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.
4-bedroom, 1-bathroom house of 252 m², built in 1937, energy rating F. Located Maceda parish, Ovar municipality, Aveiro district. Noteworthy Features: This property offers a substantial 3,500 m² plot with multiple outbuildings and a well, presenting unique potential for development or rehabilitation. Investment Opportunity: Ideal for primary residence projects or rentals.
The valuation. The asking price of €280,000 sits significantly above the fair value of €85,585, indicating an overpriced property by €194,415 (69.4%). This valuation suggests difficulty in justifying the investment at these levels.
Fair value modelled at €85,585 from the area baseline, adjusted for condition and location. Asking €280,000 sits €194,415 (69.4%) above — overpriced versus fair value.
Asking €280,000 versus the Maceda, Ovar, Aveiro area baseline of €229,824 (€912/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 37/100 (Condition 34 · Materials 32 · Room dimensions 45). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 58/100 (Housing Market 60 · Amenities 55 · Economic 55 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Maceda, Ovar, Aveiro
Area baseline €229,824 + condition -€151,594 + location +€7,354 = modelled fair value of €85,585 (€340/m²), a €194,415 (69.4%) gap versus the €280,000 asking price.
Long-term rental Given the fair value of €85,585, the current listing price presents a substantial overpricing at a 69.4% gap. Despite a gross yield of 9%, the condition score of 37/100 suggests that long-term rental returns may be negatively impacted by higher maintenance costs. Buy-and-hold With a property currently listed at €280,000 and fair value assessed at €85,585, this property is significantly overpriced by 69.4%. Investing in a buy-and-hold strategy here could lead to poor appreciation prospects, particularly given the neighborhood's moderate score of 58/100. Family rental The property’s listing at €280,000 is 69.4% above its fair value of €85,585, making it a poor candidate for family rental investment. Additionally, the neighborhood's safety and amenity scores suggest limited appeal for families, further complicating rental prospects.
Economic Vulnerability The economic stability score of 55 indicates a higher risk of economic downturns affecting the property, which could negatively impact tenant retention and rental income.