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, 0-bathroom mix_use_building of 450 m², built in 1951, energy rating B. Located on rua de Camões, Ílhavo parish, Ílhavo municipality, Aveiro district. Noteworthy Features: The property includes an approved architectural project for six contemporary units, optimizing the existing footprint for maximum rental yield in a historical zone with urban rehabilitation incentives.**
The valuation. The asking price of €390,000 is significantly above the fair value of €195,238, exceeding it by €194,762 (49.9%). This property is clearly overpriced based on the current market conditions.
Fair value modelled at €195,238 from the area baseline, adjusted for condition and location. Asking €390,000 sits €194,762 (49.9%) above — overpriced versus fair value.
Asking €390,000 versus the rua de Camões area baseline of €1,043,550 (€2,319/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 37/100 (Condition 30 · Materials 35 · Room dimensions 45). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 62/100 (Housing Market 65 · Amenities 60 · Economic 60 · Tenant Quality 63). Strong amenities and housing-market momentum support a premium to baseline.
rua de Camões
Area baseline €1,043,550 + condition -€270,703 + location +€21,341 = modelled fair value of €195,238 (€434/m²), a €194,762 (49.9%) gap versus the €390,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua de Camões | Subject | €390,000 | €867 | — | 30 | 62 |
| Requeixo, Nossa Senhora de Fátima e Nariz · c1f288 | Active | €299,000 | €1,582 | 82.5% | 60 | 63 |
| praça S Pedro, 22 | Active | €375,000 | €1,705 | 96.7% | 40 | 60 |
| Glória e Vera Cruz · 52302a | Active | €0 | €0 | 100.0% | 40 | 56 |
| rua de João Afonso de Aveiro, 21 | Active | €2,150,000 | €3,746 | 332.2% | — | 66 |
| Median comp | €337,000 | €1,644 | 89.6% | 40 | 62 |
Long-term rental The property is currently overpriced at €390,000, exceeding the fair value of €195,238 by 49.9%. With a gross yield of 0%, this investment doesn't align with typical long-term rental return expectations. Buy-and-hold Investing in this property for a buy-and-hold strategy is not advisable due to the significant price gap from its fair value. Additionally, the current condition rating of 37/100 suggests that substantial future investment would be necessary to maintain or enhance its value. Family rental While targeting a family rental tenant pool could be feasible, the high market price of €390,000 places it beyond reasonable affordability for families in the suburban area. Coupled with a mediocre neighborhood score of 62/100, the investment does not present a compelling case for family rental prospects.
Economic Revitalization Risk With an economic stability score of 60/100, there is a notable risk that economic conditions may not support sustained tenant demand, potentially affecting rental income stability.**
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