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.
2-bedroom, 2-bathroom apartment of 134 m², built in 1995, energy rating C. Located Ovar, São João, Arada e São Vicente de Pereira Jusã parish, Ovar municipality, Aveiro district. Noteworthy Features: This apartment includes a dedicated sunroom adjacent to the kitchen, enhancing natural light and providing additional space for casual dining or relaxation.
The valuation. The asking price of €225,000 is significantly above the fair value of €191,610, resulting in a premium of €33,390 (17.4%). This property is overpriced, particularly considering the surrounding market conditions.
Fair value modelled at €191,610 from 6 comparable sales in the area. Asking €225,000 sits €33,390 (17.4%) above — overpriced versus fair value.
Asking €225,000 versus the Ovar, São João, Arada e São Vicente de Pereira Jusã, Ovar, Aveiro area baseline of €201,776 (€1,506/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 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 €201,776, adjusted for condition and micro-location, gives a modelled fair value of €191,610 (€1,430/m²), a €33,390 (17.4%) gap versus the €225,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ovar, São João, Arada e São Vicente de Pereira Jusã · e55211 | Subject | €225,000 | €1,679 | — | 68 | 60 |
| travessa Elias Garcia, 112 | Active | €299,000 | €1,823 | 8.6% | 79 | 68 |
| rua Brigadeiro Pinho Freire, 42 | Active | €205,000 | €3,868 | 130.4% | 70 | 51 |
| rua Manuel Pereira Dias | Active | €305,000 | €3,050 | 81.6% | 90 | 61 |
| Ovar, São João, Arada e São Vicente de Pereira Jusã · a06c3b | Active | €500,000 | €911 | 45.8% | 70 | 63 |
| Median comp | €302,000 | €2,437 | 45.1% | 75 | 62 |
Long-term rental The property, with a gross yield of 3.8%, presents a low return in the current market, especially considering its fair value of €191,610. As it is overpriced at €225,000, potential long-term rental income may not cover the investment costs effectively. Buy-and-hold Given its current valuation above fair value, entering a buy-and-hold strategy may lead to stagnant returns, as the property is not poised for significant appreciation. In a suburban area such as Ovar with limited amenities, the likelihood of substantial long-term value increase seems diminished. Family rental While there may be some demand for family rentals due to the safe environment, the property’s price point of €225,000 is above its fair market value, which could deter potential families seeking affordable options. Additionally, the average school options and proximity to amenities may not sufficiently justify the premium price in attracting suitable tenants. Not ideal for Given its current valuation, the property is not suitable for a short-term vacation rental, luxury market positioning, or student housing, as these segments require competitiveness and strong demand, which are not reflected in this specific setup.
Weak Economic Growth Risk The economic stability score of 55 indicates potential vulnerabilities in market conditions that could impact rental income and property appreciation negatively.
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