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, 1-bathroom apartment of 116 m², built in 1993, energy rating D. Located on rua Paz, 81, Alfena parish, Valongo municipality, Porto district. Noteworthy Features: The apartment includes a designated parking space and benefits from proximity to Cabêda Train Station, enhancing daily commute convenience.
The valuation. The asking price of €239,000 is significantly above the fair value of €164,865, sitting €74,135 or 31.0% higher. This indicates that the property is overpriced and may require reevaluation for serious buyers.
Fair value modelled at €164,865 from the area baseline, adjusted for condition and location. Asking €239,000 sits €74,135 (31.0%) above — overpriced versus fair value.
Asking €239,000 versus the rua Paz, 81 area baseline of €253,112 (€2,182/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 (Condition 70 · Materials 68 · Room dimensions 67). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 75/100 (Housing Market 76 · Amenities 74 · Economic 80 · Tenant Quality 74). Strong amenities and housing-market momentum support a premium to baseline.
rua Paz, 81
Area baseline €253,112 + condition -€13,775 + location +€16,240 = modelled fair value of €164,865 (€1,421/m²), a €74,135 (31.0%) gap versus the €239,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Paz, 81 | Subject | €239,000 | €2,060 | — | 70 | 75 |
| Ermesinde · 6d518f | Active | €329,000 | €2,350 | 14.1% | 75 | 73 |
| rua São Lourenço | Active | €259,000 | €2,421 | 17.5% | 70 | 71 |
| rua Sol, 139 | Active | €233,000 | €2,178 | 5.7% | 70 | 75 |
| rua Ilha de Moçambique, 160 | Active | €249,000 | €2,128 | 3.3% | 70 | 72 |
| Median comp | €254,000 | €2,264 | 9.9% | 70 | 73 |
Long-term rental The 3-bed apartment in Alfena is priced at €239,000, which is 31.0% above its fair value of €164,865, indicating it is overpriced for a long-term rental strategy. With a gross yield of 0%, the investment does not offer sustainable income potential, making it less appealing for long-term rental investors. Family rental Despite being in a reputable suburban area with a neighborhood rating of 75/100, the apartment's listing price exceeds its fair value by 31.0%, rendering it overpriced for family rental prospects. The condition score of 67/100 suggests additional costs may be required to make it appealing to families, further detracting from its attractiveness as a family rental. Buy-and-hold The price of €239,000, which is significantly above the fair value of €164,865, means this property is overpriced for a buy-and-hold investment strategy. The lack of gross yield, combined with the potential for stagnant appreciation in an overpriced market, diminishes its viability as a long-term investment asset.
Economic Sensitivity With an economic stability score of 80/100, any downturn could lead to decreased demand, impacting rental income and property value. Tenant Turnover Risk A tenant stability score of 74/100 suggests a moderate risk of tenant turnover, which may increase vacancy rates and associated costs.
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