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, 0-bathroom mix_use_building of 108 m². Located Tomar (São João Baptista) e Santa Maria dos Olivais parish, Tomar municipality, Santarém district. Noteworthy Features: This historical property is situated in a busy street, featuring a commercial ground floor with operational air conditioning, restroom, and alarm system, enhancing its potential for business. Condition Notes: Significant wear, extensive maintenance required.
The valuation. The asking price of €200,000 significantly exceeds the fair value of €24,314 by €175,686, making this property overpriced by 87.8%. This considerable discrepancy suggests that it may not be a savvy investment choice at the current price.
Fair value modelled at €24,314 from the area baseline, adjusted for condition and location. Asking €200,000 sits €175,686 (87.8%) above — overpriced versus fair value.
Asking €200,000 versus the Tomar (São João Baptista) e Santa Maria dos Olivais, Tomar, Santarém area baseline of €112,968 (€1,046/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 23/100 (Condition 20 · Materials 25 · Room dimensions 30). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 48/100 (Housing Market 50 · Amenities 40 · Economic 45 · Tenant Quality 50). Softer demand indicators apply a discount to baseline.
Tomar (São João Baptista) e Santa Maria dos Olivais, Tomar, Santarém
Area baseline €112,968 + condition -€87,750 + location -€904 = modelled fair value of €24,314 (€225/m²), a €175,686 (87.8%) gap versus the €200,000 asking price.
Buy-and-hold The property, listed at €200,000, is significantly overpriced compared to its fair value of €24,314, indicating an 87.8% gap which limits potential returns. Additionally, with a condition score of 23/100 and a neighbourhood rating of 48/100, long-term appreciation is unlikely given the rural context and low demand. Long-term rental Given its gross yield of 0% and high overvaluation, the building does not present a viable opportunity for long-term rental income. The current condition rating of 23/100 suggests substantial investment would be required to make the property habitable and attractive to potential tenants. Family rental The building is not suitable for family rental due to its poor condition and excessive price, making it hard to justify the required rent. Given the area's rural characteristics and previously highlighted low neighbourhood rating, finding reliable long-term tenants would likely be very challenging.
Economic Instability Risk: With an economic stability score of 45/100, the property may face challenges in consistent rental income due to potential economic downturns affecting tenant retention and payment reliability.
