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, 3-bathroom house of 227 m², built in 2021, energy rating E. Located Salreu parish, Estarreja municipality, Aveiro district. The property features a cozy fireplace in the common areas, enhancing its charm and inviting atmosphere for family gatherings and social events.
The valuation. The asking price of €245,000 is significantly above the fair value of €186,695, resulting in an overpricing of €58,305 (23.8%). This indicates a concerning disparity that necessitates prudent evaluation before proceeding with any offers.
Fair value modelled at €186,695 from the area baseline, adjusted for condition and location. Asking €245,000 sits €58,305 (23.8%) above — overpriced versus fair value.
Asking €245,000 versus the Salreu, Estarreja, Aveiro area baseline of €207,024 (€912/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 (Condition 70 · Materials 65 · Room dimensions 75). Below-median condition lowers fair value versus a renovated baseline unit. Full condition report →
Neighbourhood score 64/100 (Housing Market 65 · Amenities 60 · Economic 65 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
Salreu, Estarreja, Aveiro
Area baseline €207,024 + condition -€31,922 + location +€11,593 = modelled fair value of €186,695 (€822/m²), a €58,305 (23.8%) gap versus the €245,000 asking price.
Long-term rental The 3-bed house in Salreu is priced at €245,000, which is 23.8% above the fair value of €186,695, indicating it is overpriced for a long-term rental strategy. With a gross yield of 6.4%, the property does not present a compelling investment opportunity when considering its inflated initial cost. Buy-and-hold Investing in this property for a buy-and-hold strategy is questionable, as its market price of €245,000 significantly exceeds the fair value of €186,695, signaling it is overpriced. Holding an asset at such a premium could lead to lower total returns over time compared to properties priced closer to their fair value. Value-add renovation While a value-add renovation strategy may typically enhance property value, this specific house is currently listed at €245,000, which is 23.8% above its fair value of €186,695, suggesting it is overpriced for this approach. The potential renovation costs could further compound the financial risk associated with acquiring an already inflated asset. Not ideal for: Luxury market, Short-term vacation rental This property is overvalued for entry into the luxury market, given its current price premium. Similarly, the overpricing also makes it a poor candidate for short-term vacation rentals, as potential returns may be hindered by its inflated purchase price.
Economic and Tenant Instability Risk: With both economic and tenant stability scores at 65/100, there is a risk of fluctuating demand and potential unoccupied periods, which can lead to inconsistent rental income streams.