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, 1-bathroom apartment of 100 m², built in 1996, energy rating C. Located on rua Nova dos Altos, Cidade da Maia parish, Maia municipality, Porto district. Noteworthy Features: The apartment's living room includes a heat recovery system for enhanced energy efficiency, and one bedroom features a private balcony for outdoor relaxation.**
The valuation. The asking price of €290,000 sits significantly above the fair value of €148,219, indicating an overvaluation of €141,781 (48.9%). No investment rationale can justify this price point. Buy-to-flip angle. A buy-and-flip strategy is unlikely to yield substantial profits given the property’s asking price. Flipping this asset would require significant appreciation, which is improbable in the current market conditions. Buy-to-let angle. The estimated rental income of €918 per month translates to a gross yield of 3.8%. With the suburban location appealing to families, this strategy could provide stable, albeit low, returns on investment.
Fair value modelled at €148,219 from the area baseline, adjusted for condition and location. Asking €290,000 sits €141,781 (48.9%) above — overpriced versus fair value.
Asking €290,000 versus the rua Nova dos Altos area baseline of €267,200 (€2,672/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 71/100 (Condition 68 · Materials 74 · Room dimensions 73). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 75/100 (Housing Market 80 · Amenities 70 · Economic 75 · Tenant Quality 80). Strong amenities and housing-market momentum support a premium to baseline.
rua Nova dos Altos
Area baseline €267,200 + condition -€5,781 + location +€14,000 = modelled fair value of €148,219 (€1,482/m²), a €141,781 (48.9%) gap versus the €290,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Nova dos Altos | Subject | €290,000 | €2,900 | — | 68 | 75 |
| rua do Padre Manuel da Silva, 44 | Active | €294,000 | €3,818 | 31.7% | 73 | 74 |
| Moreira · dee61c | Active | €222,500 | €3,708 | 27.9% | 72 | 74 |
| rua António Marques, 2 | Active | €294,000 | €3,000 | 3.4% | 70 | 69 |
| rua D. Manuel | Active | €320,000 | €2,909 | 0.3% | 70 | 70 |
| Median comp | €294,000 | €3,354 | 15.7% | 71 | 72 |
Long-term rental The property is overpriced at €290,000, significantly exceeding its fair value of €148,219, indicating a gap of 48.9%. The gross yield of 3.8% does not provide an adequate return on investment, making it less attractive for long-term rental purposes. Family rental With a fair value of €148,219, the asking price of €290,000 reveals that this property is overpriced by 48.9%. Although it is situated in a decent neighbourhood with a rating of 75/100, the financial metrics suggest it would be challenging to justify its use as a family rental. Buy-and-hold The buy-and-hold strategy may not be viable, as the property is priced at €290,000, well above its fair value of €148,219, leading to a 48.9% gap. Given the low gross yield of 3.8%, this investment does not promise sufficient growth or returns over time, rendering it unattractive for this strategy.
Potential economic downturn risk: With an economic stability score of 75/100, there is a moderate risk that unexpected economic fluctuations could impact property values and rental income.
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