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, 6-bathroom mix_use_building of 1000 m², built in 2015, energy rating B. Located Cortegaça parish, Ovar municipality, Aveiro district. This fully operational mixed-use building includes a basement catering unit of approximately 350sqm, providing a significant revenue-generating opportunity in a sought-after beach location.
The valuation. There are not enough comparable sales in this area yet to establish a reliable fair-value estimate. Buy-to-flip angle. Given the property's condition and location, a resale strategy focused on renovations could capture significant interest in the market. Buy-to-let angle. The potential rental income strategy could target long-term residential tenants due to the property’s high-quality finishes and the neighborhood's mixed-use attributes.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Cortegaça · c0e55a | Subject | €1,950,000 | €1,950 | — | 72 | 61 |
| Espinho · 5eced9 | Active | €840,000 | €5,385 | 176.1% | — | 74 |
| Espinho · de4961 | Active | €530,000 | €4,492 | 130.3% | — | 73 |
| Gulpilhares e Valadares · 603312 | Active | €357,500 | €2,609 | 33.8% | 80 | 70 |
| Arcozelo · 775010 | Active | €560,000 | €709 | 63.6% | 74 | 75 |
| Median comp | €545,000 | €3,551 | 82.1% | 77 | 74 |
Long-term rental The property offers a stable long-term rental opportunity given its decent condition rating of 76/100 and the surrounding amenities in the Cortegaça area. The tenant quality in this region is likely to attract professionals due to its proximity to the industrial centers in Aveiro. Family rental With a sizeable 1000m² area, this property is well-suited for families looking for a spacious living environment in a neighborhood with a score of 61/100. The local amenities can provide a suitable living experience for families seeking longer-term housing options. Buy-and-hold The mix-use nature of the building in a secondary city with industrial significance presents a solid buy-and-hold opportunity, with a potential for appreciation over time. The area’s economic backdrop is favorable, which could lead to future demand for both commercial and residential tenants. Not ideal for short-term vacation rental Given the property’s location outside major tourist hotspots, it is not suited for the short-term vacation rental market. Additionally, the property’s mixed-use zoning may not align with the expectations typically associated with vacation rentals. Not ideal for luxury market The current condition rating and neighborhood score suggest that this property does not cater to the luxury market, which often requires higher standards of quality and exclusivity. The industrial nearby context also detracts from the appeal to affluent buyers or renters. Not ideal for student housing The area's current tenant quality and amenities may not be aligned with student preferences, which lean towards vibrant social settings often found in major university cities. Additionally, the proximity to industrial sectors rather than educational institutions may limit its attractiveness to student renters.
Economic Downturn Risk With an economic stability score of 55/100, there is a significant risk that potential downturns could affect rental income and property values.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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