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 101 m², built in 2003, energy rating C. Located on rua Nossa Senhora do Carmo, Serzedo e Perosinho parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: The apartment boasts two private balconies, enhancing outdoor living, and includes a dedicated garage space, adding significant value in an urban setting. Valuation Verdict: Fair
The valuation. The asking price of €315,000 sits €40,220 (12.8%) above the fair value of €274,780, indicating that the property is overpriced. This discrepancy suggests potential buyers may need to negotiate for a more reasonable value.
Fair value modelled at €274,780 from the area baseline, adjusted for condition and location. Asking €315,000 sits €40,220 (12.8%) above — overpriced versus fair value.
Asking €315,000 versus the rua Nossa Senhora do Carmo area baseline of €265,428 (€2,628/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 78 · Materials 75 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 72/100 (Housing Market 68 · Amenities 70 · Economic 75 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua Nossa Senhora do Carmo
Area baseline €265,428 + condition +€2,367 + location +€22,033 = modelled fair value of €274,780 (€2,721/m²), a €40,220 (12.8%) gap versus the €315,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Nossa Senhora do Carmo | Subject | €315,000 | €3,119 | — | 78 | 72 |
| Canelas · 6fbb75 | Active | €269,000 | €2,491 | 20.1% | 65 | 76 |
| Canelas · 6fbbc0 | Active | €269,000 | €2,135 | 31.5% | 80 | 74 |
| Canelas · ba588b | Active | €269,000 | €2,135 | 31.5% | 72 | 73 |
| rua Heróis do Ultramar | Active | €350,000 | €2,692 | 13.7% | 75 | 70 |
| Median comp | €269,000 | €2,313 | 25.8% | 74 | 74 |
Long-term rental This property, priced at €315,000, is overpriced by 12.8% against its fair value of €274,780, which limits its attractiveness for long-term rental income potential. With a gross yield of 3.4% and a decent condition rating of 77/100, the return on investment may not justify the initial outlay in this competitive market. Family rental At a listing price that exceeds fair value by €40,220, this property may not appeal to families seeking budget-friendly rental options in the Porto metro area. The 72/100 neighborhood rating further suggests challenges in attracting long-term tenants who value affordability and accessibility. Buy-and-hold Investing in this property seems risky given its current listing price is 12.8% above fair value, which could hinder long-term appreciation potential. Although rated at 77/100 for condition, the combination of high initial cost and moderate yield indicates that it may not be the best buy-and-hold opportunity in the area.
Economic and Tenant Cohesion Risk: With both economic and tenant stability scores at 75/100, there is a moderate risk of fluctuations in rental income and occupancy rates due to potential economic downturns or tenant turnover.
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.
