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.
4-bedroom, 5-bathroom apartment of 201 m², built in 1990, energy rating C. Located on rua Doutor Melo Leote, Ramalde parish, Porto municipality, Porto district. Noteworthy Features: This apartment includes oversized soundproof and thermal insulation windows, providing exceptional privacy and comfort in a central yet tranquil urban setting.
The valuation. The asking price of €750,000 is significantly above the fair value of €479,556, by €270,444 (36.1%). This property is deemed overpriced, which may deter potential buyers looking for a sound investment.
Fair value modelled at €479,556 from the area baseline, adjusted for condition and location. Asking €750,000 sits €270,444 (36.1%) above — overpriced versus fair value.
Asking €750,000 versus the rua Doutor Melo Leote area baseline of €494,862 (€2,462/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 55/100 (Condition 50 · Materials 60 · Room dimensions 60). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 74/100 (Housing Market 80 · Amenities 70 · Economic 75 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Doutor Melo Leote
Area baseline €494,862 + condition -€62,813 + location +€47,507 = modelled fair value of €479,556 (€2,386/m²), a €270,444 (36.1%) gap versus the €750,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Doutor Melo Leote | Subject | €750,000 | €3,731 | — | 50 | 74 |
| Paranhos · 9569a8 | Active | €919,000 | €3,259 | 12.7% | 60 | 70 |
| Aldoar, Foz Do Douro e Nevogilde · 0902c0 | Active | €2,100,000 | €8,333 | 123.3% | — | 73 |
| Aldoar, Foz Do Douro e Nevogilde · 001a96 | Active | €596,000 | €3,311 | 11.3% | 64 | 81 |
| rua de Grijó, 84 | Active | €680,000 | €3,208 | 14.0% | 68 | 74 |
| Median comp | €799,500 | €3,285 | 12.0% | 64 | 74 |
Long-term rental This property in Ramalde is overpriced at €750,000, with a fair value estimated at €479,556, indicating a significant 36.1% gap. The gross yield of 3.3% does not justify the investment considering the overall condition rating of 55/100 and the neighborhood score of 74/100. Family rental With a fair value of €479,556, the property's listing price of €750,000 suggests it is overpriced by 36.1%. The relatively low yield of 3.3% and condition rating of 55/100 imply challenges in attracting family renters, making this a less favorable investment option. Buy-and-hold The 4-bed apartment in Ramalde is listed at €750,000, which exceeds its fair valuation by 36.1%, suggesting it is overpriced. The current gross yield of 3.3% and the neighborhood's 74/100 score add to the limitations for long-term growth potential in this investment strategy.
Economic Downturn Risk A moderate economic stability score of 75 suggests potential vulnerability to downturns that could impact rental demand and cash flow stability.