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 70 m², built in 1953. Located on rua Portocarreiro, Ermesinde parish, Valongo municipality, Porto district. Noteworthy Features: The property boasts two fronts that enhance brightness and ventilation, and includes a private terrace, offering a rare outdoor space in this residential neighborhood.
The valuation. The asking price of €190,000 is significantly above the fair value of €70,685, creating a gap of €119,315 (62.8%). This property is overpriced and may not attract buyers at this price point.
Fair value modelled at €70,685 from the area baseline, adjusted for condition and location. Asking €190,000 sits €119,315 (62.8%) above — overpriced versus fair value.
Asking €190,000 versus the rua Portocarreiro area baseline of €98,000 (€1,400/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 43/100 (Condition 40 · Materials 45 · Room dimensions 45). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 71/100 (Housing Market 80 · Amenities 65 · Economic 75 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua Portocarreiro
Area baseline €98,000 + condition -€35,547 + location +€8,232 = modelled fair value of €70,685 (€1,010/m²), a €119,315 (62.8%) gap versus the €190,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Portocarreiro | Subject | €190,000 | €2,714 | — | 40 | 71 |
| Alfena · b453c7 | Active | €350,000 | €1,750 | 35.5% | 60 | 68 |
| rua 25 de Abril, 36 | Active | €320,000 | €4,571 | 68.4% | — | 71 |
| rua Dom António Castro Meireles | Active | €350,000 | €2,201 | 18.9% | 58 | 65 |
| Águas Santas · 0017ef | Active | €469,000 | €1,804 | 33.5% | 60 | 67 |
| Median comp | €350,000 | €2,003 | 26.2% | 60 | 68 |
Long-term rental This property, with a listing price of €190,000, presents a significant gap of 62.8% from its fair value of €70,685, indicating it is overpriced. The gross yield of 5.6% is below the expectations typically seen in less overpriced markets, reducing its attractiveness for long-term rental strategies. Buy-and-hold Investing in this property for a buy-and-hold strategy would be ill-advised given its fair value disparity and current pricing of €190,000, which is 62.8% above fair value. This significant overvaluation undermines the potential for capital appreciation and long-term equity building. Family rental Despite being positioned in a neighbourhood with a decent rating of 71/100, the property is overpriced at €190,000, which is 62.8% above its fair value of €70,685, making it an unsuitable option for family rentals. The high asking price detracts from the viability of this strategy, as potential tenants may find more reasonably priced alternatives in the vicinity.
Potential tenant turnover risk The tenant stability score of 65/100 indicates a relatively high chance of tenant turnover, which can lead to increased vacancy rates and associated costs for the property owner.
