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 146 m², energy rating E. Located Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. This property features the potential for a triplex conversion with direct access to a 20 m² storage area, offering additional living space possibilities.
The valuation. The asking price of €335,000 is below the fair value of €383,369 by €48,369 (12.6%), indicating a promising investment opportunity in the Montijo e Afonsoeiro area. This property is therefore viewed as underpriced.
Fair value modelled at €383,369 from 6 comparable sales in the area. Asking €335,000 sits €48,369 (12.6%) below — the upside to fair value.
Asking €335,000 versus the Montijo e Afonsoeiro, Montijo, Setúbal area baseline of €388,713 (€2,662/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 62/100 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 €388,713, adjusted for condition and micro-location, gives a modelled fair value of €383,369 (€2,626/m²), a €48,369 (12.6%) gap versus the €335,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Montijo e Afonsoeiro · 800621 | Subject | €335,000 | €2,295 | — | 63 | 63 |
| Montijo e Afonsoeiro · a80360 | Active | €299,500 | €2,582 | 12.5% | 65 | 66 |
| Montijo e Afonsoeiro · 875058 | Active | €320,000 | €2,602 | 13.4% | 65 | 53 |
| Montijo e Afonsoeiro · 5b858c | Active | €280,000 | €2,692 | 17.3% | 72 | 61 |
| rua Cidade da Horta | Active | €265,000 | €2,650 | 15.5% | 65 | 59 |
| Median comp | €289,750 | €2,626 | 14.4% | 65 | 60 |
Long-term rental The property is well-positioned in Montijo e Afonsoeiro with a fair value that exceeds the listing price by 12.6%, indicating a favorable long-term rental opportunity. With a gross yield of 4%, this investment can provide solid returns over time as the neighborhood develops. Buy-and-hold Acquiring this apartment presents a compelling buy-and-hold strategy as its current listed price is below the fair value of €383,369. The 4% gross yield, combined with the appreciation potential in a suburban area like Montijo, supports a robust long-term growth outlook. Family rental With a reasonable condition score of 62/100 and a neighborhood rating of 63/100, this apartment has the attributes needed for a successful family rental investment. Its subpriced status, coupled with the overall safety of the area, makes it an attractive option for families seeking long-term accommodations.
Economic Volatility Risk With an economic stability score of 65/100, there is a moderate risk that fluctuations in the local economy could impact rental prices and occupancy rates. Tenant Reliability Risk Likewise, a tenant stability score of 65/100 suggests a potential risk of turnover, increasing the likelihood of vacancy periods that can affect cash flow.
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