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 313 m², built in 2015, energy rating B. Located on travessa da Pedreira S / N, Salvaterra de Magos e Foros de Salvaterra parish, Salvaterra de Magos municipality, Santarém district. Noteworthy Features: The property includes excellent parking accessibility right in front, enhancing convenience for both commercial and residential use, and boasts the potential for rooftop development to maximize outdoor space.
The valuation. The asking price of €440,000 exceeds the fair value by €48,566, positioning it at €488,566 (111.0% above fair). This property is considered overpriced, indicating a potential misalignment with market expectations.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| travessa da Pedreira S / N | Subject | €440,000 | €1,406 | — | — | 43 |
| rua Nova de São Paulo, 14 | Active | €204,900 | €2,091 | 48.7% | 74 | 58 |
| rua Engenheiro Moniz da Maia, 28 | Active | €399,000 | €2,157 | 53.4% | 70 | 51 |
| Samora Correia · 1d23ab | Active | €120,000 | €1,463 | 4.1% | 55 | 46 |
| rua Boavida Canada | Active | €429,000 | €2,750 | 95.6% | 72 | 46 |
| Median comp | €301,950 | €2,124 | 51.1% | 71 | 49 |
Long-term rental The property’s initial yield of 0% suggests that it is not generating any income currently, yet the high asking price of €440,000 is significantly above the fair value of €-48,566, indicating that the investment is overpriced. Moreover, with a neighbourhood quality rating of only 43/100, the long-term rental demand may be limited, further complicating the potential for profitability. Value-add renovation While a value-add renovation could theoretically enhance the property’s worth, the significant gap between the list price and fair value suggests that the initial investment is disproportionately high given the current poor condition rating of 0/100. Thus, the property remains overpriced at €440,000, making it a risky venture for renovation-driven appreciation in this rural context.
Low Economic and Tenant Stability Risk The property faces potential challenges due to a low economic stability score of 35/100 and a tenant stability score of 50/100, indicating reduced demand and increased turnover risks.
