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.
2-bedroom, 2-bathroom apartment of 90 m², built in 2001, energy rating C. Located on rua da Estrada Velha, 182, Valongo parish, Valongo municipality, Porto district. Noteworthy Feature: This apartment's private condominium offers enhanced security and access to communal green spaces, providing a tranquil environment amidst urban convenience.
The valuation. The asking price of €285,000 is significantly above fair value, which sits at €136,959, reflecting an overpriced status of €148,041 (51.9%).\n\nBuy-to-flip angle. The buy-to-flip strategy would require significant renovations to attract buyers, likely necessitating capital improvements given the high asking price.\n\nBuy-to-let angle. The rental income potential appears limited with a gross yield of 3.5%, translating to an estimated €831/month, indicating a moderate cash flow scenario.
Fair value modelled at €136,959 from the area baseline, adjusted for condition and location. Asking €285,000 sits €148,041 (51.9%) above — overpriced versus fair value.
Asking €285,000 versus the rua da Estrada Velha, 182 area baseline of €126,000 (€1,400/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 75 · Materials 78 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 67/100 (Housing Market 70 · Amenities 65 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua da Estrada Velha, 182
Area baseline €126,000 + condition +€2,391 + location +€8,568 = modelled fair value of €136,959 (€1,522/m²), a €148,041 (51.9%) gap versus the €285,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Estrada Velha, 182 | Subject | €285,000 | €3,167 | — | 75 | 67 |
| Valongo · 956e91 | Active | €289,900 | €2,457 | 22.4% | 75 | 66 |
| rua Doutor Armando José Pereira Tavares | Active | €280,000 | €2,240 | 29.3% | 68 | 70 |
| Fânzeres e São Pedro da Cova · 49b95b | Active | €270,000 | €3,333 | 5.3% | 75 | 65 |
| rua Alto de Barreiros | Active | €268,000 | €2,459 | 22.4% | 77 | 73 |
| Median comp | €275,000 | €2,458 | 22.4% | 75 | 68 |
Long-term rental This 2-bed apartment in Valongo presents an overpriced opportunity, listed at €285,000 compared to a fair value of €136,959, signifying a substantial 51.9% gap. With a gross yield of 3.5% and an overall condition rating of 77, the investment may not deliver optimal returns relative to its cost. Family rental Priced at €285,000, this property far exceeds its fair value of €136,959, resulting in a significant gap of 51.9% that suggests it is overpriced for family rental purposes. The decent condition rating of 77 indicates it could attract tenants, but the premium price reduces competitiveness in the family rental market. Buy-and-hold The property’s listing price of €285,000 against a fair value of €136,959 marks a 51.9% disparity, categorizing this 2-bed apartment as overpriced for a buy-and-hold investment strategy. While the apartment's gross yield of 3.5% demonstrates potential for income, the high acquisition cost hampers the feasibility of sustained capital appreciation. Not ideal for: Short-term vacation rental, Student housing, Luxury market
Potential Tenant Turnover The economic stability score of 65 and tenant stability score of 70 suggest a moderate risk of tenant turnover, which could impact cash flow.