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 62 m², built in 1966. Located on rua Granja, Campanhã parish, Porto municipality, Porto district. Noteworthy Features: The property includes a fully approved renovation project, enabling immediate redevelopment in a high-potential appreciation area of Campanhã, Porto.
The valuation. The asking price of €300,000 is significantly above fair value by €188,743, representing a 62.9% premium. This assessment categorizes the property as overpriced, making it less attractive for immediate investment decisions.
Fair value modelled at €111,257 from the area baseline, adjusted for condition and location. Asking €300,000 sits €188,743 (62.9%) above — overpriced versus fair value.
Asking €300,000 versus the rua Granja area baseline of €188,232 (€3,036/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 14/100 (Condition 10 · Materials 15 · Room dimensions 20). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 79/100 (Housing Market 80 · Amenities 70 · Economic 90 · Tenant Quality 80). Strong amenities and housing-market momentum support a premium to baseline.
rua Granja
Area baseline €188,232 + condition -€59,094 + location +€17,707 = modelled fair value of €111,257 (€1,794/m²), a €188,743 (62.9%) gap versus the €300,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Granja | Subject | €300,000 | €4,839 | — | — | 79 |
| rua Ourives, 350 | Active | €210,000 | €1,458 | 69.9% | 18 | 74 |
| Campanhã · ba5782 | Active | €320,000 | €1,882 | 61.1% | 27 | 75 |
| rua de Justino Teixeira, 801 | Active | €320,000 | €2,667 | 44.9% | 15 | 76 |
| Gondomar (São Cosme), Valbom e Jovim · dee42d | Active | €195,000 | €1,477 | 69.5% | — | 81 |
| Median comp | €265,000 | €1,680 | 65.3% | 18 | 76 |
Long-term rental This property presents a gross yield of 3.6%, which does not sufficiently compensate for the significant 62.9% gap from its fair value of €111,257. Given its condition rating of 14/100, prospective tenants may find the dwelling less appealing, impacting occupancy rates and overall rental performance. Buy-and-hold With an asking price of €300,000, this investment does not align with its fair value, making potential capital appreciation uncertain. The high valuation reduces its attractiveness for long-term holding, as capital returns would likely not meet investor expectations given the current market conditions. Family rental Although located in a well-rated neighbourhood (79/100), the excessive asking price combined with a low condition score diminishes its viability as a family rental. Families often prioritize value and quality, and with substantial renovations likely required, this property does not present a compelling option for this demographic.
Tenant turnover risk: With a tenant stability score of only 80/100, there is a potential risk of higher tenant turnover, which could impact rental income stability and increase vacancy 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.
