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 86 m² on the 3rd floor, built in 1988, energy rating C. Located on avenida Corregedor Rodrigo Dias, Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. This apartment boasts a generous layout where every room directly opens to a balcony, enhancing natural light and outdoor access in a tranquil urban setting.
The valuation. The asking price of €289,000 sits €21,859 (8.2%) above the fair value of €267,141, aligning with a valuation deemed fair. This suggests the property holds its market value without being overly priced or undervalued.
Fair value modelled at €267,141 from 6 comparable sales in the area. Asking €289,000 sits €21,859 (8.2%) above — overpriced versus fair value.
Asking €289,000 versus the avenida Corregedor Rodrigo Dias area baseline of €242,260 (€2,817/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 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 €242,260, adjusted for condition and micro-location, gives a modelled fair value of €267,141 (€3,106/m²), a €21,859 (8.2%) gap versus the €289,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Corregedor Rodrigo Dias | Subject | €289,000 | €3,360 | — | 75 | 48 |
| Montijo e Afonsoeiro · 6a9542 | Active | €287,500 | €3,026 | 9.9% | 70 | 56 |
| Montijo e Afonsoeiro · 96c0cd | Active | €325,000 | €3,186 | 5.2% | 75 | 53 |
| avenida 25 de Abril | Active | €298,000 | €3,239 | 3.6% | 68 | 59 |
| rua Bento de Jesus Caraça | Active | €310,000 | €3,229 | 3.9% | 70 | 59 |
| Median comp | €304,000 | €3,208 | 4.6% | 70 | 58 |
Long-term rental While this 3-bed apartment in Montijo e Afonsoeiro provides a moderate gross yield of 3.6%, it is priced only 8.2% above its fair value, indicating a fair investment option under current market conditions. Given the rural context and dependence on personal transport, the tenant market may skew towards long-term residents seeking stable housing. Buy-and-hold The investment in this property at €289,000 aligns closely with its fair value of €267,141, suggesting no significant concerns for immediate resale potential. Holding onto this property could yield steady returns, particularly as rural areas are experiencing gradual interest due to lower crime rates and the appeal of quieter living conditions.
Low Economic Stability Risk The property's low economic stability score of 40/100 indicates a higher likelihood of fluctuations in the local economy, which could negatively affect tenant demand and rental income.
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