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 113 m² on the 2nd floor, energy rating B. Located Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Noteworthy Features: The apartment includes a cozy fireplace in the living room and generous balcony access from both the living area and one bedroom, enhancing outdoor living space.
The valuation. The asking price of €375,000 is significantly above the fair value of €336,090, indicating an overpriced property by €38,910, or 11.6%. This valuation suggests that buyers should exercise caution. Buy-to-flip angle. A buy-to-flip strategy may yield limited profits, considering the current asking price exceeds fair value. Reselling might require extensive renovations or market conditions to improve profitability. Buy-to-let angle. The potential rental income of approximately €1,031/month offers a gross yield of 3.3%, which is relatively low for an investment property. Targeting long-term family rentals may provide stable cash flow in a suburban setting.
Fair value modelled at €336,090 from 6 comparable sales in the area. Asking €375,000 sits €38,910 (11.6%) above — overpriced versus fair value.
Asking €375,000 versus the Montijo e Afonsoeiro, Montijo, Setúbal area baseline of €334,536 (€2,960/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 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 €334,536, adjusted for condition and micro-location, gives a modelled fair value of €336,090 (€2,974/m²), a €38,910 (11.6%) gap versus the €375,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Montijo e Afonsoeiro · 07f956 | Subject | €375,000 | €3,319 | — | 62 | 55 |
| urbanização Corte Esteval | Active | €362,000 | €3,121 | 6.0% | 65 | 59 |
| rua Aquilino Ribeiro, 62 | Active | €370,000 | €3,190 | 3.9% | 70 | 56 |
| rua Pedro Hispano, 69 | Active | €398,000 | €2,653 | 20.0% | 75 | 52 |
| rua de São José Operário | Active | €427,000 | €2,828 | 14.8% | 74 | 60 |
| Median comp | €384,000 | €2,975 | 10.4% | 72 | 58 |
Long-term rental The 3-bed apartment in Montijo e Afonsoeiro is priced at €375,000, which is 11.6% above the fair value estimate of €336,090, indicating it is overpriced. With a gross yield of only 3.3%, the investment returns may not meet the expectations of long-term rental investors. Family rental This property offers decent living space for families, but its pricing at €375,000 exceeds fair value by 11.6%, deeming it overpriced. Given the neighbourhood's lower score of 55/100, families seeking value may not find this rental appealing compared to more competitively priced options in the market.
Economic Vulnerability The property faces increased risks due to its low economic stability score of 50/100, indicating potential market fluctuations that could affect tenant demand and rental income. Tenant Instability With a tenant stability score of 55/100, there may be a higher turnover rate, leading to potentially increased vacancy periods and rental income instability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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