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 112 m² on the 3rd floor, energy rating C. Located on rua Cidade de Viana do Castelo S / N, Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Unique Feature: The apartment boasts two exclusive balconies, one enclosed, providing versatile outdoor space and additional privacy in a serene residential setting.
The valuation. The asking price of €367,000 is positioned above the fair value of €347,905 by €19,095, or 5.5%. This suggests that the property is fairly priced in the current market context.
Fair value modelled at €347,905 from 6 comparable sales in the area. Asking €367,000 sits €19,095 (5.5%) above — overpriced versus fair value.
Asking €367,000 versus the rua Cidade de Viana do Castelo S / N area baseline of €316,084 (€2,822/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 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 €316,084, adjusted for condition and micro-location, gives a modelled fair value of €347,905 (€3,106/m²), a €19,095 (5.5%) gap versus the €367,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Cidade de Viana do Castelo S / N | Subject | €367,000 | €3,277 | — | 78 | 53 |
| avenida Corregedor Rodrigo Dias | Active | €289,000 | €3,360 | 2.6% | 75 | 48 |
| Montijo e Afonsoeiro · 96c0cd | Active | €325,000 | €3,186 | 2.8% | 75 | 53 |
| avenida 25 de Abril | Active | €298,000 | €3,239 | 1.1% | 68 | 59 |
| Montijo e Afonsoeiro · 6a9542 | Active | €287,500 | €3,026 | 7.6% | 70 | 56 |
| Median comp | €293,500 | €3,213 | 2.0% | 73 | 55 |
Long-term rental The property in Montijo e Afonsoeiro offers a gross yield of 3.1%, which aligns with the return expectations for long-term investments in suburban areas. Given the fair valuation and average neighborhood rating, this strategy may provide stable rental income without significant appreciation potential. Family rental With three bedrooms and ample space at 112m², this apartment appears suitable for family rentals, meeting the demands of medium-sized households. However, the fare-value price suggests that while it may attract tenants, the financial upside is limited as the property is appropriately priced for its condition and location. Buy-and-hold While the apartment has a solid condition rating of 79/100, the neighborhood's score of 53/100 may pose challenges for long-term appreciation. Buying this property for holding purposes is justifiable at its fair value, but it lacks the characteristics of a high-growth investment over time.
Economic risk The low economic stability score of 50/100 indicates a potential vulnerability to market fluctuations that could affect investment returns.
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