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.
4-bedroom, 2-bathroom apartment of 120 m² on the 3rd floor, built in 1988. Located on rua das Hortênsias, 1, Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Noteworthy Features: The apartment boasts 8 balconies, enhancing natural light and outdoor space, and is located on a corner enhancing privacy and views from multiple fronts.
The valuation. The asking price of €249,500 sits €56,929 (18.6%) below the fair value of €306,429. This property is currently underpriced, presenting a favorable opportunity for prospective investors.
Fair value modelled at €306,429 from 6 comparable sales in the area. Asking €249,500 sits €56,929 (18.6%) below — the upside to fair value.
Asking €249,500 versus the rua das Hortênsias, 1 area baseline of €345,333 (€2,878/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 48/100 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 €345,333, adjusted for condition and micro-location, gives a modelled fair value of €306,429 (€2,554/m²), a €56,929 (18.6%) gap versus the €249,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua das Hortênsias, 1 | Subject | €249,500 | €2,079 | — | 42 | 65 |
| rua dos Girassóis, 60 | Active | €250,000 | €2,525 | 21.5% | 45 | 53 |
| Montijo e Afonsoeiro · a80360 | Active | €299,500 | €2,582 | 24.2% | 65 | 66 |
| rua Soeiro Pereira Gomes, 28 | Active | €257,000 | €2,056 | 1.1% | 56 | 49 |
| Montijo e Afonsoeiro · 14423f | Active | €295,000 | €1,788 | 14.0% | 66 | 64 |
| Median comp | €276,000 | €2,291 | 10.2% | 61 | 59 |
Long-term rental The property, with a fair value of €306,429, presents an opportunity for long-term rental investment as it is currently listed at €249,500, indicating a notable discount. With a gross yield of 4.9%, the apartment's demand in this industrial-influenced area can lead to stable cash flow despite a median condition rating of 48/100. Buy-and-hold Given that the listing price is 18.6% below its fair value, this property can serve as a solid buy-and-hold investment for future appreciation in a blend of rural and suburban settings. The potential for value growth, paired with the favorable yield of 4.9%, makes this an attractive option for long-term capital gains while benefiting from the local amenities in Montijo e Afonsoeiro.
Economic Volatility With an economic stability score of 70, there may be fluctuations that could impact rental income, compounded by a tenant stability score of 60 indicating a higher risk of tenant turnover and vacancy rates.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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