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 apartment of 78 m² on the 2nd floor, built in 1987, energy rating D. Located on rua de Tânger, Lordelo do Ouro e Massarelos parish, Porto municipality, Porto district. Noteworthy Features: The apartment boasts a west-facing living room with a lovely balcony offering unobstructed views, ideal for enjoying the sunset. Pre-installation for air conditioning is available in all rooms.
The valuation. The asking price of €345,000 is significantly above the fair value of €294,199, resulting in a premium of €50,801 (14.7%). This property is considered overpriced for the current market conditions.
Fair value modelled at €294,199 from the area baseline, adjusted for condition and location. Asking €345,000 sits €50,801 (14.7%) above — overpriced versus fair value.
Asking €345,000 versus the rua de Tânger area baseline of €277,446 (€3,557/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 (Condition 76 · Materials 82 · Room dimensions 82). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 81/100 (Housing Market 80 · Amenities 80 · Economic 85 · Tenant Quality 80). Strong amenities and housing-market momentum support a premium to baseline.
rua de Tânger
Area baseline €277,446 + condition +€6,459 + location +€31,744 = modelled fair value of €294,199 (€3,772/m²), a €50,801 (14.7%) gap versus the €345,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua de Tânger | Subject | €345,000 | €4,423 | — | 76 | 81 |
| avenida Afonso Henriques, 930 | Active | €390,000 | €3,939 | 10.9% | 80 | 72 |
| São Mamede de Infesta e Senhora da Hora · 25f57e | Active | €299,000 | €4,271 | 3.4% | 72 | 65 |
| rua da Constituição | Active | €355,000 | €5,000 | 13.0% | 74 | 76 |
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · bf2875 | Active | €280,000 | €4,912 | 11.1% | 76 | 80 |
| Median comp | €327,000 | €4,592 | 3.8% | 75 | 74 |
Long-term rental The property is priced at €345,000, which is 14.7% above its fair value of €294,199. With a gross yield of 3.7%, this investment reflects a lower return potential that does not justify the current asking price. Family rental Selling for €345,000, this apartment is significantly overpriced compared to its fair value of €294,199, creating a potential barrier for families looking for affordable housing. The neighborhood's amenities and tenant quality could attract families, but the inflated price undermines its attractiveness for this segment. Buy-and-hold At an asking price of €345,000, the property is 14.7% over its fair value of €294,199, leading to less appealing long-term investment returns. Despite its decent condition and location, the overpriced nature of this investment risks diminishing profitability over time.
Tenant turnover risk: With a tenant stability score of 80/100, there is a potential for increased turnover, which may lead to higher vacancy rates and costs associated with finding new tenants.
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