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 126 m² on the 3rd floor, energy rating B. Located Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Noteworthy Features: The living room's fireplace serves as both a cozy centerpiece and a functional heating source, enhancing the apartment's ambiance and comfort during colder months.
The valuation. The asking price of €298,000 sits below the fair value of €332,965, representing a difference of €34,965 or 10.5%. This property is currently considered underpriced.
Fair value modelled at €332,965 from 6 comparable sales in the area. Asking €298,000 sits €34,965 (10.5%) below — the upside to fair value.
Asking €298,000 versus the Montijo e Afonsoeiro, Montijo, Setúbal area baseline of €303,380 (€2,408/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 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 €303,380, adjusted for condition and micro-location, gives a modelled fair value of €332,965 (€2,643/m²), a €34,965 (10.5%) gap versus the €298,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Montijo e Afonsoeiro · 33bdac | Subject | €298,000 | €2,365 | — | 70 | 59 |
| praceta António Sérgio | Active | €435,000 | €2,486 | 5.1% | 73 | 60 |
| Montijo e Afonsoeiro · 86cb7c | Active | €275,000 | €2,926 | 23.7% | 70 | 55 |
| Montijo e Afonsoeiro · 829026 | Active | €390,000 | €2,786 | 17.8% | 70 | 63 |
| Montijo e Afonsoeiro · 15e1d8 | Active | €390,000 | €2,786 | 17.8% | 68 | 61 |
| Median comp | €390,000 | €2,786 | 17.8% | 70 | 61 |
Long-term rental The property presents a compelling opportunity for long-term rental with a gross yield of 4.1%, significantly supported by a fair value that exceeds the listing price by 10.5%. Given the moderate housing demand in Montijo and access to industrial zones, it can attract steady tenants looking for affordability. Buy-and-hold Investing in this apartment as a buy-and-hold strategy is advisable due to its subpar listing price compared to its fair value, allowing for potential value appreciation over time. The property’s decent condition and its positioning in a suburb with average amenities make it a stable investment for future growth. Family rental The apartment is well-suited for family rental given its adequate space and location near average schools, despite the neighborhood’s overall safety ranking. The property’s favorable pricing relative to its fair value positions it attractively for families seeking quality housing without breaking the bank.
Economic Vulnerability The property faces potential investment risk due to its economic stability score of 60/100, indicating a moderate level of economic instability that could affect tenant demand and property value. Tenant Turnover Risk With a tenant stability score of 60/100, there is a risk of higher tenant turnover, which may lead to increased vacancy rates and associated costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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