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, 3-bathroom house of 252 m², energy rating C. Located on rua Oceano Índico, 60, Valongo parish, Valongo municipality, Porto district. This townhouse features a versatile garage that can be partially converted into a naturally lit office space, enhancing functionality while maintaining aesthetic appeal.
The valuation. The asking price of €460,000 sits €70,512 (15.3%) above the fair value of €389,488, indicating the property is overpriced. This discrepancy could deter potential buyers seeking reasonable investments.
Fair value modelled at €389,488 from the area baseline, adjusted for condition and location. Asking €460,000 sits €70,512 (15.3%) above — overpriced versus fair value.
Asking €460,000 versus the rua Oceano Índico, 60 area baseline of €352,800 (€1,400/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 (Condition 75 · Materials 82 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 64/100 (Housing Market 60 · Amenities 60 · Economic 70 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua Oceano Índico, 60
Area baseline €352,800 + condition +€16,931 + location +€19,757 = modelled fair value of €389,488 (€1,546/m²), a €70,512 (15.3%) gap versus the €460,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Oceano Índico, 60 | Subject | €460,000 | €1,825 | — | 75 | 64 |
| rua das Mimosas S / N | Active | €439,500 | €1,677 | 8.1% | 79 | 72 |
| rua das Farrapeiras, 63 | Active | €539,000 | €1,614 | 11.6% | 72 | 71 |
| rua Antero de Quental | Active | €380,000 | €2,235 | 22.5% | 82 | 74 |
| rua Jornal de Notícias, 115 | Active | €449,000 | €1,879 | 2.9% | 72 | 73 |
| Median comp | €444,250 | €1,778 | 2.6% | 76 | 73 |
Long-term rental This property is priced at €460,000, which reflects a 15.3% gap above its fair value of €389,488, making it an overpriced opportunity for long-term rental investments. With a gross yield of 4.7% and a neighborhood quality rating of 64/100, the potential for significant appreciation is limited given the current valuation. Family rental The €460,000 listing price places this house 15.3% above its fair value of €389,488, indicating it is overpriced for family rental purposes. While it has a decent condition score of 79/100, the economic and amenity landscape suggests that demand may not justify the high asking price. Buy-and-hold At €460,000, this property is 15.3% above its fair value of €389,488, categorizing it as overpriced for a buy-and-hold strategy. With the gross yield at 4.7% and a neighborhood rating of 64/100, the long-term financial benefits may not compensate for the initial investment at this price point.
Economic Sensitivity Risk: With a score of 70/100 for economic stability, there is a moderate risk that economic downturns could negatively impact rental income or property value, especially when combined with a lower tenant stability score of 65/100, indicating potential issues in tenant retention or vacancy rates.