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 apartment of 91 m², built in 1994, energy rating D. Located on rua Pedro Homem de Melo, Águas Santas parish, Maia municipality, Porto district. Noteworthy Features: This apartment boasts unobstructed views enhancing natural light, and the building's CAPOTO insulation provides energy efficiency improvements beyond standard ratings.
The valuation. The asking price of €230,000 significantly exceeds the fair value of €127,153, representing an overvaluation of €102,847 (44.7%). This property is not recommended for investment based on its inflated price relative to market conditions.
Fair value modelled at €127,153 from the area baseline, adjusted for condition and location. Asking €230,000 sits €102,847 (44.7%) above — overpriced versus fair value.
Asking €230,000 versus the rua Pedro Homem de Melo area baseline of €229,684 (€2,524/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 (Condition 71 · Materials 66 · Room dimensions 75). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 71/100 (Housing Market 70 · Amenities 70 · Economic 75 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Pedro Homem de Melo
Area baseline €229,684 + condition -€10,948 + location +€10,702 = modelled fair value of €127,153 (€1,397/m²), a €102,847 (44.7%) gap versus the €230,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Pedro Homem de Melo | Subject | €230,000 | €2,527 | — | 71 | 71 |
| Cidade da Maia · 96c695 | Active | €278,500 | €3,094 | 22.4% | 70 | 80 |
| rua Pedro Homem de Melo | Active | €230,000 | €2,771 | 9.6% | 65 | 71 |
| rua Bento de Jesus Caraça | Active | €219,000 | €3,129 | 23.8% | — | 68 |
| travessa Santegãos | Active | €228,000 | €3,508 | 38.8% | 80 | 75 |
| Median comp | €229,000 | €3,112 | 23.1% | 70 | 73 |
Long-term rental With a gross yield of 4.2%, the long-term rental potential of this 2-bed apartment in Águas Santas appears limited given its substantial 44.7% gap from fair value at €230,000. Investors should be cautious, as the property is overpriced, potentially limiting the return on investment. Buy-and-hold Holding this property is unlikely to yield significant capital appreciation due to its current valuation being 44.7% above fair value at €230,000. The overpriced nature of this asset raises concerns about long-term value creation in the suburban Maia market. Family rental While the apartment could serve as a family rental in a suburban area with reasonable amenities, its valuation at €230,000 reflects a 44.7% premium over fair value. This overpriced status may deter potential tenants, impacting rental occupancy rates.
Economic downturn impact The property may be susceptible to economic downturns, with an economic stability score of 75 and a tenant stability score of 70 indicating moderate resilience to market fluctuations.
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