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, 1-bathroom mix_use_building of 118 m², energy rating F. Located Carreço parish, Viana do Castelo municipality, Viana do Castelo district. Noteworthy Features: This property includes a sea view and great solar exposure, maximizing natural light and providing a serene setting for future customization. Distinctive Elements: The mix-use allowance allows for various redevelopment options, enhancing potential value.
The valuation. The asking price of €145,000 is 114.6% above the fair value of €-21,240, indicating that the property is overpriced. Buyers should approach this listing with caution given its inflated asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Carreço · 5230a8 | Subject | €145,000 | €1,229 | — | — | 46 |
| rua Nossa Senhora de Monserrate | Active | €700,000 | €741 | 39.7% | — | 49 |
| rua Grande | Active | €282,000 | €1,699 | 38.2% | 70 | 53 |
| Viana do Castelo (Santa Maria Maior e Monserrate) e Meadela · c1f11e | Active | €282,000 | €1,699 | 38.2% | 72 | 59 |
| rua Direita | Active | €540,000 | €1,452 | 18.1% | 55 | 48 |
| Median comp | €411,000 | €1,576 | 28.2% | 70 | 51 |
Long-term rental This property, with a gap of 114.6% from its fair value of €-21,240, demonstrates that it is overpriced and offers a gross yield of 0%. The low neighbourhood score of 46/100 indicates limited demand for long-term rental opportunities in this rural area of Carreço, Viana do Castelo. Buy-and-hold The significant overvaluation of this mixed-use building suggests that it will not provide a solid return on investment for a buy-and-hold strategy, given its fair value discrepancy. Additionally, the property's condition rating of 0/100 and its rural location may further hinder its long-term appreciation potential. Not ideal for: Luxury market, Student housing.
Economic Vulnerability Given the low economic stability score of 40/100, there is a heightened risk of economic downturns negatively affecting the property's cash flow and value retention.
