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 114 m² on the 3rd floor, energy rating E. Located Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Noteworthy Features: This apartment boasts two balconies with views of the Tagus River and a flue outlet in the living room for potential heating installation.
The valuation. The asking price of €295,000 is slightly above the fair value of €292,673, by €2,327 (0.8%). This property is thus considered to be fairly priced in the current market context.
Fair value modelled at €292,673 from 5 comparable sales in the area. Asking €295,000 sits €2,327 (0.8%) above — overpriced versus fair value.
Asking €295,000 versus the Montijo e Afonsoeiro, Montijo, Setúbal area baseline of €277,618 (€2,435/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 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 €277,618, adjusted for condition and micro-location, gives a modelled fair value of €292,673 (€2,567/m²), a €2,327 (0.8%) gap versus the €295,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Montijo e Afonsoeiro · bf2273 | Subject | €295,000 | €2,588 | — | — | 56 |
| Montijo e Afonsoeiro · 5b858c | Active | €280,000 | €2,692 | 4.0% | 72 | 61 |
| Montijo e Afonsoeiro · 800621 | Active | €335,000 | €2,295 | 11.3% | 63 | 63 |
| rua Gago Coutinho S / N | Active | €308,000 | €2,281 | 11.8% | 70 | 62 |
| rua Aquilino Ribeiro, 42 | Active | €385,000 | €2,601 | 0.5% | 75 | 54 |
| Median comp | €321,500 | €2,448 | 5.4% | 71 | 62 |
Long-term rental This 3-bed apartment presents a fair investment opportunity for long-term rental, with a gross yield of 4.2% aligning closely with the fair value of €292,673. The neighborhood's current rating of 56/100 indicates moderate tenant quality, which may attract stable occupancy rates in the long run. Family rental A family rental strategy is well-suited for this property, as its size and layout are ideal for larger households. Given its fair value pricing and fair condition rating of 72/100, it can adequately serve the needs of families seeking comfortable living spaces near Setúbal. Buy-and-hold Adopting a buy-and-hold strategy for this apartment aligns with its overall fair valuation at €295,000, providing a solid foundation for long-term growth. The proximity to Setúbal enhances its attractiveness as an investment, although the neighborhood’s amenities may limit rapid appreciation in value over time.
Economic Downturn Risk With an economic stability score of 55/100, there is a significant risk of economic downturn impacting tenant retention and rental income stability due to insufficient local economic strength.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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