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 130 m² on the 1st floor, built in 2003, energy rating D. Located on rua Navegadores, 61, Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Noteworthy Features: The apartment includes three balconies that enhance outdoor accessibility and provide unobstructed views, emphasizing its excellent solar exposure and natural light throughout the space.
The valuation. The asking price of €385,000 is significantly above the fair value of €313,159, creating a difference of €71,841 (22.9%). The property is clearly overpriced given market conditions.
Fair value modelled at €313,159 from 6 comparable sales in the area. Asking €385,000 sits €71,841 (22.9%) above — overpriced versus fair value.
Asking €385,000 versus the rua Navegadores, 61 area baseline of €279,011 (€2,146/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 €279,011, adjusted for condition and micro-location, gives a modelled fair value of €313,159 (€2,409/m²), a €71,841 (22.9%) gap versus the €385,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Navegadores, 61 | Subject | €385,000 | €2,962 | — | 78 | 59 |
| Montijo e Afonsoeiro · 5ece8f | Active | €275,000 | €3,056 | 3.2% | 72 | 52 |
| rua Duque de Loulé | Active | €440,000 | €2,095 | 29.3% | 72 | 51 |
| rua Duque de Loulé | Active | €440,000 | €2,095 | 29.3% | 72 | 58 |
| Montijo e Afonsoeiro · 225a94 | Active | €299,000 | €2,318 | 21.7% | 75 | 58 |
| Median comp | €369,500 | €2,207 | 25.5% | 72 | 55 |
Long-term rental Despite a gross yield of only 3.5%, the property is overpriced at €385,000 compared to a fair value of €313,159, suggesting limited upside potential for long-term rental income. The average quality of schools and safety in this peripheral area may not attract stable, high-quality tenants conducive to a profitable long-term investment. Family rental As a family rental option, the property’s high price of €385,000 puts it 22.9% above fair value, reducing its appeal for potential family tenants seeking value. Furthermore, the neighborhood's average amenities and typical safety issues may deter families looking for a home in a competitive rental market. Buy-and-hold The buy-and-hold strategy is undermined by the property's current listing price of €385,000, which exceeds its fair valuation of €313,159, leading to concerns about future appreciation. Given the neighborhood's solid but unremarkable ratings, the chances of significant capital growth over time seem limited, making this a less attractive long-term hold investment.
Economic Vulnerability The economic stability score of 55/100 indicates a moderate risk to future income levels from potential economic downturns that could affect tenant demand and rental rates.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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