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 142 m² on the 3rd floor, built in 2019, energy rating A. Located Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. This modern apartment features smart remote-controlled blinds and a private hot tub, enhancing both comfort and convenience for its residents.
The valuation. The asking price of €509,000 sits €16,733 (3.4%) above the fair value of €492,267, indicating the property is fairly priced. This alignment suggests a reasonable market value for the features and location offered.
Fair value modelled at €492,267 from 6 comparable sales in the area. Asking €509,000 sits €16,733 (3.4%) above — overpriced versus fair value.
Asking €509,000 versus the Montijo e Afonsoeiro, Montijo, Setúbal area baseline of €433,467 (€3,053/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 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 €433,467, adjusted for condition and micro-location, gives a modelled fair value of €492,267 (€3,467/m²), a €16,733 (3.4%) gap versus the €509,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Montijo e Afonsoeiro · 5e62ee | Subject | €509,000 | €3,585 | — | 80 | 52 |
| rua Entreparedes, 120 | Active | €479,900 | €3,243 | 9.5% | 80 | 57 |
| rua José Cipriano Pisco | Active | €460,000 | €4,220 | 17.7% | 85 | 51 |
| Montijo e Afonsoeiro · 8ee434 | Active | €415,000 | €3,739 | 4.3% | 78 | 49 |
| rua Dom Nuno Álvares Botelho, 68 | Active | €435,000 | €2,753 | 23.2% | 78 | 54 |
| Median comp | €447,500 | €3,491 | 2.6% | 79 | 53 |
Long-term rental The property offers a gross yield of 2.7%, which aligns with rental market expectations in the area. Given its fair value assessment, investors can anticipate steady, but not exceptional, cash flow from a long-term rental strategy. Buy-and-hold With a fair valuation of €492,267, the property is positioned for stable long-term returns, albeit with moderate appreciation potential. Its location near Setúbal provides access to economic opportunities, making it a reasonable buy-and-hold candidate. Family rental The apartment's semi-rural character may attract families seeking a quieter lifestyle while benefiting from the amenities of nearby Setúbal. However, the lower neighborhood rating of 52/100 may limit the appeal to higher-income tenants in the family rental market.
Low Tenant Retention Risk With both economic and tenant stability scores at 55/100, there is a significant concern that tenants may not remain long-term, potentially leading to higher vacancy rates and increased turnover 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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