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 238 m², built in 1985, energy rating E. Located Carreço parish, Viana do Castelo municipality, Viana do Castelo district. Noteworthy Features: This property includes a garage and an office on the ground floor, complementing the functional layout and adding versatility to the living space.
The valuation. The asking price of €247,500 is significantly higher than the fair value of €171,094, exceeding it by €76,406 (30.9%). This property is clearly overpriced based on current market conditions. Buy-to-flip angle. A resale strategy could involve renovations to modernize dated features, potentially allowing for a profitable sell-off above the current asking price with an estimated added value. Buy-to-let angle. With an estimated gross yield of 5.6% at €1,155/month, this property could provide a solid long-term rental investment, appealing to families in the growing North Portugal area.
Fair value modelled at €171,094 from the area baseline, adjusted for condition and location. Asking €247,500 sits €76,406 (30.9%) above — overpriced versus fair value.
Asking €247,500 versus the Carreço, Viana do Castelo, Viana do Castelo area baseline of €239,904 (€1,008/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 53/100 (Condition 60 · Materials 55 · Room dimensions 50). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 62/100 (Housing Market 55 · Amenities 55 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Carreço, Viana do Castelo, Viana do Castelo
Area baseline €239,904 + condition -€80,325 + location +€11,515 = modelled fair value of €171,094 (€719/m²), a €76,406 (30.9%) gap versus the €247,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Carreço · 4280a0 | Subject | €247,500 | €1,040 | — | 60 | 62 |
| Carreço · 6c08b3 | Active | €247,500 | €1,040 | 0% | 50 | 58 |
| rua da Estrada Nacional | Active | €275,000 | €1,190 | 14.5% | — | 57 |
| rua do Souto | Active | €265,000 | €1,280 | 23.1% | 65 | 48 |
| Moledo e Cristelo · dc5d7d | Active | €380,000 | €1,267 | 21.8% | 60 | 49 |
| Median comp | €270,000 | €1,229 | 18.1% | 60 | 53 |
Long-term rental With a gross yield of 5.6%, the property in Carreço, Viana do Castelo appears to be overpriced at €247,500, given its fair value of €171,094. Investing in this long-term rental strategy may not be prudent, as the gap versus fair value is significant at 30.9%. Buy-and-hold The buy-and-hold strategy is not advisable for this property, as its listed price exceeds fair value by 30.9%, indicating it is overpriced at €247,500. The potential for appreciation in a growing area like Viana do Castelo must be weighed against the current valuation, which suggests a lack of immediate upside. Family rental While the property could serve as a family rental, its pricing at €247,500 is not justified by the fair value of €171,094, indicating it is overpriced. The disparity in valuation raises concerns about its attractiveness to potential long-term tenants in the neighborhood, making this strategy risky.
Economic Vulnerability The economic stability score of 65/100 indicates that the local economy may face challenges, which could affect tenant retention and rental income.
