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, 4-bathroom mix_use_building of 356 m². Located on rua das Angústias, Horta (Angustias) parish, Horta municipality. Prime commercial unit on the ground floor provides reliable rental income from a well-known local business, while the upper duplex apartment features an exclusive polished wood attic for versatile use.
The valuation. The asking price of €575,000 sits €199,660 (34.7%) above the fair value of €375,340, signifying that the property is overpriced. This discrepancy raises concerns about potential investment returns. Buy-to-flip angle. A buy-to-flip strategy might not be favorable here due to the high purchase price and lack of immediate value-adding opportunities in the mixed-use area of Horta. Buy-to-let angle. The property’s gross yield is currently 0%, indicating no rental income potential at the asking price, which limits long-term buy-and-hold strategies in a mixed neighborhood.
Fair value modelled at €375,340 from the area baseline, adjusted for condition and location. Asking €575,000 sits €199,660 (34.7%) above — overpriced versus fair value.
Asking €575,000 versus the rua das Angústias area baseline of €360,984 (€1,014/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 75 · Materials 80 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx. Full condition report →
Neighbourhood score 48/100 (Housing Market 50 · Amenities 45 · Economic 40 · Tenant Quality 55). Softer demand indicators apply a discount to baseline. Full location report →
rua das Angústias
Area baseline €360,984 + condition +€17,244 + location -€2,888 = modelled fair value of €375,340 (€1,054/m²), a €199,660 (34.7%) gap versus the €575,000 asking price.
Long-term rental The property's asking price of €575,000 far exceeds its fair value of €375,340, indicating a significant overpricing of 34.7%. With a gross yield of 0% and a neighborhood score of 48/100, the long-term rental strategy would not be financially favorable in this market. Buy-and-hold Despite the potential for appreciation over time, the current price of €575,000 is substantially higher than the fair value of €375,340, resulting in a 34.7% premium that may not justify a buy-and-hold approach. The property's overall condition rated at 78/100 does not compensate for the lack of yield and the neighborhood's challenges, making it a risky investment for long-term holdings.
Economic Vulnerability The property has a low economic stability score of 40/100, suggesting a high risk of economic downturn affecting property values and rental income.