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 house of 61 m², built in 1937, energy rating D. Located on rua do Pego Negro, 900, Campanhã parish, Porto municipality, Porto district. Noteworthy Features: This property boasts proximity to the Oriental Park, enhancing recreational options, and features large light-flooded spaces due to its dual-front exposure.
The valuation. The asking price of €225,000 exceeds the fair value of €164,019 by €60,981, representing a 27.1% premium. This property is deemed overpriced based on market conditions and valuation metrics.
Fair value modelled at €164,019 from the area baseline, adjusted for condition and location. Asking €225,000 sits €60,981 (27.1%) above — overpriced versus fair value.
Asking €225,000 versus the rua do Pego Negro, 900 area baseline of €185,196 (€3,036/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 (Condition 70 · Materials 75 · Room dimensions 72). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 77/100 (Housing Market 78 · Amenities 75 · Economic 80 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua do Pego Negro, 900
Area baseline €185,196 + condition -€2,383 + location +€16,220 = modelled fair value of €164,019 (€2,689/m²), a €60,981 (27.1%) gap versus the €225,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Pego Negro, 900 | Subject | €225,000 | €3,689 | — | 70 | 77 |
| rua António Enes, 101 | Active | €320,000 | €2,207 | 40.2% | 67 | 74 |
| rua Doutor Cancelas | Active | €345,000 | €2,413 | 34.6% | 67 | 68 |
| rua Artur Neves, 397 | Active | €432,000 | €1,778 | 51.8% | 72 | 70 |
| rua do Rio, 161 | Active | €365,000 | €1,690 | 54.2% | 74 | 73 |
| Median comp | €355,000 | €1,993 | 46.0% | 70 | 72 |
Long-term rental The property's asking price of €225,000 represents a significant 27.1% gap above the estimated fair value of €164,019, indicating that it is overpriced for long-term rental purposes. With a gross yield of 4.5%, the potential return does not justify the inflated price in a market with sufficient alternatives. Buy-and-hold Investing in this 2-bed house at €225,000 may not be prudent due to its overpriced valuation, which exceeds fair value by over a quarter. Although the property showcases decent tenant potential, the inadequate yield further complicates its appeal as a buy-and-hold strategy. Family rental While the Campanhã area offers a variety of amenities and good public transportation, the asking price of €225,000, which is 27.1% above fair value, indicates that this property is overpriced for a family rental. The condition score of 73/100 implies upkeep is required, further diminishing its attractiveness to potential family tenants at this price point.
Economic-dependent tenant risk With an economic stability score of 80/100, there's a risk that future economic fluctuations could affect tenant stability (75/100), potentially leading to increased vacancies or rent defaults.
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