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 110 m² on the 2nd floor, built in 2002, energy rating D. Located Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Noteworthy Features: The apartment includes a living room with a fireplace, enhancing its appeal as a cozy gathering space despite the need for refurbishment.
The valuation. The asking price of €299,000 sits slightly below the fair value of €303,448, indicating a difference of €4,448 (1.5%). This suggests that the property is fairly valued in the current market.
Fair value modelled at €303,448 from 5 comparable sales in the area. Asking €299,000 sits €4,448 (1.5%) below — the upside to fair value.
Asking €299,000 versus the Montijo e Afonsoeiro, Montijo, Setúbal area baseline of €343,406 (€3,122/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 45/100 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 €343,406, adjusted for condition and micro-location, gives a modelled fair value of €303,448 (€2,759/m²), a €4,448 (1.5%) gap versus the €299,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Montijo e Afonsoeiro · 375060 | Subject | €299,000 | €2,718 | — | 40 | 50 |
| Montijo e Afonsoeiro · f14c1d | Active | €270,000 | €3,176 | 16.9% | 56 | 57 |
| Montijo e Afonsoeiro · f5ec54 | Active | €275,000 | €2,723 | 0.2% | 47 | 47 |
| Montijo e Afonsoeiro · 1908e1 | Active | €279,000 | €2,790 | 2.6% | 42 | 45 |
| rua dos Girassóis, 60 | Active | €250,000 | €2,525 | 7.1% | 45 | 53 |
| Median comp | €272,500 | €2,757 | 1.4% | 46 | 50 |
Buy-and-hold This property offers a fair investment potential with a gross yield of 4.1%, reflecting a steady income opportunity. The property's proximity to larger towns may attract long-term tenants, supporting consistent cash flow over time. Family rental The moderately-rated neighborhood suggests a stable environment for family renters, with decent amenities available nearby. The property is fairly valued, making it an appropriate option for families seeking a comfortable living space without the pressures of a high-cost market. Value-add renovation Although the apartment is in need of some improvement, the overall fair valuation indicates no immediate risk of overpaying for a renovation project. Investing in upgrades could enhance rental appeal and potentially increase yields, but the current condition of 45/100 highlights the necessity for thoughtful improvements.
Economic and Tenant Instability The economic stability score of 50/100 along with a tenant stability score of 50/100 indicates a potential risk of high tenant turnover and fluctuating income, exposing the investment to greater volatility.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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