property is overpriced in the current market context.
Fair value modelled at €240,134 from 5 comparable sales in the area. Asking €295,000 sits €54,866 (22.8%) above — overpriced versus fair value.
Asking €295,000 versus the Montijo e Afonsoeiro, Montijo, Setúbal area baseline of €235,867 (€2,432/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 €235,867, adjusted for condition and micro-location, gives a modelled fair value of €240,134 (€2,476/m²), a €54,866 (22.8%) gap versus the €295,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Montijo e Afonsoeiro · a80273 | Subject | €295,000 | €3,041 | — | 68 | 57 |
| 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 presents a gross yield of 3.3%, indicating a lower return potential in the current market climate. Given the listing price of €295,000, which is 22.8% above the fair value, it may struggle to attract tenants seeking more cost-effective options. Buy-and-hold With the property priced at €295,000 compared to a fair value of €240,134, the potential for capital appreciation is limited, making it less appealing for a buy-and-hold strategy. Investors may face challenges in realizing significant gains as the local economy remains moderate without substantial employment drivers. Value-add renovation The property has a condition score of 66/100, suggesting some room for improvement, yet initial acquisition costs are already high due to its overpriced nature. This erodes the feasibility of a value-add renovation approach, as the investment return may not sufficiently exceed the renovation costs when starting from a higher-than-fair value base.
Economic Vulnerability The property is at risk due to a low economic stability score of 55/100, which indicates potential challenges in overall economic conditions that could affect tenant demand and rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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