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: This apartment boasts an attic conversion, enhancing usable space significantly, while its strategic location near various amenities offers convenience for daily living. Condição: A propriedade está bem conservada, apesar de apresentar uma mistura de elementos datados e funcionais.
The valuation. The asking price of €169,000 sits significantly above the fair value of €47,004, indicating that the property is overpriced by €121,996, or 72.2%. Buy-to-flip angle. The resale strategy involves renovating the apartment to enhance its value before listing, targeting buyers seeking updated features in a mixed neighborhood. Buy-to-let angle. The rental income strategy anticipates generating approximately €859 per month, yielding a gross yield of 6.1%, leveraging the rural context to attract long-term tenants seeking affordable housing options.
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 €52,164 (€966/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. Full condition report →
Neighbourhood score 48/100 (Housing Market 45 · Amenities 45 · Economic 40 · Tenant Quality 60). Softer demand indicators apply a discount to baseline. Full location report →
Almeirim, Almeirim, Santarém
Area baseline €52,164 + 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.
Long-term rental The property in Almeirim, priced at €169,000, is significantly above the fair value estimated at €47,004, creating a staggering 72.2% gap. Despite a 6.1% gross yield that may indicate potential rental income, the substantial overpricing undermines the attractiveness of this long-term investment. Agricultural investment While the rural setting of this Almeirim apartment suggests potential for agricultural investment, the current listing price of €169,000 far exceeds the fair value of €47,004, indicating the property is overpriced by 72.2%. The noted condition score of 64/100 implies it may require renovation, further detracting from its investment viability despite the area's overall rural appeal.
Economic Instability Risk With an economic stability score of 40/100, there is a significant risk of fluctuating market conditions that could negatively impact rental income and property value.
