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, 2-bathroom house of 196 m², energy rating F. Located Covilhã e Canhoso parish, Covilhã municipality, Castelo Branco district. This property features a strategic location, operating as a successful hostel with high foot traffic, perfect for immediate rental income and long-term investment potential.
The valuation. The asking price of €195,600 is significantly above the fair value of €118,203, resulting in an overvaluation of €77,397 (39.6%). This property is priced higher than its actual market worth.
Fair value modelled at €118,203 from the area baseline, adjusted for condition and location. Asking €195,600 sits €77,397 (39.6%) above — overpriced versus fair value.
Asking €195,600 versus the Covilhã e Canhoso, Covilhã, Castelo Branco area baseline of €136,416 (€696/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 (Condition 77 · Materials 68 · Room dimensions 74). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 43/100 (Housing Market 40 · Amenities 45 · Economic 35 · Tenant Quality 50). Softer demand indicators apply a discount to baseline.
Covilhã e Canhoso, Covilhã, Castelo Branco
Area baseline €136,416 + condition -€14,394 + location -€3,820 = modelled fair value of €118,203 (€603/m²), a €77,397 (39.6%) gap versus the €195,600 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Covilhã e Canhoso · 65ed97 | Subject | €195,600 | €998 | — | 77 | 43 |
| Fundão, Valverde, Donas, Aldeia de Joanes e Aldeia Nova do Cabo · b784d0 | Active | €125,000 | €1,563 | 56.6% | 60 | 42 |
| Covilhã e Canhoso · 423e3d | Active | €150,000 | €1,095 | 9.7% | 65 | 51 |
| Fundão, Valverde, Donas, Aldeia de Joanes e Aldeia Nova do Cabo · 1e9148 | Active | €105,000 | €827 | 17.2% | 39 | 43 |
| rua do Centro Paroquial | Active | €108,000 | €614 | 38.5% | — | 29 |
| Median comp | €116,500 | €961 | 3.7% | 60 | 43 |
Long-term rental This property, listed at €195,600, significantly exceeds its fair value of €118,203, indicating it is overpriced by 39.6%. With a gross yield of 5.8%, the long-term rental strategy may present a less attractive investment given the high purchase price relative to the expected cash flow. Family rental The listing price of €195,600 is well above the fair value of €118,203, making this property overpriced by 39.6%. The combination of a gross yield of 5.8% and a neighborhood rating of 43/100 suggests that the potential for attracting stable, long-term family tenants may be limited. Not ideal for short-term vacation rental The property’s price of €195,600 contrasts sharply with its fair value of €118,203, suggesting an overpricing of 39.6%. Furthermore, the neighborhood's amenities and tenant quality ratings highlight the challenges of positioning this property for short-term vacation rentals. Not ideal for student housing Selling at €195,600, which is significantly higher than the fair value of €118,203, this property is overpriced by 39.6%. The lack of favorable characteristics in both the neighborhood and property condition further detracts from its suitability for the student housing market. Not ideal for the luxury market With a listing price of €195,600 exceeding its fair value of €118,203 by 39.6%, this property is considered overpriced. Its modest condition and the neighborhood's low rating indicate that it may not appeal to buyers in the luxury market.
High Economic Risk The low economic stability score of 35/100 suggests potential challenges in the local economy that could negatively impact property values and rental demand.
