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, 1-bathroom apartment of 144 m² on the 3rd floor, built in 2014, energy rating C. Located on rua Dom Nuno Álvares Botelho, 37, Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Noteworthy Features: This apartment uniquely offers three balconies that enhance outdoor living options, alongside a garage equipped with an electric car charging point for modern convenience.
The valuation. The asking price of €419,000 is positioned above the fair value of €403,200 by €15,800 (3.9%). This situation leads to a verdict of fair, indicating the price aligns closely with market expectations.
Fair value modelled at €403,200 from 6 comparable sales in the area. Asking €419,000 sits €15,800 (3.9%) above — overpriced versus fair value.
Asking €419,000 versus the rua Dom Nuno Álvares Botelho, 37 area baseline of €342,964 (€2,382/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 €342,964, adjusted for condition and micro-location, gives a modelled fair value of €403,200 (€2,800/m²), a €15,800 (3.9%) gap versus the €419,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Dom Nuno Álvares Botelho, 37 | Subject | €419,000 | €2,910 | — | 78 | 49 |
| Montijo e Afonsoeiro · f14c47 | Active | €262,000 | €2,911 | 0% | 72 | 63 |
| Montijo e Afonsoeiro · 1626cc | Active | €370,000 | €2,846 | 2.2% | 76 | 67 |
| avenida Pedro Nunes, 745 | Active | €369,900 | €2,466 | 15.2% | 75 | 58 |
| Montijo e Afonsoeiro · f14db2 | Active | €350,000 | €2,800 | 3.8% | 75 | 48 |
| Median comp | €359,950 | €2,823 | 3.0% | 75 | 61 |
Long-term rental The property in Montijo e Afonsoeiro presents a gross yield of 3.2%, which aligns with the local market expectations for long-term rental properties. However, the neighbourhood score of 49/100 indicates potential challenges in tenant quality and overall demand. Buy-and-hold With a fair value of €403,200 compared to the listing price of €419,000, the slight gap of 3.9% suggests this investment will likely yield moderate capital appreciation over time. The property’s condition rating of 82/100 is promising, but the rural characteristics of the area may limit long-term appreciation potential due to economic factors.
High Economic Risk The low economic stability score of 35/100 suggests potential vulnerabilities in the local market that could impact property values and rental income negatively.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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