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, 3-bathroom mix_use_building of 500 m². Located on rua de Santa Iria, Vila Real parish, Vila Real municipality, Vila Real district. Noteworthy Features: The property boasts a rare 140 m² courtyard with a fountain and well, complemented by a 42 m² annex suitable for various uses. Investment Potential: The existing commercial lease provides immediate rental income of 500 EUR/month, supporting financial feasibility during renovations.
The valuation. The asking price of €425,000 is significantly above the fair value of €149,868, making it overpriced by €275,132, or 64.7%. This valuation suggests that the property does not represent a sound investment at its current price.
Fair value modelled at €149,868 from the area baseline, adjusted for condition and location. Asking €425,000 sits €275,132 (64.7%) above — overpriced versus fair value.
Asking €425,000 versus the rua de Santa Iria area baseline of €516,500 (€1,033/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 29/100 (Condition 25 · Materials 30 · Room dimensions 35). Below-median condition lowers fair value versus a renovated baseline unit. Full condition report →
Neighbourhood score 48/100 (Housing Market 35 · Amenities 50 · Economic 40 · Tenant Quality 60). Softer demand indicators apply a discount to baseline. Full location report →
rua de Santa Iria
Area baseline €516,500 + condition -€362,500 + location -€4,132 = modelled fair value of €149,868 (€300/m²), a €275,132 (64.7%) gap versus the €425,000 asking price.
Long-term rental This property does not present an attractive opportunity for long-term rental, given its significant gap to fair value of 64.7% and a gross yield of 0%. Additionally, the condition rating of 29/100 raises concerns about necessary investments to make the property appealing to tenants. Buy-and-hold Investing in this property as a buy-and-hold strategy is unwise due to its significant overpricing and lack of potential for yield generation. With a fair value of only €149,868, the expected return on investment is severely compromised, making this a high-risk choice for future appreciation. Family rental This building is not suited for family rental as it is overpriced and lacks the compelling amenities that families typically seek. The poor condition rating of 29/100, combined with limited local school resources, diminishes its attractiveness to families looking for a rental home in the area.
Tenant turnover risk High tenant turnover is likely due to a tenant stability score of 60/100, potentially impacting consistent rental income and property management costs due to a lower economic stability score of 40/100.
