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, 4-bathroom apartment of 225 m², energy rating A. Located on rua Joao Dias, Montijo e Afonsoeiro parish, Montijo municipality, Setúbal district. Amenities: This apartment features an expansive terrace with city views, perfect for outdoor entertaining and adding valuable living space. Investment Potential: Its location is ideal for attracting high-demand short-term rental guests.
The valuation. The asking price of €600,000 exceeds the fair value of €536,584 by €63,416, marking an 11.8% overvaluation. This price suggests the property is overpriced, making it less attractive for initial investment. Buy-to-flip angle. Given the high-end contemporary renovation, potential for resale exists; however, the market's current valuation position indicates that flipping may be risky, as the resale price may not yield a profit. Buy-to-let angle. With an estimated gross yield of 4.3% based on average rentals of €2,150 per month, this property could generate steady rental income, appealing for long-term investment amidst neighborhood challenges.
Fair value modelled at €536,584 from 6 comparable sales in the area. Asking €600,000 sits €63,416 (11.8%) above — overpriced versus fair value.
Asking €600,000 versus the rua Joao Dias area baseline of €441,487 (€1,962/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 84/100 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 €441,487, adjusted for condition and micro-location, gives a modelled fair value of €536,584 (€2,385/m²), a €63,416 (11.8%) gap versus the €600,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Joao Dias | Subject | €600,000 | €2,667 | — | 91 | 52 |
| rua Eça de Queiroz | Active | €599,000 | €2,340 | 12.3% | 83 | 56 |
| avenida Amália Rodrigues | Active | €700,000 | €2,167 | 18.7% | 85 | 54 |
| Montijo e Afonsoeiro · 65306f | Active | €570,000 | €2,651 | 0.6% | 80 | 47 |
| Montijo e Afonsoeiro · 76b282 | Active | €650,000 | €2,425 | 9.0% | 88 | 63 |
| Median comp | €624,500 | €2,383 | 10.7% | 84 | 55 |
Long-term rental Given that this property is overpriced by 11.8% compared to its fair value of €536,584, investors should be cautious about returns, especially with a modest gross yield of 4.3%. The average neighbourhood score of 52/100 indicates potential challenges in attracting stable long-term tenants due to its suburban and industrial influences. Buy-and-hold With the property's current price of €600,000 exceeding the fair market value, the prospect for long-term appreciation is limited, particularly in a neighbourhood with a low score of 52/100. Investors may be better served looking for assets with a more favorable valuation and higher tenant appeal for sustainable growth. Family rental Though a family rental strategy might seem viable, the overall value perception is diminished by the property being overpriced, coupled with a neighborhood score of 52/100. Families may prioritize safer and more appealing neighborhoods, making this investment less attractive despite the size of the apartment.
Economic volatility risk The economic stability score of 60 suggests moderate risk, while the low tenant stability score of 50 indicates potential difficulty in maintaining consistent 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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