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, 4-bathroom mix_use_building of 3364 m², energy rating C. Located Minde parish, Alcanena municipality, Santarém district. Noteworthy Features: This property features extensive infrastructure for hospitality operations, including a professional kitchen and large banquet halls, suitable for hosting high-capacity events and weddings.
The valuation. The asking price of €1,850,000 is significantly below the fair value of €3,077,021, indicating the property is subvalued by €1,227,021 or 66.3%. This presents an attractive opportunity for prospective buyers. Buy-to-flip angle. With a reasonable investment in cosmetic updates and improvements, this property can be quickly resold. The goal would be to capitalize on the substantial original equity in a recovering rural market. Buy-to-let angle. Given its large size, the property could be converted into multiple rental units to capitalize on steady demand in the area. The potential for long-term leasing could yield significant returns despite the current 0% gross yield.
Fair value modelled at €3,077,021 from the area baseline, adjusted for condition and location. Asking €1,850,000 sits €1,227,021 (66.3%) below — the upside to fair value.
Asking €1,850,000 versus the Minde, Alcanena, Santarém area baseline of €2,216,876 (€659/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 (Condition 70 · Materials 78 · Room dimensions 74). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 44/100 (Housing Market 35 · Amenities 45 · Economic 30 · Tenant Quality 50). Softer demand indicators apply a discount to baseline.
Minde, Alcanena, Santarém
Area baseline €2,216,876 + condition -€94,612 + location -€77,991 = modelled fair value of €3,077,021 (€915/m²), a €1,227,021 (66.3%) gap versus the €1,850,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Minde · 5ecea1 | Subject | €1,850,000 | €550 | — | 70 | 44 |
| rua Nossa Senhora de Fátima | Active | €290,000 | €906 | 64.8% | 64 | 55 |
| rua da Igreja, 6 | Active | €799,000 | €1,672 | 204.0% | 86 | 50 |
| São Mamede · 6c08a3 | Active | €175,000 | €1,207 | 119.5% | 68 | 46 |
| rua Propriedade Total C /, 2 | Active | €350,000 | €1,977 | 259.6% | — | 43 |
| Median comp | €320,000 | €1,440 | 161.8% | 68 | 48 |
Long-term rental The property in Minde, Alcanena presents a compelling opportunity for long-term rental investment with a fair value standing significantly above the listing price, showcasing a 66.3% gap. Despite a rural context and lower neighbourhood ratings, the potential for economic stability through agricultural activity can support consistent rental income over time. Buy-and-hold With a current listing of €1,850,000 and a fair value of €3,077,021, this property offers a substantial appreciation potential for a buy-and-hold strategy. Even though the yield is currently 0% and the condition and neighbourhood ratings indicate some challenges, the significant undervaluation may yield significant returns in the long term as the area develops.
Economic Instability Risk The economic stability score of 30/100 indicates a significant risk of financial fluctuations that could adversely impact property values and 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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