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.
4-bedroom, 3-bathroom house of 205 m², energy rating D. Located on rua de Miramar, Lordelo do Ouro e Massarelos parish, Porto municipality, Porto district. Noteworthy Features: The property includes three covered balconies, enhancing outdoor living and views, and features an automated garage door for added convenience.
The valuation. The asking price of €495,000 is significantly below the fair value of €742,782, representing an undervaluation of €247,782 (50.1%). This presents a substantial opportunity for a savvy investor. Buy-to-flip angle. With the current condition rated 75/100, cosmetic updates could yield a profitable flip, leveraging the underpriced nature of the property for a quick resale. A targeted renovation can enhance market appeal and value. Buy-to-let angle. Given the gross yield of 8.1%, the estimated rental income of €3,341/month aligns with the high demand for rental properties in Porto. This strategy ensures a steady cash flow and capital appreciation potential over time.
Fair value modelled at €742,782 from the area baseline, adjusted for condition and location. Asking €495,000 sits €247,782 (50.1%) below — the upside to fair value.
Asking €495,000 versus the rua de Miramar area baseline of €672,810 (€3,282/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 70 · Materials 80 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 76/100 (Housing Market 80 · Amenities 75 · Economic 80 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua de Miramar
Area baseline €672,810 + condition +€0 + location +€69,972 = modelled fair value of €742,782 (€3,623/m²), a €247,782 (50.1%) gap versus the €495,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua de Miramar | Subject | €495,000 | €2,415 | — | 70 | 76 |
| Canidelo · 96c1f5 | Active | €539,500 | €1,746 | 27.7% | 75 | 75 |
| Canidelo · 6d5360 | Active | €730,000 | €2,378 | 1.5% | 75 | 72 |
| avenida da França, 839 | Active | €795,000 | €2,246 | 7.0% | 65 | 77 |
| Canidelo · 4bba34 | Active | €549,000 | €1,777 | 26.4% | 71 | 69 |
| Median comp | €639,500 | €2,012 | 16.7% | 73 | 74 |
Long-term rental The property in Lordelo do Ouro e Massarelos is poised for strong long-term rental demand due to its central location and robust amenities, achieving an attractive gross yield of 8.1%. With a fair value significantly exceeding the listing price by 50.1%, this investment presents a compelling opportunity for stable cash flow. Student housing Given the proximity to universities and public transport, this 4-bed house is well-suited for the student housing market, benefiting from a consistent influx of tenants. The below-market price offers a strategic entry point to capture the lucrative student rental segment. Buy-and-hold Investing in this property as a buy-and-hold opportunity aligns well with the overall economic stability of the Porto area, particularly in the desirable Lordelo do Ouro e Massarelos neighborhood. The substantial gap from fair value suggests significant appreciation potential, making it a strategic addition to any long-term real estate portfolio.
Tenant turnover risk Higher tenant turnover is a concern due to the relatively low tenant stability score of 70/100, potentially resulting in increased vacancy rates and costs.