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.
3-bedroom, 3-bathroom apartment of 156 m² on the 2nd floor, built in 1998, energy rating D. Located on rua Doutor Gonçalo de Araújo, Cidade da Maia parish, Maia municipality, Porto district. This property boasts three private balconies, providing exceptional outdoor space and panoramic views, complemented by a sunroom for additional relaxation.
The valuation. The asking price of €460,000 sits significantly above the fair value of €226,122, indicating an overpricing of €233,878 (50.8%). Buyers should exercise caution in pursuing this investment. Buy-to-flip angle. A buy-and-flip strategy may be challenging due to the high asking price, which diminishes potential resale margins. Moreover, the dated fixtures could require additional capital for upgrades before resale. Buy-to-let angle. While the estimated rental income of €1,418/month yields 3.7%, the high acquisition cost reduces overall cash flow potential. Long-term rental strategies may be constrained by the property’s overvaluation.
Fair value modelled at €226,122 from the area baseline, adjusted for condition and location. Asking €460,000 sits €233,878 (50.8%) above — overpriced versus fair value.
Asking €460,000 versus the rua Doutor Gonçalo de Araújo area baseline of €218,400 (€1,400/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 71/100 (Condition 68 · Materials 75 · Room dimensions 73). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 70/100 (Housing Market 65 · Amenities 70 · Economic 75 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Doutor Gonçalo de Araújo
Area baseline €218,400 + condition -€9,750 + location +€17,472 = modelled fair value of €226,122 (€1,450/m²), a €233,878 (50.8%) gap versus the €460,000 asking price.
Long-term rental Despite its location near Porto, which influences demand, the property is overpriced by 50.8% compared to its fair value of €226,122, limiting its return potential. With a gross yield of only 3.7%, this investment may not yield satisfactory cash flow for long-term rental purposes. Family rental This property appeals to families due to its size and location; however, the current price of €460,000 is significantly above its fair value, indicating it is overpriced. The moderate amenities and neighborhood rating suggest that the property's rental appeal will struggle to justify the high asking price. Buy-and-hold Investing in this property with its 71/100 condition rating may not be strategic, given it is overpriced by 50.8%. The buy-and-hold strategy is compromised by the inflated cost, which may hinder long-term appreciation potential in a moderately performing neighborhood.
Tenant turnover risk High tenant turnover may occur given the Tenant stability score of 70/100, which suggests potential instability in rental income.