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, 2-bathroom mix_use_building of 166 m², energy rating F. Located Viana do Castelo (Santa Maria Maior e Monserrate) e Meadela parish, Viana do Castelo municipality, Viana do Castelo district. Noteworthy Features: This property includes a commercial storefront, providing potential for rental income or business opportunities in a prime location near 'Estação Viana' Shopping Center.
The valuation. The asking price of €282,000 exceeds the fair value of €276,729 by €5,271, representing a 1.9% overvaluation. This means the property is priced higher than its actual worth. Buy-to-flip angle. A buy-to-flip strategy would require enhancements to the basic finishes. Upon completion, the property could be listed for resale to capitalize on potential market appreciation. Buy-to-let angle. With a gross yield of 0% and limited commercial appeal, the rental income potential appears diminished in this rural area, posing challenges for steady tenant attraction.
Fair value modelled at €276,729 from the area baseline, adjusted for condition and location. Asking €282,000 sits €5,271 (1.9%) above — overpriced versus fair value.
Asking €282,000 versus the Viana do Castelo (Santa Maria Maior e Monserrate) e Meadela, Viana do Castelo, Viana do Castelo area baseline of €320,380 (€1,930/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 (Condition 72 · Materials 68 · Room dimensions 73). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 59/100 (Housing Market 50 · Amenities 60 · Economic 55 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Viana do Castelo (Santa Maria Maior e Monserrate) e Meadela, Viana do Castelo, Viana do Castelo
Area baseline €320,380 + condition -€12,191 + location +€10,040 = modelled fair value of €276,729 (€1,667/m²), a €5,271 (1.9%) gap versus the €282,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Viana do Castelo (Santa Maria Maior e Monserrate) e Meadela · c1f11e | Subject | €282,000 | €1,699 | — | 72 | 59 |
| rua Nossa Senhora de Monserrate | Active | €700,000 | €741 | 56.4% | — | 49 |
| rua da Bandeira | Active | €140,000 | €2,258 | 32.9% | 75 | 46 |
| rua Manuel Alves | Active | €218,500 | €1,486 | 12.5% | — | 58 |
| rua da Bandeira | Active | €1,000,000 | €1,321 | 22.2% | — | 63 |
| Median comp | €459,250 | €1,404 | 17.4% | 75 | 54 |
Long-term rental The property's valuation at €282,000 presents a minimal gap of 1.9% against its fair value of €276,729, suggesting it is overpriced. Moreover, with a gross yield of 0% and a fair condition score of 70/100, the potential for rental income appears significantly limited in a less competitive rural area. Buy-and-hold Investing in this property as a long-term asset does not seem prudent given its current listing price exceeding the fair value. With a neighborhood score of only 59/100, reflecting limited economic and educational opportunities, the prospects for appreciation are further constrained, making it a less favorable choice for long-term investment.
Economic Vulnerability A score of 55/100 in economic stability indicates potential fluctuations in market conditions that could impact property value negatively. Tenancy Risk With a tenant stability score of 60/100, there's a moderate risk of tenant turnover and vacancy, affecting rental income predictability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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