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 98 m², built in 1951, energy rating F. Located on rua Alexandre Herculano, São Pedro, Lapas e Ribeira Branca parish, Torres Novas municipality, Santarém district. This property features a historic wine cellar with a spring water well, adding a unique charm and potential for creative redevelopment opportunities in the heart of Torres Novas.
The valuation. The asking price of €120,000 is significantly above the fair value of €39,010, marking an overpricing of €80,990 or 67.5%. This discrepancy indicates that the property is not a prudent investment at its current price.
Fair value modelled at €39,010 from the area baseline, adjusted for condition and location. Asking €120,000 sits €80,990 (67.5%) above — overpriced versus fair value.
Asking €120,000 versus the rua Alexandre Herculano area baseline of €102,508 (€1,046/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 34/100 (Condition 20 · Materials 35 · Room dimensions 50). Below-median condition lowers fair value versus a renovated baseline unit. Full condition report →
Neighbourhood score 49/100 (Housing Market 40 · Amenities 50 · Economic 40 · Tenant Quality 60). Softer demand indicators apply a discount to baseline. Full location report →
rua Alexandre Herculano
Area baseline €102,508 + condition -€63,088 + location -€410 = modelled fair value of €39,010 (€398/m²), a €80,990 (67.5%) gap versus the €120,000 asking price.
Long-term rental The property is overpriced at €120,000, with a fair value of only €39,010 representing a substantial gap of 67.5%. Given its low condition rating of 34/100 and an unsuitable yield of 0%, it is unlikely to generate steady income as a long-term rental. Value-add renovation The current high price point suggests the potential for value-add renovation is not justified, considering the property’s fair value is significantly lower. Investing in renovations would still leave the property overpriced relative to its true market potential, which diminishes the appeal of any potential upside.
[Economic Vulnerability] The economic stability score of 40 indicates a high risk of local market fluctuations, potentially affecting tenant retention and rent collection rates significantly.
