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.
0-bedroom, 0-bathroom mix_use_building of 1240 m². Located on estrada nacional 244, 3, Cerejais parish, Alfândega da Fé municipality, Bragança District district. Noteworthy Features: This mixed-use building includes arable land with established citrus, fig, and olive trees, enhancing its potential for agricultural revenue in addition to residential use.
The valuation. The asking price of €62,251 is significantly below the fair value of €839,121, representing a 1,248% discount. This property is thereby classified as underpriced, offering substantial room for appreciation.
Fair value modelled at €839,121 from the area baseline, adjusted for condition and location. Asking €62,251 sits €776,870 (1248.0%) below — the upside to fair value.
Asking €62,251 versus the estrada nacional 244, 3 area baseline of €519,560 (€419/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 42/100 (Condition 37 · Materials 45 · Room dimensions 46). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 41/100 (Housing Market 40 · Amenities 45 · Economic 35 · Tenant Quality 50). Softer demand indicators apply a discount to baseline.
estrada nacional 244, 3
Area baseline €519,560 + condition -€633,563 + location -€54,996 = modelled fair value of €839,121 (€677/m²), a €776,870 (1248.0%) gap versus the €62,251 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| estrada nacional 244, 3 | Subject | €62,251 | €50 | — | 37 | 41 |
| rua Luís de Camões | Active | €286,000 | €241 | 379.1% | 35 | 48 |
| Trevões e Espinhosa · 5230a1 | Active | €850,000 | €661 | 1216.6% | — | 47 |
| Figueira de Castelo Rodrigo · 5ecf3a | Active | €147,000 | €245 | 388.0% | — | 36 |
| rua Luís de Camões | Active | €286,000 | €751 | 1395.3% | — | 42 |
| Median comp | €286,000 | €453 | 802.3% | 35 | 45 |
Long-term rental Given its significant gap from fair value at 1248.0%, this property offers a unique opportunity for long-term rental in a rural area with basic amenities, making it appealing for local tenants. However, the low condition score of 42/100 suggests that renovation may be necessary to attract tenants and provide a reasonable living experience. Buy-and-hold Investing in this property for a buy-and-hold strategy aligns with its substantial underpricing, potentially allowing for capital appreciation as the local economy improves. Investing now, despite the current condition score of 42/100, may yield significant long-term benefits if the property is upgraded and the surrounding amenities enhance. Not ideal for short-term vacation rental The property’s rural setting and low gross yield of 0% indicate it is unsuitable for the short-term vacation rental market, where higher yields are typically necessary. Additionally, without unique attractions in the area, the potential for generating short-term rental income is minimal. Not ideal for luxury market Given the basic amenities and low neighborhood score of 41/100, this property is not suited for the luxury market, which typically demands higher-quality living conditions. The current condition of 42/100 further underscores its misalignment with luxury expectations. Not ideal for student housing The property’s location in a rural area with limited amenities makes it less suitable for student housing, which generally requires access to educational institutions and vibrant environments. Additionally, the poor condition score of 42/100 diminishes its appeal to students seeking comfortable living arrangements.
Economic Vulnerability With an economic stability score of 35/100, there is a significant risk of economic downturns negatively impacting property values and rental income.
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