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, 2-bathroom apartment of 158 m², built in 2001, energy rating C. Located on rua Central do Barreiro, Alfena parish, Valongo municipality, Porto district. This apartment features three facades that provide ample natural light throughout the space, complemented by a spacious sunroom off the modern kitchen.
The valuation. The asking price of €310,000 is significantly higher than the fair value of €243,670, resulting in a difference of €66,330 (21.4%). This property is considered overpriced.
Fair value modelled at €243,670 from the area baseline, adjusted for condition and location. Asking €310,000 sits €66,330 (21.4%) above — overpriced versus fair value.
Asking €310,000 versus the rua Central do Barreiro area baseline of €221,200 (€1,400/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 72 · Materials 78 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 74/100 (Housing Market 75 · Amenities 70 · Economic 70 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua Central do Barreiro
Area baseline €221,200 + condition +€1,234 + location +€21,235 = modelled fair value of €243,670 (€1,542/m²), a €66,330 (21.4%) gap versus the €310,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Central do Barreiro | Subject | €310,000 | €1,962 | — | 72 | 74 |
| rua Cidade de Trelazé | Active | €275,000 | €2,331 | 18.8% | 75 | 71 |
| rua Ilha de Moçambique, 160 | Active | €249,000 | €2,128 | 8.5% | 70 | 72 |
| Ermesinde · de0b8a | Active | €162,337 | €1,691 | 13.8% | 72 | 65 |
| rua da Queimada | Active | €290,000 | €2,000 | 1.9% | 72 | 79 |
| Median comp | €262,000 | €2,064 | 5.2% | 72 | 72 |
Long-term rental The 3-bed apartment in Alfena is not ideal for a long-term rental strategy due to its significant gap from fair value, indicating that investors will struggle to achieve a reasonable return. Additionally, the 0% gross yield and the modest condition rating highlight the challenges of securing reliable tenants in the current market. Family rental Although the property has potential for family rental, it is currently overpriced, which limits the profitability of such an investment. The neighborhood quality ratings and the lack of financial incentive at this price point raise concerns about long-term tenant retention and satisfaction. Buy-and-hold Engaging in a buy-and-hold strategy for this apartment is not advisable, as the current listing price significantly exceeds the fair value, presenting an immediate financial risk. The zero gross yield suggests that holding this asset will not yield attractive returns over time, further complicating long-term investment viability.
Economic Dependency Risk The economic stability score of 70/100 indicates a potential reliance on specific industries, which may expose the property to fluctuations that could affect overall occupancy rates and rental income.**
