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 apartment of 130 m² on the 1st floor, energy rating F. Located on rua José Nunes Alves S / N Sn, Albergaria-a-Velha e Valmaior parish, Albergaria-a-Velha municipality, Aveiro district. Noteworthy Features: The apartment includes two balconies, enhancing outdoor space and natural light, and has undergone recent upgrades with new plumbing and a fully reviewed electrical installation.
The valuation. The asking price of €195,000 significantly exceeds the fair value of €116,532, positioning the property as overpriced by €78,468 or 40.2%. This discrepancy suggests potential challenges achieving returns aligned with initial expectations.
Fair value modelled at €116,532 from the area baseline, adjusted for condition and location. Asking €195,000 sits €78,468 (40.2%) above — overpriced versus fair value.
Asking €195,000 versus the rua José Nunes Alves S / N Sn area baseline of €118,560 (€912/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 71/100 (Condition 75 · Materials 74 · Room dimensions 67). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 62/100 (Housing Market 60 · Amenities 65 · Economic 55 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua José Nunes Alves S / N Sn
Area baseline €118,560 + condition -€7,719 + location +€5,691 = modelled fair value of €116,532 (€896/m²), a €78,468 (40.2%) gap versus the €195,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua José Nunes Alves S / N Sn | Subject | €195,000 | €1,500 | — | 75 | 62 |
| Salreu · f882e0 | Active | €245,000 | €1,079 | 28.0% | 70 | 64 |
| travessa da Lomba | Active | €180,000 | €989 | 34.1% | 55 | 64 |
| São Bernardo · 8bef20 | Active | €350,000 | €1,094 | 27.1% | 62 | 69 |
| rua Lugar | Active | €280,000 | €1,148 | 23.5% | — | 69 |
| Median comp | €262,500 | €1,087 | 27.6% | 62 | 67 |
Long-term rental This property offers a gross yield of 7.6%, appealing for those looking to generate steady cash flow. However, with a fair value of €116,532 and a listing price significantly higher at €195,000, this investment remains overpriced, limiting potential returns. Buy-and-hold The property’s condition rating of 71/100 suggests it is livable, but the overpriced listing at €195,000 compared to the fair value indicates weak long-term appreciation potential. Thus, while the property may be suitable for holding, its price does not align with expected market growth. Value-add renovation Although renovating could improve the property and possibly increase its appeal, the existing gap of 40.2% from fair value indicates a buying price that does not justify the renovation investment. Consequently, any potential upside is overshadowed by the property being overpriced at its current listing. Not ideal for luxury market Given the apartment's mid-range standing within a secondary city like Aveiro, it does not align with luxury market expectations. The overpriced nature of this listing would likely deter affluent buyers looking for premium properties. Not ideal for student housing The 62/100 neighbourhood rating and the general market conditions suggest that this property may not perform well as a student rental. Since the property's price is above fair market value, it poses a higher risk for this demographic. Not ideal for short-term vacation rental The overall neighbourhood scores indicate that Albergaria-a-Velha is not a hotspot for vacation rentals, making this property less likely to succeed in that market. The listing price being above fair value compounds the risk of lower rental performance.
Economic vulnerability With an economic stability score of 55/100, there is a risk of economic downturns impacting tenant retention and rental income consistency.
