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 €152,644 (€2,462/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 €152,644 + 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.
