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, 1-bathroom mix_use_building of 530 m², built in 1937, energy rating F. Located on rua da Igreja, 48, Escariz parish, Arouca municipality, Aveiro district. Noteworthy Features: This property is one of the oldest residential buildings in Escariz, highlighting its historical relevance with granite stone masonry details on its facade, exempting it from modern usage licensing requirements.
The valuation. The asking price of €185,000 is significantly above the fair value of €90,565, representing a 51% premium. Thus, this property is overpriced and does not represent a sound investment opportunity.
Fair value modelled at €90,565 from the area baseline, adjusted for condition and location. Asking €185,000 sits €94,435 (51.0%) above — overpriced versus fair value.
Asking €185,000 versus the rua da Igreja, 48 area baseline of €567,100 (€1,070/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 25/100 (Condition 20 · Materials 30 · Room dimensions 30). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 61/100 (Housing Market 60 · Amenities 55 · Economic 65 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua da Igreja, 48
Area baseline €567,100 + condition -€414,063 + location +€21,268 = modelled fair value of €90,565 (€171/m²), a €94,435 (51.0%) gap versus the €185,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Igreja, 48 | Subject | €185,000 | €349 | — | 20 | 61 |
| rua da Igreja | Active | €165,000 | €421 | 20.6% | 20 | 57 |
| São João da Madeira · 8d9fbc | Active | €250,000 | €794 | 127.4% | 20 | 58 |
| Oliveira de Azeméis, Santiago de Riba-Ul, Ul, Macinhata da Seixa e Madail · 52306e | Active | €306,500 | €286 | 17.9% | — | 66 |
| rua Central do Olival | Active | €159,500 | €196 | 43.9% | 15 | 69 |
| Median comp | €207,500 | €354 | 1.3% | 20 | 62 |
Long-term rental This property, priced at €185,000, exceeds its fair value of €90,565, indicating that it's overpriced by 51.0%. With a current yield of 0% and a low condition score of 25/100, it is unlikely to deliver satisfactory returns for long-term rental investors. Buy-and-hold Investing in this property as a buy-and-hold strategy is not recommended due to its significant overpricing and poor condition, making it less appealing in the long run. The lack of yield at 0% further diminishes its attractiveness for investors looking to generate passive income. Family rental Although family rentals could benefit from the suburban amenities in the area, the property is overpriced at €185,000 compared to its fair value of €90,565, leaving little room for profitability. Additionally, the low condition score of 25/100 suggests that significant rehabilitation would be necessary, further complicating the investment. Not ideal for: The property is not suitable for short-term vacation rentals, the luxury market, or student housing due to its overvaluation and inadequate condition.
Economic and Tenant Stability Risk Both the economic stability and tenant stability scores are 65/100, indicating a moderate risk of inconsistent rental income due to potential fluctuations in tenant turnover and local economic conditions.
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