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, 1-bathroom house of 103 m², built in 1990, energy rating C. Located on rua Doutor Fernandes de Castro, Ovar, São João, Arada e São Vicente de Pereira Jusã parish, Ovar municipality, Aveiro district. The property features a cozy, modernized bathroom with contemporary fixtures, contrasting sharply with the living room's significant dampness and ceiling staining, highlighting urgent maintenance needs.
The asking price of €189,900 is significantly above our assessed fair value of €100,000, indicating a potential downside of €89,900, or 47.3%. This assessment carries low confidence in the accuracy of the fair value.
The fair value of this property is derived through a combination of two models. The Transaction model, based on 159 recorded sales in Ovar, provides 60% of the value, while the Adjusted asking-price model contributes 40% after considering current listings and adjusting them to sale levels. Conservative adjustments, such as the estimated cost to cure needed works, have been factored in. The fair value is calculated at €100,000, which is 47.3% below the asking price of €189,900. Thus, the asking price is above the fair value, and the confidence level in this assessment is low.
No specific strategy stands out for this property.
Negotiation room: Negotiation room: closed sales in this municipality typically settle about 9% below asking, suggesting an opening conversation near €172,531
For this 2-bed house with a condition rating of 49/100 and a neighbourhood score of 50/100, investors should carefully weigh the asking price of €189,900 against the identified fair value of €100,000, indicating a 47.3% downside versus the asking price. The property is overpriced, which raises concerns regarding its investment potential given the conditions and location.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk With economic and tenant stability scores of 50/100, the property faces potential risks related to inconsistent demand and turnover in rental income. Fair value uncertainty risk The valuation is pegged at a fair value of €100,000; however, the lack of micro-location transaction data casts low confidence on this figure's reliability.
Grade AFindings: 0
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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