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 house of 130 m², energy rating F. Located Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Property Type: Houses for Renovation - Offering a unique investment potential with three independent units already established and a stable rental income from the existing studio tenant. Location: Positioned in a historic area of Montijo, ensuring a blend of charm and future appreciation opportunities.
The valuation. The asking price of €300,000 is significantly above fair value at €224,184, resulting in an overpriced scenario with a premium of €75,816 (33.8%).
Fair value modelled at €224,184 from 6 comparable sales in the area. Asking €300,000 sits €75,816 (33.8%) above — overpriced versus fair value.
Asking €300,000 versus the Montijo e Afonsoeiro, Montijo, Setúbal area baseline of €345,932 (€2,661/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 10/100 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 €345,932, adjusted for condition and micro-location, gives a modelled fair value of €224,184 (€1,724/m²), a €75,816 (33.8%) gap versus the €300,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Montijo e Afonsoeiro · 787f29 | Subject | €300,000 | €2,308 | — | — | 59 |
| Montijo e Afonsoeiro · f46d3e | Active | €180,000 | €779 | 66.2% | — | 53 |
| estrada Velha da Lançada | Active | €230,000 | €669 | 71.0% | 15 | 47 |
| Montijo e Afonsoeiro · 023b4a | Active | €325,000 | €1,912 | 17.2% | 25 | 57 |
| rua Miguel Bombarda S / N | Active | €259,000 | €2,158 | 6.5% | 15 | 51 |
| Median comp | €244,500 | €1,346 | 41.7% | 15 | 52 |
Long-term rental The gross yield of 5.8% is decent, but the property's pricing at €300,000 indicates it is overpriced by 33.8% compared to its fair value of €224,184. This gap may deter potential tenants seeking affordable long-term accommodations in Montijo e Afonsoeiro, affecting rental demand over time. Family rental While the house has potential for family occupancy, the 10/100 condition score raises concerns that could be problematic for families seeking turn-key living situations. Additionally, being overpriced compromises the attractiveness of the rental for families who may find better-valued options elsewhere. Buy-and-hold Acquiring this property for buy-and-hold is not recommended, as it is overpriced by a significant margin, diminishing its long-term investment potential. The 59/100 neighbourhood score suggests moderate appeal, but the high acquisition cost may restrict future appreciation and returns.
Economic Vulnerability The property's economic stability score of 55/100 indicates potential vulnerability to economic downturns, which could affect rental income and tenant reliability.
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