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, 1-bathroom apartment of 140 m² on the 2nd floor, built in 2002, energy rating B. Located Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. This apartment features multiple balconies that enhance natural light and provide outdoor leisure space, while its location near essential services ensures a convenient urban lifestyle.
The valuation. The asking price of €390,000 is positioned 4.8% below the fair value of €409,574, indicating a fair valuation for the property. This suggests that the property is reasonably priced in the current market context.
Fair value modelled at €409,574 from 5 comparable sales in the area. Asking €390,000 sits €19,574 (4.8%) below — the upside to fair value.
Asking €390,000 versus the Montijo e Afonsoeiro, Montijo, Setúbal area baseline of €372,317 (€2,659/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 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 €372,317, adjusted for condition and micro-location, gives a modelled fair value of €409,574 (€2,926/m²), a €19,574 (4.8%) gap versus the €390,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Montijo e Afonsoeiro · 829026 | Subject | €390,000 | €2,786 | — | 70 | 63 |
| Montijo e Afonsoeiro · 86cb7c | Active | €275,000 | €2,926 | 5.0% | 70 | 55 |
| Montijo e Afonsoeiro · f46d2c | Active | €315,000 | €3,000 | 7.7% | 72 | 53 |
| avenida Amália Rodrigues S / N | Active | €449,900 | €2,499 | 10.3% | 75 | 56 |
| rua Leonardo Coimbra | Active | €420,000 | €2,442 | 12.3% | 83 | 58 |
| Median comp | €367,500 | €2,713 | 2.6% | 74 | 56 |
Long-term rental The current listing price of €390,000 reflects a modest gross yield of 3.2%, suggesting a stable but not particularly lucrative investment opportunity. Given the fair value estimation of €409,574, the property is appropriately priced within the market context. Buy-and-hold With a fair value gap of 4.8%, this property stands as a reasonable option for a buy-and-hold strategy, particularly if the investment is viewed in the light of potential long-term market growth. While the condition and neighbourhood ratings indicate some desirable qualities, the close proximity to Setúbal offers additional economic advantages. Family rental The apartment's size and three bedrooms are conducive to family living, and while the property is fairly valued, it does align well with the needs of families seeking long-term stability. However, the neighbourhood score of 63/100 suggests that while there are advantages, potential renters should weigh these against other area options.
Economic and tenant instability risk: With both the economic stability score and tenant stability score at 60/100, there is a significant risk of fluctuating rent demand and potential tenant turnover affecting the property's return on investment.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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