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 315 m², built in 1936. Located São João da Madeira parish, São João da Madeira municipality, Aveiro district. Noteworthy Features: The property includes a former shoe manufacturing warehouse at the back, offering potential for conversion into multiple residential units, significantly enhancing its redevelopment appeal.
The valuation. The asking price of €250,000 sits above the fair value of €235,723, reflecting an overpricing of €14,277 (5.7%). This suggests that potential investors should approach this listing with caution, considering the current valuation.
Fair value modelled at €235,723 from the area baseline, adjusted for condition and location. Asking €250,000 sits €14,277 (5.7%) above — overpriced versus fair value.
Asking €250,000 versus the São João da Madeira, São João da Madeira, Aveiro area baseline of €478,800 (€1,520/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 23/100 (Condition 20 · Materials 25 · Room dimensions 20). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 58/100 (Housing Market 60 · Amenities 55 · Economic 55 · Tenant Quality 55). Strong amenities and housing-market momentum support a premium to baseline.
São João da Madeira, São João da Madeira, Aveiro
Area baseline €478,800 + condition -€258,398 + location +€15,322 = modelled fair value of €235,723 (€748/m²), a €14,277 (5.7%) gap versus the €250,000 asking price.
Long-term rental The property is overpriced at €250,000 compared to a fair value of €235,723, indicating a gap of 5.7%. With a yield of 0% gross and a condition rating of 23/100, it is unlikely to attract reliable long-term tenants. Family rental The investment is overpriced, significantly limiting its appeal for family rental purposes in a suburban area with a neighborhood quality rating of 58/100. Due to its low condition rating and absence of rental yield, it may not meet the needs of families seeking comfortable living spaces. Not ideal for The property does not fit the luxury market, given its low condition score and lack of rental yield. In addition, the characteristics fall short for a successful short-term rental strategy, further affirming its overall overpriced status.
Economic and Tenant Instability The property faces a risk due to its low economic stability score of 55 and tenant stability score of 55, indicating potential difficulties in attracting and retaining reliable tenants.