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.
2-bedroom, 1-bathroom apartment of 101 m², built in 1996, energy rating E. Located Gafanha da Nazaré parish, Ílhavo municipality, Aveiro district. Noteworthy Features: The apartment includes a fireplace in the living room and boasts easy balcony access from both bedrooms, enhancing outdoor connectivity and comfort. Condition: Overall presentation is basic and requires updates.
The valuation. The asking price of €180,000 is significantly above the fair value of €53,767, creating a difference of €126,233 (70.1%). This valuation indicates that the property is overpriced.
Fair value modelled at €53,767 from the area baseline, adjusted for condition and location. Asking €180,000 sits €126,233 (70.1%) above — overpriced versus fair value.
Asking €180,000 versus the Gafanha da Nazaré, Ílhavo, Aveiro area baseline of €92,112 (€912/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 47/100 (Condition 50 · Materials 45 · Room dimensions 50). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 65/100 (Housing Market 70 · Amenities 60 · Economic 65 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Gafanha da Nazaré, Ílhavo, Aveiro
Area baseline €92,112 + condition -€43,872 + location +€5,527 = modelled fair value of €53,767 (€532/m²), a €126,233 (70.1%) gap versus the €180,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Gafanha da Nazaré · fad83a | Subject | €180,000 | €1,782 | — | 50 | 65 |
| rua Dom Manuel Trindade Salgueiro | Active | €140,000 | €1,687 | 5.4% | 63 | 69 |
| rua de João Afonso de Aveiro, 21 | Active | €2,150,000 | €3,746 | 110.2% | — | 66 |
| rua Sacadura Cabral, 297 | Active | €475,000 | €1,963 | 10.1% | 45 | 66 |
| rua Luís de Camões | Active | €250,000 | €1,582 | 11.2% | 20 | 72 |
| Median comp | €362,500 | €1,825 | 2.4% | 45 | 68 |
Long-term rental The property presents a significant gap of 70.1% versus its fair value, indicating it is overpriced for long-term rental investment. With a gross yield of 5.1% and a condition rating of 47/100, the investment may struggle to attract reliable long-term tenants. Family rental Given the property’s 70.1% gap from fair value, the investment is not well-positioned for family rental opportunities. The neighborhood score of 65/100 suggests some potential, but the property's condition detracts from its attractiveness to families. Buy-and-hold The considerable 70.1% markup over fair value suggests that holding this property as a long-term asset could result in poor returns. The combination of a low condition score and moderate neighborhood appeal limits its viability as a buy-and-hold investment strategy.
Economic and Tenant Instability Risk The property may face challenges due to its economic stability score of 65 and a tenant stability score of 65, indicating potential fluctuations in rental income and higher vacancy rates.
