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, 0-bathroom apartment of 73 m² on the 3rd floor, energy rating E. Located Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Noteworthy Features: The apartment includes a private balcony and terrace for outdoor enjoyment, and it benefits from renovations that enhance its overall functionality and appeal. Condition Notes: Displays a well-maintained condition with decent quality finishes throughout.
The valuation. The asking price of €295,000 is significantly above the fair value of €222,115, showing an excess of €72,885 (32.8%). This property is overpriced, making it a less attractive investment opportunity.
Fair value modelled at €222,115 from 6 comparable sales in the area. Asking €295,000 sits €72,885 (32.8%) above — overpriced versus fair value.
Asking €295,000 versus the Montijo e Afonsoeiro, Montijo, Setúbal area baseline of €214,539 (€2,939/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 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 €214,539, adjusted for condition and micro-location, gives a modelled fair value of €222,115 (€3,043/m²), a €72,885 (32.8%) gap versus the €295,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Montijo e Afonsoeiro · a80bac | Subject | €295,000 | €4,041 | — | 70 | 55 |
| Sarilhos Grandes · ac99ac | Active | €285,000 | €3,065 | 24.2% | 72 | 58 |
| Montijo e Afonsoeiro · 65a82d | Active | €260,000 | €2,889 | 28.5% | 75 | 55 |
| São Francisco · 893606 | Active | €290,000 | €3,021 | 25.2% | 62 | 53 |
| rua das Forças Armadas S / N | Active | €240,000 | €2,667 | 34.0% | 65 | 59 |
| Median comp | €272,500 | €2,955 | 26.9% | 69 | 57 |
Buy-and-hold Despite the potential for steady rental income, the property is overpriced at €295,000 compared to a fair value of €222,115, presenting a significant 32.8% gap. This high entry price, coupled with a modest gross yield of 3%, raises concerns about long-term profitability in a somewhat rural region with limited economic activity. Family rental While the property could attract families due to its size, the overpriced valuation limits its appeal, with a fair value of €222,115 indicating a 32.8% overvaluation. Additionally, the modest neighborhood rating of 55/100 suggests that while demand may exist, the high price point may hinder prospective tenant interest in a rural community setting.
Economic Vulnerability The economic stability score of 55/100 suggests a heightened risk of declines in property values due to potential downturns in the local economy. Tenant Instability With a tenant stability score of 60/100, there's a moderate risk of turnover and vacancy, which could affect rental income and long-term profitability.
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