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, 7-bathroom mix_use_building of 420 m², energy rating B. Located on rua Santo António, Albergaria-a-Velha e Valmaior parish, Albergaria-a-Velha municipality, Aveiro district. Noteworthy Features: This iconic building, founded in 1818, has been fully rehabilitated to offer a blend of historical charm and modern amenities, including private parking and accessibility for reduced mobility.
The valuation. The asking price of €510,000 sits significantly above the fair value of €385,017, reflecting an overprice of €124,983 (24.5%). This indicates that the property does not present a financially sound investment opportunity at the current listing.
Fair value modelled at €385,017 from the area baseline, adjusted for condition and location. Asking €510,000 sits €124,983 (24.5%) above — overpriced versus fair value.
Asking €510,000 versus the rua Santo António area baseline of €671,580 (€1,599/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 (Condition 74 · Materials 76 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 59/100 (Housing Market 50 · Amenities 60 · Economic 60 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
rua Santo António
Area baseline €671,580 + condition -€11,812 + location +€13,789 = modelled fair value of €385,017 (€917/m²), a €124,983 (24.5%) gap versus the €510,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Santo António | Subject | €510,000 | €1,214 | — | 74 | 59 |
| Glória e Vera Cruz · 52302a | Active | €0 | €0 | 100.0% | 40 | 56 |
| Glória e Vera Cruz · 52302e | Active | €4,500,000 | €1,070 | 11.8% | 60 | 61 |
| rua de José Rabumba, 25 | Active | €1,450,000 | €6,277 | 416.9% | 78 | 74 |
| rua Lugar | Active | €280,000 | €1,148 | 5.5% | — | 69 |
| Median comp | €865,000 | €1,109 | 8.7% | 60 | 65 |
Long-term rental The property appears overpriced at €510,000, significantly exceeding the fair value of €385,017, which raises concerns about long-term rental viability. Given the stagnant yield of 0% gross and a neighbourhood quality rating of 59/100, securing reliable tenants could prove challenging. Buy-and-hold Investing in this property as a buy-and-hold strategy is difficult to justify due to its current price point, which is 24.5% above the fair value. The combination of a low condition score of 73/100 and a lack of income generation suggests limited appreciation potential over time. Value-add renovation While value-add opportunities may exist, the property remains overpriced, diminishing the likelihood of achieving a return on renovation investment at its current listing price. The existing condition score of 73/100 implies that substantial investment is needed, yet with a fair value of only €385,017, the high entry cost complicates this strategy significantly.
Economic and Tenant Instability The combined scores of 60/100 for both economic and tenant stability suggest a heightened risk of tenant turnover and potential loss of rental income due to unfavorable market conditions.
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