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.
3-bedroom, 2-bathroom house of 252 m², energy rating E. Located Joane parish, Vila Nova de Famalicão municipality, Braga district. Noteworthy Features: This property includes a large outdoor space ideal for garden or pool development and features high visibility due to its proximity to the National Road. Special Features: Private water well enhances self-sufficiency and potential for irrigation.
The valuation. The asking price of €355,000 is slightly below fair value at €372,294, representing a difference of €17,294 (4.6%). This property is considered to be priced fairly in the current market conditions.
Fair value modelled at €372,294 from 6 comparable sales in the area. Asking €355,000 sits €17,294 (4.6%) below — the upside to fair value.
Asking €355,000 versus the Joane, Vila Nova de Famalicão, Braga area baseline of €314,550 (€1,248/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 55/100 is below the parish average, reducing fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €314,550, adjusted for condition and micro-location, gives a modelled fair value of €372,294 (€1,477/m²), a €17,294 (4.6%) gap versus the €355,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Joane · e54d52 | Subject | €355,000 | €1,409 | — | 51 | 65 |
| Aves · 389329 | Active | €300,000 | €1,200 | 14.8% | 65 | 63 |
| rua Tulipas S / N | Active | €349,000 | €1,473 | 4.5% | — | 63 |
| rua Plácido Carvalho, 125 | Active | €320,000 | €1,391 | 1.2% | 54 | 63 |
| Bougado (São Martinho e Santiago) · 15e2f6 | Active | €350,000 | €1,489 | 5.7% | 52 | 76 |
| Median comp | €334,500 | €1,432 | 1.7% | 54 | 63 |
Long-term rental The property offers a gross yield of 4.5%, which is competitive for the Joane area but not exceptional given the fair market value assessment. With a condition rating of 55/100, ongoing maintenance may be required, impacting profitability over time. Student housing The property is well-positioned to appeal to students, given Vila Nova de Famalicão's proximity to educational institutions, but it is not an ideal investment for the luxury market. The local tenant quality is decent, although the neighborhood rating of 65/100 indicates there could be competition from better-rated options in the area. Buy-and-hold Holding this property could provide stable long-term returns, yet with a fair value gap of only 4.6%, there may be limited room for appreciation over time. The average condition and neighborhood score suggest potential challenges in increasing its market appeal without further investments.
Economic and Tenant Instability Risk With both the Economic Stability and Tenant Stability scores at 65/100, there is a significant risk of fluctuating rental income due to potential job losses and tenant turnover.
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