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, 1-bathroom house of 70 m², energy rating E. Located Fazendas de Almeirim parish, Almeirim municipality, Santarém district. Versatile Outdoor Potential: The property’s expansive 500 m² lot allows for diverse landscaping options, including a vegetable garden or a family leisure area, enhancing its outdoor living possibilities.
The valuation. The asking price of €145,000 is significantly above the fair value of €42,722, representing an overvaluation of €102,278 (70.5%). This suggests the property is overpriced despite its basic finishes and functional fixtures.
Fair value modelled at €42,722 from the area baseline, adjusted for condition and location. Asking €145,000 sits €102,278 (70.5%) above — overpriced versus fair value.
Asking €145,000 versus the Fazendas de Almeirim, Almeirim, Santarém area baseline of €67,620 (€966/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 51/100 (Condition 53 · Materials 50 · Room dimensions 54). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 55/100 (Housing Market 45 · Amenities 55 · Economic 50 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Fazendas de Almeirim, Almeirim, Santarém
Area baseline €67,620 + condition -€26,250 + location +€1,352 = modelled fair value of €42,722 (€610/m²), a €102,278 (70.5%) gap versus the €145,000 asking price.
Long-term rental This property, with a fair value of €42,722, is overpriced at €145,000, leading to significant risk for long-term rental investors. The gross yield of 7.8% may seem attractive, but given the substantial gap from fair value, the potential returns do not justify the investment. Buy-and-hold The buy-and-hold strategy may not be effective here as the property is overpriced by 70.5% relative to its fair value. Investors should be cautious, as this high entry cost can hinder long-term capital appreciation and overall portfolio performance. Family rental While the gross yield is appealing, at €145,000, the property is priced significantly above its fair value, making it a risky family rental investment. The 51/100 condition rating and a mediocre neighbourhood score contribute to its diminished attractiveness for families seeking stable living environments.
Economic Volatility Risk With an economic stability score of 50/100, there is a significant risk that fluctuations in the local economy could lead to decreased demand for rental properties, affecting tenant occupancy and rental income.
