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 93 m² on the 3rd floor, built in 1988, energy rating E. Located on rua do Baixo Alentejo, Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Noteworthy Features: This property boasts unique oxilo-batent frames for enhanced durability and a short distance to a boat station for convenient access to Lisbon. Condition: Recently fully renovated with excellent state of repair.
The valuation. The asking price of €330,000 sits above fair value by €23,583 or 7.7%, indicating a fair market valuation but not a bargain. This suggests potential for stable value retention with future appreciation prospects.
Fair value modelled at €306,417 from 6 comparable sales in the area. Asking €330,000 sits €23,583 (7.7%) above — overpriced versus fair value.
Asking €330,000 versus the rua do Baixo Alentejo area baseline of €271,500 (€2,919/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 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 €271,500, adjusted for condition and micro-location, gives a modelled fair value of €306,417 (€3,295/m²), a €23,583 (7.7%) gap versus the €330,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Baixo Alentejo | Subject | €330,000 | €3,548 | — | 86 | 48 |
| rua João José Alves | Active | €265,000 | €2,880 | 18.8% | 80 | 79 |
| rua João Fernandes S / N | Active | €350,000 | €2,692 | 24.1% | 80 | 50 |
| Montijo e Afonsoeiro · 023797 | Active | €350,000 | €5,833 | 64.4% | 85 | 57 |
| São Francisco · 4d4695 | Active | €385,000 | €3,080 | 13.2% | 72 | 56 |
| Median comp | €350,000 | €2,980 | 16.0% | 80 | 57 |
Long-term rental This property can offer a gross yield of 3.5%, which reflects a stable but moderate return for long-term rental investors. The condition score of 82/100 indicates that while the apartment is in good shape, potential investors should be mindful of the relatively low neighbourhood score of 48/100, which may affect tenant demand over time. Buy-and-hold With a fair market value at €306,417, this property is not a bargain but can still serve as a stable asset for those looking for a long-term hold in a steadily growing area. Moreover, given its proximity to Lisbon and Setúbal, it positions itself well in a transitional neighbourhood, which may appreciate over the long term despite current limitations.
Tenant turnover risk The tenant stability score of 45/100 indicates a high likelihood of tenant turnover, which could result in increased vacancy rates and loss of rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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