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, 2-bathroom house of 160 m², energy rating F. Located Minde parish, Alcanena municipality, Santarém district. This property offers a unique opportunity for investors with its eligibility for escritura under Urban Simplex, allowing for an expedited purchasing process not commonly found in the area.
The valuation. The property is currently listed at €135,000, which represents a significant premium of €42,335 (31.4%) over its fair value of €92,665. This suggests that the home is overpriced in the current market context.
Fair value modelled at €92,665 from the area baseline, adjusted for condition and location. Asking €135,000 sits €42,335 (31.4%) above — overpriced versus fair value.
Asking €135,000 versus the Minde, Alcanena, Santarém area baseline of €131,200 (€820/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 50/100 (Condition 45 · Materials 50 · Room dimensions 55). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 53/100 (Housing Market 50 · Amenities 60 · Economic 45 · Tenant Quality 55). Strong amenities and housing-market momentum support a premium to baseline.
Minde, Alcanena, Santarém
Area baseline €131,200 + condition -€63,750 + location +€1,855 = modelled fair value of €92,665 (€579/m²), a €42,335 (31.4%) gap versus the €135,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Minde · f882e9 | Subject | €135,000 | €844 | — | 45 | 53 |
| Fátima · 423e49 | Active | €125,000 | €1,025 | 21.4% | — | 44 |
| Minde · d053af | Active | €145,000 | €1,043 | 23.6% | — | 49 |
| São Mamede · 8bef14 | Active | €132,000 | €407 | 51.7% | 18 | 52 |
| São Mamede · 6c08a3 | Active | €175,000 | €1,207 | 43.0% | 68 | 46 |
| Median comp | €138,500 | €1,034 | 22.5% | 43 | 48 |
Long-term rental The property in Minde, Alcanena is currently overpriced at €135,000, significantly exceeding its fair value of €92,665, which results in a 31.4% gap. This pricing structure, combined with a modest gross yield of 5.8% and average condition ratings, could limit its appeal to long-term renters seeking affordable housing. Family rental Despite having potential for family rental, the property's current asking price reflects an overpriced valuation at €135,000, compared to a fair value of €92,665. Families may be wary of committing to a rental that does not meet financial expectations, particularly given the condition and neighborhood ratings of 50/100 and 53/100, respectively. Buy-and-hold This buy-and-hold investment strategy is undermined by the property's status as overpriced, listed at €135,000 against a fair value of €92,665, revealing a significant valuation gap. Investors may find that the anticipated returns do not justify the initial investment due to the lower yield and average local conditions.
Economic and Tenant Instability Risk The property faces a significant risk due to low economic stability at 45/100 and tenant stability at 55/100, indicating potential challenges in maintaining steady cash flow and occupancy rates.
