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.
1-bedroom, 1-bathroom apartment of 100 m² on the 2nd floor, built in 2024, energy rating B. Located on rua Manuel Pereira Dias, Ovar, São João, Arada e São Vicente de Pereira Jusã parish, Ovar municipality, Aveiro district. This apartment boasts a prime location just steps from Praia do Furadouro, ideal for those seeking a beach lifestyle with the convenience of nearby leisure amenities.
The valuation. The asking price of €305,000 is slightly higher than the fair value of €297,222 by €7,778 (2.6%). This property is fairly priced and represents a stable investment opportunity.
Fair value modelled at €297,222 from 5 comparable sales in the area. Asking €305,000 sits €7,778 (2.6%) above — overpriced versus fair value.
Asking €305,000 versus the rua Manuel Pereira Dias area baseline of €267,473 (€2,675/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 84/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price below the wider parish average — a hyper-local discount distinct from the parish baseline.
Base gap of €267,473, adjusted for condition and micro-location, gives a modelled fair value of €297,222 (€2,972/m²), a €7,778 (2.6%) gap versus the €305,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Manuel Pereira Dias | Subject | €305,000 | €3,050 | — | 90 | 61 |
| rua Brigadeiro Pinho Freire, 42 | Active | €205,000 | €3,868 | 26.8% | 70 | 51 |
| rua Principal | Active | €480,000 | €2,874 | 5.8% | 73 | 73 |
| travessa Elias Garcia, 112 | Active | €299,000 | €1,823 | 40.2% | 79 | 68 |
| urbanização da Godinha | Active | €0 | €0 | 100.0% | 75 | 61 |
| Median comp | €252,000 | €2,349 | 23.0% | 74 | 65 |
Long-term rental The property's gross yield of 3.4% indicates a steady return, but falls slightly short given its fair value status. With the suburban location offering standard amenities, the long-term rental market may provide stable occupancy, though growth potential appears limited. Value-add renovation While the property is in good condition, falling just below the perfect score at 84/100, the 2.6% gap to fair value suggests limited immediate upside for substantial renovations. Any enhancements may improve tenant appeal, but the returns may not justify a significant investment given current valuation. Buy-and-hold As a buy-and-hold investment, the apartment’s yield combined with its fair value points to cautious consideration for long-term appreciation. The surrounding suburban context is stable, yet the limited growth potential in this market may not align with aggressive investment timelines.
Economic Vulnerability With an economic stability score of 55/100, there is a heightened risk that economic fluctuations could negatively impact rental demand and property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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