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.
3-bedroom, 3-bathroom apartment of 190 m², built in 2006, energy rating C. Located on rua Engenheiro Frederico Ulrich, Moreira parish, Maia municipality, Porto district. This apartment features a private balcony overlooking the pool, perfect for entertaining or relaxing while enjoying scenic views of the garden and communal areas.
The valuation. The asking price of €497,000 is significantly above fair value, which is estimated at €227,077, indicating a difference of €269,923 (54.3%). This property is considered overpriced.
Fair value modelled at €227,077 from the area baseline, adjusted for condition and location. Asking €497,000 sits €269,923 (54.3%) above — overpriced versus fair value.
Asking €497,000 versus the rua Engenheiro Frederico Ulrich area baseline of €288,230 (€1,517/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 (Condition 80 · Materials 85 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 72/100 (Housing Market 75 · Amenities 70 · Economic 80 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua Engenheiro Frederico Ulrich
Area baseline €288,230 + condition +€18,703 + location +€16,854 = modelled fair value of €227,077 (€1,195/m²), a €269,923 (54.3%) gap versus the €497,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Engenheiro Frederico Ulrich | Subject | €497,000 | €2,616 | — | 80 | 72 |
| Cidade da Maia · ba59a2 | Active | €430,000 | €2,606 | 0.4% | 75 | 73 |
| rua Dona Maria da Conceição Mota Sotomayor, 370 | Active | €387,500 | €3,914 | 49.6% | 80 | 67 |
| rua de José Maria Pedroto | Active | €330,000 | €2,683 | 2.6% | 75 | 67 |
| rua do Doutor David Ramalhão, 34 | Active | €320,000 | €2,991 | 14.3% | 78 | 68 |
| Median comp | €358,750 | €2,837 | 8.5% | 77 | 68 |
Long-term rental The property is overpriced at €497,000 compared to the fair value of €227,077, presenting a significant gap of 54.3% that diminishes the potential for positive cash flow. With a gross yield of only 3%, the investment does not offer sufficient yield to justify the high purchase price in the long-term rental market. Family rental Although the apartment is located in a decent neighborhood with a rating of 72/100, the high asking price of €497,000 compared to its fair value makes it challenging to attract budget-conscious families. The limited yield of 3% further indicates that this property may not be a favorable option for family rental investing. Buy-and-hold After assessing the property’s valuation and market dynamics, the €497,000 price tag appears excessive against the fair value benchmark of €227,077, making it a poor buy-and-hold candidate. An expected gross yield of only 3% indicates that this investment may underperform in the long term, especially given the noted price gap. Not ideal for Given the property's significant overpricing and modest yield, it is not suitable for the luxury market or short-term rentals which typically demand more competitive pricing and higher returns on investment. Potential investors should reconsider engaging with this apartment in such high-demand sectors.
Tenant turnover risk The tenant stability score of 65/100 indicates a potential for higher tenant turnover, which could lead to increased vacancy rates and costs associated with finding new tenants.
