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, 3-bathroom apartment of 98 m² on the 4th floor, built in 1970, energy rating C. Located on rua José Joaquim Marques, 195, Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. This apartment features electric shutters throughout and a balcony that offers a scenic river view, enhancing the living experience in a vibrant central location.
The valuation. The asking price of €307,600 is significantly above the fair value of €244,189, representing an overpriced scenario by €63,411 (26.0%). This suggests a limited potential for a justified return on investment at this price point.
Fair value modelled at €244,189 from 6 comparable sales in the area. Asking €307,600 sits €63,411 (26.0%) above — overpriced versus fair value.
Asking €307,600 versus the rua José Joaquim Marques, 195 area baseline of €199,524 (€2,036/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 83/100 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 €199,524, adjusted for condition and micro-location, gives a modelled fair value of €244,189 (€2,492/m²), a €63,411 (26.0%) gap versus the €307,600 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua José Joaquim Marques, 195 | Subject | €307,600 | €3,139 | — | 85 | 48 |
| praça Dom Sebastião, 8 | Active | €425,000 | €2,500 | 20.4% | 74 | 65 |
| Montijo e Afonsoeiro · cc9a11 | Active | €385,000 | €2,895 | 7.8% | 78 | 59 |
| rua Indústria Corticeira, 1 | Active | €340,000 | €1,932 | 38.5% | 74 | 50 |
| Montijo e Afonsoeiro · 1626cc | Active | €370,000 | €2,846 | 9.3% | 76 | 67 |
| Median comp | €377,500 | €2,673 | 14.8% | 75 | 62 |
Long-term rental Given the provided fair value of €244,189, the apartment at €307,600 is overpriced by 26.0%, making long-term rental unappealing for investors seeking value. Additionally, with a gross yield of only 3.6% and a neighbourhood score of 48/100, the potential returns do not justify the investment in this rural area. Buy-and-hold The buy-and-hold strategy may not be advisable for this apartment, as its listing price exceeds fair value significantly. With the neighbourhood having a low score of 48/100 and limited economic activity, long-term appreciation may be difficult to achieve, undermining investment potential.
High Vacancy Risk The combination of a low economic stability score of 35/100 and a tenant stability score of 55/100 suggests a high likelihood of vacancy and turnover, potentially impacting rental income stability.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
