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 50 m². Located on rua da Esperança, Rabo De Peixe parish, Ribeira Grande municipality. Noteworthy Features: This mixed-use building has a strategic location on a bustling street, enhancing visibility while offering unique flexibility for diverse commercial ventures due to its efficient layout.
The valuation. There are not enough comparable sales in this area yet to establish a reliable fair-value estimate.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Esperança | Subject | €120,000 | €2,400 | — | 69 | 50 |
| rua do Laureano, 2 | Active | €570,000 | €1,900 | 20.8% | 52 | — |
| rua Machado dos Santos, 98 | Active | €1,850,000 | €1,623 | 32.4% | — | 54 |
| Ribeira Grande (Matriz) · 7e9aa6 | Active | €147,000 | €1,909 | 20.5% | — | 55 |
| Faja De Baixo · aff4bd | Active | €250,000 | €1,712 | 28.7% | — | 57 |
| Median comp | €410,000 | €1,806 | 24.7% | 52 | 55 |
Short-term vacation rental The unique Azores location is expected to attract tourism, creating opportunities for short-term vacation rentals that can capitalize on transient guests seeking local experiences. With a neighborhood rating of 50/100, there is room for improvement in amenities that could further enhance the appeal of the property. Buy-and-hold With the growing tourism sector in the Azores, a buy-and-hold strategy could yield stable long-term returns as demand for rental properties is anticipated to rise. The condition rating of 66/100 indicates that while some improvements are necessary, the property is still in relatively good shape for immediate occupancy. Value-add renovation Investing in value-add renovations could significantly enhance the property's condition and attractiveness to potential renters, allowing the owner to capitalize on the increased demand in the tourist market. The current condition rating of 66/100 suggests that targeted improvements could position the property more favorably in a competitive rental landscape. Not ideal for luxury market The property’s modest size and condition indicate it is not suited for the luxury market, which typically demands higher quality and exclusivity. Given the neighborhood's 50/100 rating, this property would lack the necessary appeal for high-end clientele. Not ideal for student housing The property in Rabo De Peixe may not serve the student housing market effectively due to its mixed-use nature and lower neighborhood ratings. Additionally, the transient nature of tourism in the region does not align with the long-term stability often sought by student housing investors. Not ideal for long-term rental The property’s current condition, alongside its location in a tourist-centric area, makes it less appealing for long-term rental options where stable, consistent tenancies are preferred. The 0% gross yield further suggests that immediate rental income may not be viable without significant adjustments.
High Vacancy Risk The economic stability score of 45/100 indicates a potential for ongoing economic challenges that may lead to higher tenant turnover or vacancy rates, compounded by a tenant stability score of 55/100, which suggests average reliability among residents.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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