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.
0-bedroom, 3-bathroom mix_use_building of 191 m², built in 1940, energy rating E. Located on largo do Pelourinho, Coruche, Fajarda e Erra parish, Coruche municipality, Santarém district. Noteworthy Features: The building's 2016 restoration integrated energy-efficient systems in one commercial unit, improving its energy rating to B-, enhancing long-term income potential.
The valuation. The asking price of €350,000 sits €177,392 (50.7%) higher than the fair value of €172,608, indicating that the property is overpriced. This significant discrepancy makes it a less attractive investment opportunity.
Fair value modelled at €172,608 from the area baseline, adjusted for condition and location. Asking €350,000 sits €177,392 (50.7%) above — overpriced versus fair value.
Asking €350,000 versus the largo do Pelourinho area baseline of €199,786 (€1,046/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 (Condition 73 · Materials 70 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit. Full condition report →
Neighbourhood score 44/100 (Housing Market 40 · Amenities 45 · Economic 35 · Tenant Quality 56). Softer demand indicators apply a discount to baseline. Full location report →
largo do Pelourinho
Area baseline €199,786 + condition -€22,383 + location -€4,795 = modelled fair value of €172,608 (€904/m²), a €177,392 (50.7%) gap versus the €350,000 asking price.
Long-term rental The property is overpriced at €350,000, significantly exceeding its fair value of €172,608, with a gap of 50.7%. Given the 0% gross yield and the limited amenities in the neighbourhood, investing in long-term rental prospects does not seem viable. Value-add renovation With the property's current condition rated at 68/100 and an evident lack of urbanization in the area, the costs associated with renovation combined with the 50.7% overpricing suggest that a value-add approach would not yield favorable returns. As it stands, the significant overvaluation renders it a poor candidate for value-add renovation strategies. Family rental This property, overpriced by 50.7% compared to its fair value, is less suited for family rental due to its remote location with limited job opportunities and amenities. The inefficiencies in yield and the neighbourhood rating of 44/100 further hinder its attractiveness for family rental investments.
Economic Vulnerability With an economic stability score of 35/100, there is a significant risk of economic downturns impacting rental income and property value.
