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, 3-bathroom apartment of 116 m², built in 2005, energy rating C. Located on avenida Doutor Fernando Melo, 310, Valongo parish, Valongo municipality, Porto district. This top-floor apartment features a rare combination of both 3 solar fronts and 2 balconies, offering unobstructed views and maximizing natural light throughout the day.
The valuation. The asking price of €285,000 significantly exceeds the fair value of €174,909 by €110,091 (38.6%). Thus, the property is considered overpriced in the current market.
Fair value modelled at €174,909 from the area baseline, adjusted for condition and location. Asking €285,000 sits €110,091 (38.6%) above — overpriced versus fair value.
Asking €285,000 versus the avenida Doutor Fernando Melo, 310 area baseline of €162,400 (€1,400/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 (Condition 70 · Materials 75 · Room dimensions 76). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 74/100 (Housing Market 70 · Amenities 75 · Economic 65 · Tenant Quality 80). Strong amenities and housing-market momentum support a premium to baseline.
avenida Doutor Fernando Melo, 310
Area baseline €162,400 + condition -€3,081 + location +€15,590 = modelled fair value of €174,909 (€1,508/m²), a €110,091 (38.6%) gap versus the €285,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Doutor Fernando Melo, 310 | Subject | €285,000 | €2,457 | — | 70 | 74 |
| rua da Estrada Velha, 182 | Active | €285,000 | €3,167 | 28.9% | 75 | 67 |
| Valongo · 956e91 | Active | €289,900 | €2,457 | 0% | 75 | 66 |
| rua Nossa Senhora da Paz | Active | €276,000 | €2,760 | 12.3% | 70 | 74 |
| Fânzeres e São Pedro da Cova · 49b95b | Active | €270,000 | €3,333 | 35.7% | 75 | 65 |
| Median comp | €280,500 | €2,964 | 20.6% | 75 | 67 |
Long-term rental This property, priced at €285,000, represents a significant gap of 38.6% above its fair value of €174,909, indicating that it is overpriced. Despite a decent yield of 3.6% gross, the elevated price diminishes long-term rental viability in the current market context. Buy-and-hold The high listing price of €285,000 suggests that this investment strategy may not be advisable, as it is 38.6% overpriced compared to the fair value of €174,909. While the suburban location near Porto offers some advantages, the inflated acquisition cost limits potential returns over time. Family rental With a fair value of €174,909 and a listing price of €285,000, this property is overpriced by 38.6%, making it less attractive for family rental purposes. The average neighborhood ratings may support rental demand, but the high purchase price erodes potential profitability for families seeking long-term accommodations.
Economic Vulnerability The property has a moderate economic stability score of 65/100, indicating potential susceptibility to economic downturns that could affect returns.