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 127 m², built in 2002, energy rating B. Located on avenida Doutor Fernando Melo, 80, Valongo parish, Valongo municipality, Porto district. Noteworthy Features: The apartment boasts direct access to a balcony with unobstructed views of the Valongo mountains, enhancing its appeal for outdoor relaxation and enjoyment.
The valuation. The asking price of €239,900 is significantly above the fair value of €195,001, resulting in an overvaluation of €44,899 (18.7%). This suggests that potential investors may face challenges in achieving a solid return on investment.
Fair value modelled at €195,001 from the area baseline, adjusted for condition and location. Asking €239,900 sits €44,899 (18.7%) above — overpriced versus fair value.
Asking €239,900 versus the avenida Doutor Fernando Melo, 80 area baseline of €274,574 (€2,162/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 72 · Materials 78 · Room dimensions 81). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 70/100 (Housing Market 60 · Amenities 70 · Economic 80 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
avenida Doutor Fernando Melo, 80
Area baseline €274,574 + condition +€2,977 + location +€14,224 = modelled fair value of €195,001 (€1,535/m²), a €44,899 (18.7%) gap versus the €239,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Doutor Fernando Melo, 80 | Subject | €239,900 | €1,889 | — | 72 | 70 |
| travessa Maria Luisa Almeida Matos, 56 | Active | €265,000 | €2,366 | 25.3% | 72 | 75 |
| rua Alto da Serra | Active | €269,500 | €2,209 | 16.9% | 74 | 70 |
| avenida Doutor Fernando Melo | Active | €260,000 | €2,114 | 11.9% | 73 | 75 |
| rua Doctor Manuel Arriaga | Active | €285,000 | €1,863 | 1.4% | 78 | 62 |
| Median comp | €267,250 | €2,162 | 14.4% | 74 | 73 |
Long-term rental While investing in this property for long-term rental may seem attractive due to its location in the Greater Porto region, the current pricing reflects an 18.7% gap above fair value, making the investment less favorable. Given the gross yield of 4.3% and neighborhood ratings, potential returns may be insufficient to justify the premium price. Family rental Positioning this property as a family rental aligns with the suburban context of Valongo, yet the 18.7% overpricing indicates that rental returns could fall short of expectations. The unit's condition score of 77/100 is decent, but the financials do not support an advantageous entry point for family-oriented renters due to the inflated price. Not ideal for The property is not suitable for the luxury market, as its price and neighborhood rating do not support the demand for high-end amenities or exclusivity. Additionally, the dynamics of the local market suggest that this 2-bed apartment would struggle to compete in the short-term rental sector, given its overpriced valuation.
Tenant turnover risk Due to a tenant stability score of 70/100, there is a potential risk of higher tenant turnover, which could lead to increased vacancy periods and associated costs.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Login Required
Please log in or create an account to access this page.
No posts yet for this property.
