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.
2-bedroom, 2-bathroom apartment of 54 m² on the 2nd floor, built in 1980, energy rating E. Located Almeirim parish, Almeirim municipality, Santarém district. Noteworthy Features: The apartment benefits from a spacious attic conversion that enhances living space, while its prime location offers easy access to local amenities and recreational facilities.
The valuation. The asking price of €169,000 exceeds the fair value of €42,719 by €126,281 or 74.7%. Consequently, this property is considered overpriced. Buy-to-flip angle. A buy-to-flip strategy would hinge on improving the apartment's average fixtures and materials to generate a profitable resale in the mixed-neighborhood market. Buy-to-let angle. With an estimated gross yield of 6.1%, a buy-to-let strategy could generate around €859 per month, providing a stable income in this rural area with low crime rates.
Fair value modelled at €42,719 from the area baseline, adjusted for condition and location. Asking €169,000 sits €126,281 (74.7%) above — overpriced versus fair value.
Asking €169,000 versus the Almeirim, Almeirim, Santarém area baseline of €97,308 (€1,802/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 64/100 (Condition 62 · Materials 66 · Room dimensions 67). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 48/100 (Housing Market 45 · Amenities 45 · Economic 40 · Tenant Quality 60). Softer demand indicators apply a discount to baseline.
Almeirim, Almeirim, Santarém
Area baseline €97,308 + condition -€9,028 + location -€417 = modelled fair value of €42,719 (€791/m²), a €126,281 (74.7%) gap versus the €169,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Almeirim · b03463 | Subject | €169,000 | €3,130 | — | 62 | 48 |
| Fazendas de Almeirim · f882f3 | Active | €145,000 | €2,071 | 33.8% | 53 | 55 |
| União das Freguesias da Cidade de Santarém · d053b2 | Active | €295,000 | €2,398 | 23.4% | 62 | 58 |
| União das Freguesias do Cartaxo e Vale da Pinta · b784d2 | Active | €430,000 | €1,392 | 55.5% | 73 | 43 |
| União das Freguesias da Cidade de Santarém · 523071 | Active | €650,000 | €1,747 | 44.2% | 65 | 50 |
| Median comp | €362,500 | €1,909 | 39.0% | 64 | 53 |
Long-term rental The 2-bed apartment in Almeirim, listed at €169,000, is overpriced at a gap of 74.7% from its fair value of €42,719. Although yielding a gross rental income of 6.1%, the high purchase price makes it an unappealing option for long-term rental investments. Agricultural investment Given the rural context and low crime rates of the Almeirim area, purchasing this property for agricultural investment is also less favorable, as it is overpriced by 74.7% against its fair value. While the condition remains decent at 64/100, the significant premium on price limits the attractiveness of agricultural opportunities.
Economic Vulnerability The property has a low economic stability score of 40/100, indicating a significant risk of economic downturn affecting rental income and property value.
