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 372 m², energy rating D. Located União das Freguesias da Cidade de Santarém parish, Santarém municipality, Santarém district. Noteworthy Features: The property includes a private backyard with an outdoor dining space and barbecue, providing a unique leisure area amidst the urban setting of Santarém.
The valuation. The asking price of €650,000 is significantly above fair value, which sits at €513,476, making this property overpriced by €136,524 (21.0%).
Fair value modelled at €513,476 from the area baseline, adjusted for condition and location. Asking €650,000 sits €136,524 (21.0%) above — overpriced versus fair value.
Asking €650,000 versus the União das Freguesias da Cidade de Santarém, Santarém, Santarém area baseline of €598,920 (€1,610/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 60/100 (Condition 65 · Materials 58 · Room dimensions 64). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 50/100 (Housing Market 50 · Amenities 55 · Economic 45 · Tenant Quality 50). Strong amenities and housing-market momentum support a premium to baseline.
União das Freguesias da Cidade de Santarém, Santarém, Santarém
Area baseline €598,920 + condition -€85,444 + location +€0 = modelled fair value of €513,476 (€1,380/m²), a €136,524 (21.0%) gap versus the €650,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| União das Freguesias da Cidade de Santarém · 523071 | Subject | €650,000 | €1,747 | — | 65 | 50 |
| rua Luís de Camões S / N | Active | €280,000 | €936 | 46.4% | 72 | 48 |
| rua Pedro Canavarro S / N | Active | €550,000 | €598 | 65.7% | 38 | 45 |
| Ereira e Lapa · aff720 | Active | €602,000 | €508 | 70.9% | — | 48 |
| rua 31 de Janeiro, 14 | Active | €298,000 | €1,000 | 42.8% | — | 56 |
| Median comp | €424,000 | €767 | 56.1% | 55 | 48 |
Long-term rental This property is priced at €650,000, significantly above its fair value of €513,476, making it an unattractive option for long-term rental investments. With a gross yield of 0% and a neighbourhood rating of 50/100, the expected return on investment does not justify this price point. Value-add renovation Given the current price of €650,000, which exceeds its fair value by 21.0%, any potential for value-add renovation is limited. The property's condition rating of 60/100 suggests that substantial investment would be needed to make it appealing, which may not be feasible at this price. Family rental At a listing price of €650,000, the property is overpriced compared to the fair value of €513,476, putting it out of reach for many families seeking rental options. The low gross yield of 0% coupled with a mediocre neighbourhood score demonstrates that this property may not meet the needs of family renters effectively.
Economic Turbulence Risk Given the economic stability score of 45/100, there is a significant risk that fluctuating market conditions could adversely affect property values and rental income. Tenant Turnover Risk A tenant stability score of 50/100 suggests a moderate likelihood of high tenant turnover, which could lead to increased vacancy rates and decreased cash flow.
