Montijo Property Prices, Rents & Rental Yields

About Montijo

Montijo sits on the south bank of the Tagus in Setúbal district, pairing riverfront access with a practical suburban setting close to Lisbon’s wider metropolitan area. Its mix of established neighborhoods and newer residential pockets gives the city a steady, everyday appeal that matters to long-term investors.

August 2026 points first to a stronger rental side of the market. Average apartment rents reached €1,600, up 10.3% from the previous month and 7.0% higher than a year earlier, while the average sale price eased to €398,950, down 2.7% month on month but still 1.0% above last year. That split highlights the month’s main tension: income is improving faster than pricing, but purchase values have not moved in step.

The same pattern appears at the unit level. The average apartment price per square metre stood at €3,220, down 1.9% over the month yet up 18.1% year on year. For investors, that combination matters because the estimated yield sits at 4.46%, suggesting returns remain workable even as the market has repriced over time. In practical terms, Montijo’s August reading is less about a broad uplift and more about a market where rents are pushing ahead while sale-side momentum looks more restrained.