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 87 m² on the 2nd floor, built in 1994. Located on rua Gago Coutinho, Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Noteworthy Features: This apartment boasts two balconies, enhancing outdoor leisure space, along with charming traditional patterned tiling, offering a unique character amidst modern amenities.
The valuation. The asking price of €249,000 positions it just €876 (0.4%) above the fair value of €248,124, indicating a property priced at fair market value. This suggests no immediate pressure to adjust the asking price for competitive buyers.
Fair value modelled at €248,124 from 6 comparable sales in the area. Asking €249,000 sits €876 (0.4%) above — overpriced versus fair value.
Asking €249,000 versus the rua Gago Coutinho area baseline of €235,961 (€2,712/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 €235,961, adjusted for condition and micro-location, gives a modelled fair value of €248,124 (€2,852/m²), a €876 (0.4%) gap versus the €249,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Gago Coutinho | Subject | €249,000 | €2,862 | — | 68 | 58 |
| Montijo e Afonsoeiro · 225a94 | Active | €299,000 | €2,318 | 19.0% | 75 | 58 |
| rua Cidade de Beja S / N | Active | €289,900 | €2,319 | 19.0% | 75 | 54 |
| Montijo e Afonsoeiro · 5ece8f | Active | €275,000 | €3,056 | 6.8% | 72 | 52 |
| rua Navegadores, 61 | Active | €385,000 | €2,962 | 3.5% | 78 | 59 |
| Median comp | €294,450 | €2,641 | 7.7% | 75 | 56 |
Long-term rental The property's fair valuation and gross yield of 4.5% support its viability in a long-term rental strategy, appealing to stable tenants in Montijo e Afonsoeiro. However, the rental yield is marginally affected by the neighborhood rating of 58/100, suggesting an average demand. Family rental This 3-bed apartment serves well for family rental given the fair value and decent gross yield, making it an attractive option for families seeking residence in a moderately urban area. The property’s condition rating of 72/100 indicates sufficient quality for family living but may benefit from limited amenities in the surrounding neighborhood. Buy-and-hold With a marginal gap versus fair value of just 0.4%, this property aligns with a buy-and-hold strategy in a market that shows steady demand for long-term residential options. Nonetheless, the neighborhood's economic indicators suggest that while the investment holds steady, there may be limited appreciation potential in the near term.
Economic Downturn Risk The low economic stability score of 55/100 indicates a potential for economic downturns, which could adversely affect rental income and property value.
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