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, 1-bathroom house of 80 m², built in 2005. Located Paredes de Viadores e Manhuncelos parish, Marco de Canaveses municipality, Porto district. Noteworthy Features: This house benefits from an independent garage that can easily be transformed into a workshop or additional storage space, enhancing its functional utility.
The valuation. The asking price of €235,000 is significantly above the fair value of €24,522, indicating that the property is overpriced by €210,478, or 89.6% more than its fair market valuation. Buy-to-flip angle. A resale strategy would focus on identifying renovations that could increase the property's value, despite the initial high price, but the potential for profit is severely limited due to the significant markup. Buy-to-let angle. With an estimated monthly rental income of €490, the gross yield reaches 2.5%, making the long-term rental strategy potentially unappealing given the already inflated asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Paredes de Viadores e Manhuncelos · 6fbe1a | Subject | €235,000 | €2,938 | — | — | 64 |
| Rio de Moinhos · 937577 | Active | €225,000 | €2,586 | 12.0% | 72 | 62 |
| Salvador do Monte · 90d925 | Active | €280,000 | €1,657 | 43.6% | 70 | 61 |
| Valadares · 93747e | Active | €105,000 | €1,981 | 32.6% | — | 57 |
| Penafiel · f36642 | Active | €160,000 | €1,538 | 47.6% | 60 | 64 |
| Median comp | €192,500 | €1,819 | 38.1% | 70 | 62 |
Long-term rental The property’s gross yield of 2.5% indicates that it may not generate significant cash flow for long-term rental purposes. Additionally, with a fair value gap of 89.6%, the investment is clearly overpriced relative to market expectations. Family rental While the suburban location near Porto could attract families, the property’s current condition rating of 0/100 is a major deterrent. Ultimately, with such a high gap versus fair value, it is overpriced, limiting its appeal in the family rental market. Value-add renovation The property presents a significant opportunity for value-add renovations, yet the starting point is hindered by its current poor condition. Nonetheless, the stark 89.6% gap from fair value suggests that the purchase price is overwhelmingly overpriced, which could impose constraints on renovation profitability.
Economic Volatility Risk The economic stability score of 60 indicates potential concerns with fluctuating market conditions that could impact property value and rental income stability.
