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 84 m², built in 1982, energy rating D. Located on rua Jaime Cortesão, Valongo parish, Valongo municipality, Porto district. Noteworthy Features: The apartment includes a pleasant balcony and is located just minutes from Valongo train station, enhancing both outdoor space and commuting convenience.
The valuation. The asking price of €190,000 is significantly above the fair value of €124,941, resulting in an overpriced status of €65,059 (34.2%). This gap indicates potential challenges in achieving a profitable investment.
Fair value modelled at €124,941 from the area baseline, adjusted for condition and location. Asking €190,000 sits €65,059 (34.2%) above — overpriced versus fair value.
Asking €190,000 versus the rua Jaime Cortesão area baseline of €117,600 (€1,400/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 75 · Materials 78 · Room dimensions 72). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 67/100 (Housing Market 60 · Amenities 65 · Economic 70 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Jaime Cortesão
Area baseline €117,600 + condition -€656 + location +€7,997 = modelled fair value of €124,941 (€1,487/m²), a €65,059 (34.2%) gap versus the €190,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Jaime Cortesão | Subject | €190,000 | €2,262 | — | 75 | 67 |
| Campo e Sobrado · 6fbaed | Active | €279,000 | €2,232 | 1.3% | 70 | 64 |
| travessa do Maninho S / N | Active | €269,000 | €2,152 | 4.9% | 72 | 77 |
| rua Santa Joana, 66 | Active | €249,000 | €2,243 | 0.8% | 64 | 67 |
| Fânzeres e São Pedro da Cova · 96c47c | Active | €245,000 | €2,290 | 1.2% | 70 | 71 |
| Median comp | €259,000 | €2,238 | 1.1% | 70 | 69 |
Long-term rental The property is overpriced at €190,000, exceeding the fair value of €124,941 by 34.2%. With a gross yield of 4.7% and a neighbourhood score of 67/100, the long-term rental potential does not justify the premium price. Buy-and-hold At €190,000, this buy-and-hold investment appears less appealing as it is overpriced relative to its fair value of €124,941, creating a 34.2% gap. The property’s condition rating of 75/100 suggests moderate quality, yet the current pricing limits long-term capital appreciation potential. Family rental This property, priced at €190,000, is overpriced against a fair value of €124,941, indicating a significant 34.2% discrepancy. Although it could attract family renters due to its size, the elevated price may deter potential tenants seeking reasonable rent prices.
Economic and tenant instability risk With both economic and tenant stability scores at 70/100, there is a notable risk of potential vacancy and rent collection issues that could affect overall cash flow and investment returns.
