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, 2-bathroom apartment of 74 m², energy rating D. Located on rua Fonte da Luz, 194, Aldoar, Foz Do Douro e Nevogilde parish, Porto municipality, Porto district. Noteworthy features: The property includes two front-facing balconies that enhance natural light and outdoor space, and is situated within walking distance to the scenic coastline of Foz do Douro.
The valuation. The asking price of €450,000 is significantly above the fair value of €240,931, marking an overpricing of €209,069 (46.5%). This property does not represent a financially sound investment opportunity based on its valuation.
Fair value modelled at €240,931 from the area baseline, adjusted for condition and location. Asking €450,000 sits €209,069 (46.5%) above — overpriced versus fair value.
Asking €450,000 versus the rua Fonte da Luz, 194 area baseline of €242,868 (€3,282/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 54/100 (Condition 55 · Materials 50 · Room dimensions 60). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 73/100 (Housing Market 75 · Amenities 70 · Economic 80 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua Fonte da Luz, 194
Area baseline €242,868 + condition -€24,281 + location +€22,344 = modelled fair value of €240,931 (€3,256/m²), a €209,069 (46.5%) gap versus the €450,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Fonte da Luz, 194 | Subject | €450,000 | €6,081 | — | 55 | 73 |
| rua Fonte da Luz | Active | €450,000 | €6,081 | 0% | 62 | 69 |
| avenida Serpa Pinto | Active | €359,000 | €4,080 | 32.9% | 55 | 67 |
| Ramalde · ba5b28 | Active | €360,000 | €2,880 | 52.6% | 62 | 76 |
| rua Diogo Botelho, 137 | Active | €370,000 | €4,111 | 32.4% | 55 | 71 |
| Median comp | €365,000 | €4,096 | 32.7% | 59 | 70 |
Long-term rental This property presents no potential for gross rental yield given its current pricing, making it an ineffective investment for long-term generating income. Additionally, its condition rating of 54/100 indicates it may require significant maintenance, further reducing profitability. Short-term vacation rental The significant gap of 46.5% from the fair value suggests this property is overpriced, thus making it unlikely to provide a solid return as a short-term vacation rental. The lack of gross yield also raises concerns about the investment's viability in the competitive short-term rental market. Buy-and-hold Considering the current valuation far exceeds the fair value, this buy-and-hold strategy may not yield the expected appreciation over time, making it a poor risk-adjusted investment. With zero gross yield and a mediocre condition, the prospects for this strategy appear bleak. Not ideal for The property is not suitable for rural development, industrial warehousing, or agricultural ventures due to its urban location and the high valuation hindering adaptability for such uses.
Tenant turnover risk The tenant stability score of 65/100 indicates a potential for higher turnover rates, which could lead to increased vacancy periods and associated costs.
