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, 0-bathroom house of 108 m², energy rating F. Located on rua de Meinedo, Aldoar, Foz Do Douro e Nevogilde parish, Porto municipality, Porto district. Unique Feature: The house features a kitchen with direct access to a backyard, allowing for versatile outdoor living and entertaining opportunities, despite its need for renovation.
The valuation. The asking price of €420,000 is significantly above the fair value of €335,328, representing an overpriced status of €84,672 (20.2%). Such a valuation indicates limited potential for immediate capital gains.
Fair value modelled at €335,328 from the area baseline, adjusted for condition and location. Asking €420,000 sits €84,672 (20.2%) above — overpriced versus fair value.
Asking €420,000 versus the rua de Meinedo area baseline of €395,172 (€3,659/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 44/100 (Condition 45 · Materials 45 · Room dimensions 45). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 74/100 (Housing Market 70 · Amenities 70 · Economic 75 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua de Meinedo
Area baseline €395,172 + condition -€53,156 + location +€34,028 = modelled fair value of €335,328 (€3,105/m²), a €84,672 (20.2%) gap versus the €420,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua de Meinedo | Subject | €420,000 | €3,889 | — | 45 | 74 |
| Lordelo do Ouro e Massarelos · 4a80fd | Active | €350,000 | €4,605 | 18.4% | 15 | 73 |
| rua de Bitarães, 66 | Active | €690,000 | €5,476 | 40.8% | — | 72 |
| Matosinhos e Leça da Palmeira · 96c673 | Active | €395,000 | €2,324 | 40.3% | 25 | 64 |
| rua das Pereiras, 34 | Active | €355,000 | €2,689 | 30.8% | — | 74 |
| Median comp | €375,000 | €3,647 | 6.2% | 20 | 73 |
Long-term rental Given the high listing price of €420,000, which is 20.2% above the fair value, this property is not positioned as an attractive option for long-term rental investments. The gross yield of 4.8% does not sufficiently compensate for the initial purchase cost and potential maintenance issues, especially with a condition rating of 44/100. Family rental While the suburban setting provides a stable environment ideal for family living, the significant gap between the listing price and fair value indicates that this property is overpriced at €420,000. As family demand often looks for value, the current yield and pricing may deter potential renters who seek better options in the market. Buy-and-hold The buy-and-hold strategy may seem appealing in a market with steady economic and demographic trends, but the property’s listing price is 20.2% above fair value, resulting in it being overpriced at €420,000. Without substantial improvements to its condition, the potential for long-term capital appreciation is diminished, limiting the investment’s attractiveness in the long run.
Economic and Tenant Instability The property has a combined economic and tenant stability score of 75/100, indicating a moderate risk due to potential fluctuations in the local economy or tenant turnover.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Login Required
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Free — sign in to request
