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 house of 180 m², built in 1989, energy rating E. Located on rua Pinheiro Chagas, Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Noteworthy Features: This property includes a versatile layout with four potential bedrooms and a spacious outdoor area perfect for creating recreational spaces like a garden or pool.
The valuation. The asking price of €450,000 is significantly above the fair value of €297,840, representing an overpricing of €152,160 (51.1%). This discrepancy indicates that the property is not a good investment at its current listing.
Fair value modelled at €297,840 from 6 comparable sales in the area. Asking €450,000 sits €152,160 (51.1%) above — overpriced versus fair value.
Asking €450,000 versus the rua Pinheiro Chagas area baseline of €302,472 (€1,680/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 62/100 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 €302,472, adjusted for condition and micro-location, gives a modelled fair value of €297,840 (€1,655/m²), a €152,160 (51.1%) gap versus the €450,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Pinheiro Chagas | Subject | €450,000 | €2,500 | — | 59 | 49 |
| Montijo e Afonsoeiro · 4d4538 | Active | €424,700 | €1,464 | 41.4% | 42 | 45 |
| rua Cândido dos Reis, 32 | Active | €419,500 | €2,331 | 6.8% | 70 | 48 |
| Montijo e Afonsoeiro · 96c496 | Active | €250,000 | €1,613 | 35.5% | 35 | 53 |
| Montijo e Afonsoeiro · be9425 | Active | €550,000 | €1,222 | 51.1% | 70 | 46 |
| Median comp | €422,100 | €1,539 | 38.5% | 56 | 47 |
Long-term rental This property is overpriced, with a listing price of €450,000 significantly exceeding its fair value of €297,840, revealing a 51.1% gap. While the gross yield of 5.3% might initially seem attractive, the poor neighborhood rating of 49/100 and the overall property condition score of 62/100 present considerable risks for long-term investment. Buy-and-hold Given its current valuation of €450,000 compared to a fair value of €297,840, this property should not be considered as a potential buy-and-hold investment. The limited growth prospects in the rural Montijo e Afonsoeiro area and its low neighborhood quality ratings imply that holding this asset could result in stagnant or declining returns over time.
Economic Dependency Risk The economic stability score of 40/100 indicates a high vulnerability to market fluctuations, which could threaten tenant retention and lead to increased vacancies.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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