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, 2-bathroom apartment of 136 m², built in 1982, energy rating C. Located on rua Manuel Bandeira, Lordelo do Ouro e Massarelos parish, Porto municipality, Porto district. Noteworthy Features: The apartment boasts a stylish independent laundry area, enhancing functionality, and electric heating throughout, ensuring comfort during colder months in the prestigious Lordelo do Ouro e Massarelos district.
The valuation. The asking price of €550,000 sits €45,071 (8.2%) above the fair value of €504,929, indicating that the property is overpriced. Such a valuation requires careful consideration for potential buyers in a competitive market.
Fair value modelled at €504,929 from the area baseline, adjusted for condition and location. Asking €550,000 sits €45,071 (8.2%) above — overpriced versus fair value.
Asking €550,000 versus the rua Manuel Bandeira area baseline of €483,752 (€3,557/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 75 · Materials 80 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 79/100 (Housing Market 80 · Amenities 82 · Economic 75 · Tenant Quality 80). Strong amenities and housing-market momentum support a premium to baseline.
rua Manuel Bandeira
Area baseline €483,752 + condition +€6,800 + location +€51,777 = modelled fair value of €504,929 (€3,713/m²), a €45,071 (8.2%) gap versus the €550,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Manuel Bandeira | Subject | €550,000 | €4,044 | — | 75 | 79 |
| rua Dom Cristóvão da Gama, 84 | Active | €630,000 | €5,250 | 29.8% | 72 | 74 |
| rua da Bélgica | Active | €285,000 | €3,353 | 17.1% | 76 | 63 |
| Lordelo do Ouro e Massarelos · 08ff8b | Active | €630,000 | €4,315 | 6.7% | 75 | 81 |
| rua da Bélgica | Active | €380,000 | €3,016 | 25.4% | 74 | 74 |
| Median comp | €505,000 | €3,834 | 5.2% | 75 | 74 |
Long-term rental This property is overpriced with a listing price of €550,000, which is 8.2% above the fair value of €504,929. Given the gross yield of 3.6%, long-term rental may not deliver satisfactory returns in this scenario. Buy-and-hold Investing in this 3-bed apartment does not present a favorable opportunity due to its current valuation exceeding fair value. Holding onto a property that is overpriced could lead to stagnant appreciation in a balanced market. Family rental While the neighborhood rates at 79/100 suggest it could attract families, the apartment's price at €550,000 remains above the fair value, making it a less appealing option for this strategy. A family rental in an overpriced market may struggle to achieve competitive rental rates. Not ideal for: Short-term vacation rental, Luxury market, Student housing This property is not well-suited for short-term vacation rental or luxury markets due to its high price point and current condition rating of 78/100, which may deter higher-paying tenants. Additionally, the family-oriented environment and pricing suggest it would be less competitive for student housing markets, where affordability is key.
Economic downturn risk A score of 75/100 for economic stability indicates a moderate risk of economic downturn, which could affect rental income and property value.
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