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.
3-bedroom, 2-bathroom house of 301 m², energy rating F. Located on rua da Bouça, 39, Merelim (São Paio), Panóias e Parada de Tibães parish, Braga municipality, Braga district. Noteworthy Features: This property includes a pantry for extra storage and offers two separate living rooms, enhancing versatility for family dynamics or entertaining guests.
The valuation. The asking price of €150,000 sits significantly below the fair value of €497,552, indicating the property is underpriced by €347,552 (231.7%). This presents an opportunity for investors seeking value in the market.
Fair value modelled at €497,552 from the area baseline, adjusted for condition and location. Asking €150,000 sits €347,552 (231.7%) below — the upside to fair value.
Asking €150,000 versus the rua da Bouça, 39 area baseline of €618,254 (€2,054/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 43/100 (Condition 40 · Materials 45 · Room dimensions 50). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 63/100 (Housing Market 60 · Amenities 60 · Economic 70 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
rua da Bouça, 39
Area baseline €618,254 + condition -€152,852 + location +€32,149 = modelled fair value of €497,552 (€1,653/m²), a €347,552 (231.7%) gap versus the €150,000 asking price.
Long-term rental The property in Merelim is significantly underpriced with a fair value gap of 231.7%, positioning it as an attractive option for long-term rental income. With a gross yield of 12.8% and stable demand in the region near Braga, this investment can generate consistent cash flow. Family rental Given the suburban setting and good amenities, this 3-bed house is well-suited for family rental, catering to tenants looking for spacious accommodations away from the city center. The property’s price relative to its fair value presents an excellent opportunity for steady rental income in a family-oriented neighborhood. Not ideal for luxury market This property does not align with the luxury market due to its condition rating of 43/100, which suggests the need for renovations. While it has potential for significant appreciation, its current state limits its appeal to high-end clientele. Not ideal for short-term rental The residence’s condition and lower overall neighborhood rating indicate it is not well-suited for short-term rental strategies, which typically favor properties in top condition and prime locations. Potential operators may find better opportunities in areas with higher tourist traffic and more attractive amenities.
Tenant turnover risk With a tenant stability score of 60/100, there is a heightened risk of frequent tenant turnover, potentially leading to increased vacancy rates and associated costs.
