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.
1-bedroom, 2-bathroom apartment of 100 m². Located on rua Nossa Senhora da Paz, Alfena parish, Valongo municipality, Porto district. Noteworthy Features: The apartment's fireplace offers a cozy focal point in the living area, while the large balcony provides unobstructed mountain views and excellent sun exposure throughout the day.
The valuation. The asking price of €276,000 is significantly above the fair value of €150,628, representing an overpricing of €125,373 (45.4%). This discrepancy highlights the challenges in justifying the asking price in the current market conditions.
Fair value modelled at €150,628 from the area baseline, adjusted for condition and location. Asking €276,000 sits €125,373 (45.4%) above — overpriced versus fair value.
Asking €276,000 versus the rua Nossa Senhora da Paz area baseline of €140,000 (€1,400/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 (Condition 70 · Materials 76 · Room dimensions 73). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 74/100 (Housing Market 70 · Amenities 75 · Economic 70 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua Nossa Senhora da Paz
Area baseline €140,000 + condition -€2,812 + location +€13,440 = modelled fair value of €150,628 (€1,506/m²), a €125,373 (45.4%) gap versus the €276,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Nossa Senhora da Paz | Subject | €276,000 | €2,760 | — | 70 | 74 |
| rua Nossa Senhora da Paz, 332 | Active | €275,000 | €2,750 | 0.4% | 75 | 75 |
| Alfena · 6fbbdc | Active | €235,000 | €2,304 | 16.5% | 80 | 73 |
| rua Engenheiro Adelino Amaro da Costa, 28 | Active | €230,000 | €2,949 | 6.8% | 77 | 69 |
| Ermesinde · 25f56b | Active | €289,000 | €2,919 | 5.8% | 74 | 74 |
| Median comp | €255,000 | €2,835 | 2.7% | 76 | 74 |
Long-term rental The property in Alfena is overpriced with a significant gap of 45.4% compared to its fair value, leading to a gross yield of just 3.2%. This yield, paired with a condition rating of 73/100 and a neighbourhood rating of 74/100, suggests limited potential for appreciating rent over time. Buy-and-hold While the proximity to Porto offers some economic stability, the property's current price of €276,000 represents an excessive valuation against a fair value of €150,628. The investment in this buy-and-hold strategy is unlikely to yield positive returns given the apparent overpricing and lack of significant appreciation potential in the foreseeable future. Family rental Although the apartment could serve as a family rental in the suburban area, its hefty price tag makes it less appealing for long-term family tenants seeking affordable housing options. With an estimated fair value considerably lower than the listing price, the profitability of a family rental strategy appears compromised due to the property being overpriced.
Economic Vulnerability With an economic stability score of 70/100, there is a moderate risk that economic fluctuations could impact property values and rental demand in the area.