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, 2-bathroom mix_use_building of 166 m², energy rating F. Located on rua Grande, Viana do Castelo (Santa Maria Maior e Monserrate) e Meadela parish, Viana do Castelo municipality, Viana do Castelo district. Noteworthy Features: The ground floor commercial space ensures consistent rental income, while the duplex apartment's equipped kitchen and two bathrooms cater to modern living preferences.
The valuation. The asking price of €282,000 is above the fair value of €267,961, placing it at a 5.0% premium. Thus, the property is considered overpriced and may require negotiation to reach a more reasonable price.
Fair value modelled at €267,961 from the area baseline, adjusted for condition and location. Asking €282,000 sits €14,039 (5.0%) above — overpriced versus fair value.
Asking €282,000 versus the rua Grande area baseline of €320,380 (€1,930/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 (Condition 70 · Materials 72 · Room dimensions 68). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 53/100 (Housing Market 60 · Amenities 55 · Economic 50 · Tenant Quality 50). Strong amenities and housing-market momentum support a premium to baseline.
rua Grande
Area baseline €320,380 + condition -€14,266 + location +€3,347 = modelled fair value of €267,961 (€1,614/m²), a €14,039 (5.0%) gap versus the €282,000 asking price.
Long-term rental The property is not positioned to generate positive cash flow, given its 0% gross yield, making it unsuitable for long-term rental investments. Additionally, the limited urban development and nearby employment centers suggest a lack of tenant demand that would justify the current price. Value-add renovation Despite having a decent condition score of 70/100, the property is overpriced and would require significant capital investment to enhance its value. Renovating may not yield the expected returns, particularly in a neighbourhood that underperforms in terms of tenant quality and amenities. Short-term vacation rental The property’s lack of appeal in a non-metropolitan area with a neighbourhood rating of 53/100 makes it ill-suited for short-term vacation rentals, especially at the listing price. Without distinguishing features or attractions nearby, achieving occupancy at competitive rates will be challenging, reinforcing the view that it is overpriced.
Economic and Tenant Instability Risk: With both economic stability and tenant stability scores at 50/100, there's a significant risk that economic downturns could lead to higher vacancy rates and unstable rental income.**
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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