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.
2-bedroom, 1-bathroom apartment of 110 m² on the 3rd floor, built in 1978, energy rating D. Located Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. This apartment features a charming winter garden that enhances living space and provides a unique element perfect for relaxation or indoor gardening.
The valuation. The asking price of €220,000 sits just below the fair value of €221,830, with a minimal difference of €1,830 (0.8%). This indicates the property is fairly valued and not a bargain or inflated in comparison to current market conditions.
Fair value modelled at €221,830 from 6 comparable sales in the area. Asking €220,000 sits €1,830 (0.8%) below — the upside to fair value.
Asking €220,000 versus the Montijo e Afonsoeiro, Montijo, Setúbal area baseline of €197,066 (€1,792/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 €197,066, adjusted for condition and micro-location, gives a modelled fair value of €221,830 (€2,017/m²), a €1,830 (0.8%) gap versus the €220,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Montijo e Afonsoeiro · e55364 | Subject | €220,000 | €2,000 | — | 70 | 60 |
| rua da Aldeia Velha, 25 | Active | €210,000 | €1,654 | 17.3% | 68 | 53 |
| Montijo e Afonsoeiro · 0c0650 | Active | €435,000 | €1,977 | 1.1% | 72 | 43 |
| rua Soeiro Pereira Gomes, 28 | Active | €257,000 | €2,056 | 2.8% | 56 | 49 |
| Montijo e Afonsoeiro · 19f433 | Active | €135,000 | €2,143 | 7.1% | — | 58 |
| Median comp | €233,500 | €2,017 | 0.8% | 68 | 51 |
Long-term rental The property's yield of 4.5% gross indicates a reasonable return for a long-term rental strategy, although the gap to fair value is marginal at 0.8%. With its solid condition score of 74/100, it is positioned to attract long-term tenants despite moderate neighborhood appeal. Buy-and-hold Given that the property is priced fairly at €220,000, it offers stability for investors looking for a buy-and-hold strategy. Additionally, the proximity to Setúbal provides potential for future appreciation in value, balanced against its suburban fringe characteristics. Family rental This apartment presents a valid option for family rental prospects, as its 110m² layout caters well to families seeking spacious accommodations. However, the neighborhood's average score of 60/100 may limit the appeal to families prioritizing quality surroundings, making tenant turnover a consideration.
Economic Vulnerability The economic stability score of 55/100 indicates a potential risk in revenue consistency, as local economic fluctuations may impact tenant retention and rental payments.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit