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 123 m², energy rating D. Located União das Freguesias da Cidade de Santarém parish, Santarém municipality, Santarém district. Noteworthy Features: The property includes a garage with conversion potential and an upper floor terrace that can be enclosed for additional living space, enhancing its versatility.
The valuation. The asking price of €295,000 sits significantly above the fair value of €177,461, with a difference of €117,539, or 39.8%. This property is deemed overpriced based on its current evaluation and market comparison.
Fair value modelled at €177,461 from the area baseline, adjusted for condition and location. Asking €295,000 sits €117,539 (39.8%) above — overpriced versus fair value.
Asking €295,000 versus the União das Freguesias da Cidade de Santarém, Santarém, Santarém area baseline of €198,030 (€1,610/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 61/100 (Condition 62 · Materials 60 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 58/100 (Housing Market 50 · Amenities 40 · Economic 45 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
União das Freguesias da Cidade de Santarém, Santarém, Santarém
Area baseline €198,030 + condition -€26,906 + location +€6,337 = modelled fair value of €177,461 (€1,443/m²), a €117,539 (39.8%) gap versus the €295,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| União das Freguesias da Cidade de Santarém · d053b2 | Subject | €295,000 | €2,398 | — | 62 | 58 |
| União das Freguesias da Cidade de Santarém · fad834 | Active | €180,000 | €1,200 | 50.0% | — | 51 |
| rua Pedro Canavarro S / N | Active | €550,000 | €598 | 75.0% | 38 | 45 |
| largo do Seminário | Active | €497,000 | €326 | 86.4% | 20 | 50 |
| rua 31 de Janeiro, 14 | Active | €298,000 | €1,000 | 58.3% | — | 56 |
| Median comp | €397,500 | €799 | 66.7% | 29 | 51 |
Long-term rental The property is overpriced by 39.8%, which diminishes its attractiveness for long-term rental strategies. With a gross yield of 5.1%, potential returns are limited given the property's high valuation relative to its fair market value. Value-add renovation The significant gap of 39.8% from fair value indicates that this property may not provide a strong return on investment through renovation. While improvements could enhance the overall condition, the current asking price renders the project less appealing from a financial perspective. Family rental This property, priced at €295,000, is overpriced relative to its fair value, making it a challenging option for families seeking rental accommodations. Although it has a decent gross yield of 5.1%, the high entry price limits its viability as a family rental. Not ideal for short-term vacation rental, luxury market, student housing.
Low Economic Resilience With an economic stability score of 45/100, there is a significant risk of declining market conditions affecting property value and tenant retention.
