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 166 m², built in 1971, energy rating D. Located Castelo Branco parish, Castelo Branco municipality, Castelo Branco district. Notable features: This apartment includes charming wooden accents and a unique vintage aesthetic, providing character that is rare in contemporary designs. Condition remarks: Some fixtures show noticeable wear, suggesting a need for modernization.**
The valuation. The asking price of €176,500 is significantly higher than the fair value of €144,988, exposing an overvaluation of €31,512 (17.9%). This indicates that the property is overpriced based on current market conditions.
Fair value modelled at €144,988 from the area baseline, adjusted for condition and location. Asking €176,500 sits €31,512 (17.9%) above — overpriced versus fair value.
Asking €176,500 versus the Castelo Branco, Castelo Branco, Castelo Branco area baseline of €177,786 (€1,071/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 64/100 (Condition 63 · Materials 67 · Room dimensions 64). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 44/100 (Housing Market 40 · Amenities 38 · Economic 35 · Tenant Quality 45). Softer demand indicators apply a discount to baseline.
Castelo Branco, Castelo Branco, Castelo Branco
Area baseline €177,786 + condition -€28,531 + location -€4,267 = modelled fair value of €144,988 (€873/m²), a €31,512 (17.9%) gap versus the €176,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Castelo Branco · 897e5a | Subject | €176,500 | €1,063 | — | 63 | 44 |
| Fundão, Valverde, Donas, Aldeia de Joanes e Aldeia Nova do Cabo · 1e9148 | Active | €105,000 | €827 | 22.2% | 39 | 43 |
| rua da Fonte Nova, 1B | Active | €159,900 | €1,428 | 34.3% | 60 | 46 |
| Castelo Branco · 1d23aa | Active | €160,000 | €1,429 | 34.4% | 53 | 45 |
| Covilhã e Canhoso · 423e3d | Active | €150,000 | €1,095 | 3.0% | 65 | 51 |
| Median comp | €154,950 | €1,262 | 18.6% | 57 | 46 |
Long-term rental This property, listed at €176,500, is overpriced by 17.9% when compared to its fair value of €144,988, making it a less attractive option for long-term rental investments. With a gross yield of only 6.2% and a neighbourhood score of 44/100, the potential for consistent rental income may not justify the higher purchase price given the local economic conditions. Buy-and-hold The current listing price of €176,500 suggests that the property is overpriced by 17.9%, with a fair value estimated at €144,988, which diminishes its attractiveness for a buy-and-hold strategy. Additionally, the property's condition rating of 64/100, coupled with its rural location, implies that the appreciation potential may not be sufficient to offset the overvaluation.
Economic Vulnerability The low economic stability score of 35/100 suggests a heightened risk of downturns that could adversely affect rental income.