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 284 m², energy rating C. Located União das Freguesias da Cidade de Santarém parish, Santarém municipality, Santarém district. Noteworthy Features: This mix-use building is situated in the Historical Center of Santarém and comes with an approved project for transforming the space into housing units.
The valuation. There are not enough comparable sales in this area yet to establish a reliable fair-value estimate. Buy-to-flip angle. The property’s condition (37/100) and location suggest a potential resale strategy targeting buyers seeking renovation projects. Buy-to-let angle. The rental income strategy can be focused on long-term family rentals, capitalizing on the local agricultural influence.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| União das Freguesias da Cidade de Santarém · 70f7cf | Subject | €275,000 | €968 | — | 32 | 43 |
| rua Cidade de Santarém | Active | €490,000 | €1,458 | 50.6% | 35 | 50 |
| União das Freguesias da Cidade de Santarém · 7e9ad2 | Active | €280,000 | €1,556 | 60.6% | 38 | 51 |
| União das Freguesias da Cidade de Santarém · de49b6 | Active | €135,000 | €1,071 | 10.6% | 20 | 48 |
| rua Pedro Canavarro S / N | Active | €550,000 | €598 | 38.2% | 38 | 45 |
| Median comp | €385,000 | €1,265 | 30.6% | 37 | 49 |
Long-term rental The property’s location in a rural region with limited economic diversity presents an opportunity for a stable long-term rental market, albeit with a modest return given its current yield. The existing condition score of 37/100 indicates potential for improvement, making it attractive for tenants seeking affordable housing. Value-add renovation Investing in renovations could significantly enhance the property's appeal, given its current condition score of 37/100 and neighbourhood rating of 43/100. By upgrading the unit to modern standards, there is potential to increase rental income and tenant satisfaction in a location that lacks diverse housing options. Family rental Targeting families within this rural setting presents a unique opportunity, as there are limited family-sized rental units available in the market. The current lower condition score emphasizes the potential for upgrading the unit to better serve family needs, promoting longer tenancy durations. Short-term vacation rental The rural setting and limited amenities do not lend themselves well to a successful short-term vacation rental strategy. The absence of a diverse economic landscape means demand from transient visitors is likely to be insufficient. Student housing The property is not suited for student housing due to its location and lack of nearby educational institutions, limiting potential demand. The rural character and economic constraints further decrease the attractiveness for a student rental model. Luxury market With a neighbourhood rating of only 43/100 and a condition score of 37/100, this property does not align with the expectations of the luxury market. The economic base’s rural aspect and low diversity suggest a more modest buyer and tenant profile.
Economic and Tenant Stability Risk: With both the economic stability and tenant stability scores at 45/100, there is a significant risk of rent delinquency and decreased property demand, potentially impacting overall profitability.
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Not enough comparable sales in this area to confidently estimate a fair value.
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