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 262 m², energy rating A. Located on rua do Açoreano Oriental, 15, São Sebastião parish, Ponta Delgada municipality. Notable Features: This building includes a fully equipped commercial space on the ground floor, versatile for various business types, enhancing its income-generating potential in a prime tourist area.
The valuation. The asking price of €1,200,000 is significantly above the fair value of €272,266, indicating the property is overpriced by €927,734 (77.3%). This discrepancy highlights a lack of alignment between market perception and intrinsic property value.
Fair value modelled at €272,266 from the area baseline, adjusted for condition and location. Asking €1,200,000 sits €927,734 (77.3%) above — overpriced versus fair value.
Asking €1,200,000 versus the rua do Açoreano Oriental, 15 area baseline of €253,092 (€966/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 75 · Materials 80 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 56/100 (Housing Market 55 · Amenities 55 · Economic 45 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
rua do Açoreano Oriental, 15
Area baseline €253,092 + condition +€13,100 + location +€6,074 = modelled fair value of €272,266 (€1,039/m²), a €927,734 (77.3%) gap versus the €1,200,000 asking price.
Long-term rental This investment strategy is not advisable as the property is overpriced by 77.3%, which significantly exceeds its fair value of €272,266. Given the limited economic diversity and challenges within the local rental market, the potential returns are not compelling for long-term commitment. Value-add renovation Engaging in value-add renovations would be unwise for a property priced at €1,200,000, far above its fair value. With a current yield of 0% and a condition rating of 78/100, the expected returns do not justify the elevated initial investment costs. Short-term vacation rental Given its current pricing, venturing into the short-term vacation rental market is not a sound investment choice, as the property is overpriced by 77.3%. While tourism does influence demand, the property’s financial metrics do not support the potential profitability sought in this strategy.
Economic Volatility Risk The economic stability score of 45/100 indicates a potential for significant fluctuations in the local economy, which may impact rental income and property value.