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 123 m², built in 2005. Located on avenida Doutor Fernando Melo, Valongo parish, Valongo municipality, Porto district. Noteworthy Features: This apartment offers unobstructed views of the garden and playground, complemented by an excellent solar exposure due to its front-facing orientation on a main avenue.
The valuation. The asking price of €260,000 sits €72,118 or 27.7% above the fair value of €187,883, indicating the property is overpriced. Buyers should approach with caution due to this significant discrepancy.
Fair value modelled at €187,883 from the area baseline, adjusted for condition and location. Asking €260,000 sits €72,118 (27.7%) above — overpriced versus fair value.
Asking €260,000 versus the avenida Doutor Fernando Melo area baseline of €172,200 (€1,400/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 (Condition 73 · Materials 78 · Room dimensions 75). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 75/100 (Housing Market 75 · Amenities 75 · Economic 70 · Tenant Quality 80). Strong amenities and housing-market momentum support a premium to baseline.
avenida Doutor Fernando Melo
Area baseline €172,200 + condition -€1,537 + location +€17,220 = modelled fair value of €187,883 (€1,528/m²), a €72,118 (27.7%) gap versus the €260,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Doutor Fernando Melo | Subject | €260,000 | €2,114 | — | 73 | 75 |
| rua Doctor Manuel Arriaga | Active | €285,000 | €1,863 | 11.9% | 78 | 62 |
| rua Cidade de Trelazé | Active | €275,000 | €2,331 | 10.3% | 75 | 71 |
| rua São Brás | Active | €265,000 | €2,366 | 11.9% | 73 | 73 |
| Baguim do Monte (Rio Tinto) · 0016d8 | Active | €253,000 | €2,181 | 3.2% | 72 | 75 |
| Median comp | €270,000 | €2,256 | 6.7% | 74 | 72 |
Long-term rental The current listing price of €260,000 indicates that the property is overpriced by 27.7%, making it less attractive for long-term rental strategies, especially with a gross yield of only 4.2%. The combination of the relatively high price and average condition suggests limited potential for strong demand among tenants. Buy-and-hold With the property's fair value at €187,883, the asking price presents a significant gap that diminishes its appeal as a buy-and-hold investment, making it difficult to achieve satisfactory returns. Given the current market dynamics and an average neighborhood condition, the potential for capital appreciation appears constrained. Family rental Although the property has a decent condition score of 74/100 and is located in a suburban area with lower crime rates, the 27.7% price premium makes it an overpriced option for family rentals. The asking price may deter families looking for affordable housing options in a community with average amenities and tenant quality.
Economic Vulnerability The economic stability score of 70/100 indicates a moderate level of risk that could affect tenant retention and rental income stability.
