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.
4-bedroom, 5-bathroom country_house of 600 m², built in 1937, energy rating F. Located on rua do Alegrete, 226, Recarei parish, Paredes municipality, Porto district. Noteworthy Features: The property features a unique tower with a porch, offering panoramic views of the serene natural landscape, along with an expansive lake and leisure areas amidst olive and fruit trees.
The valuation. The asking price of €1,100,000 is significantly above the fair value of €840,165, placing it at €259,835 (23.6%) overpriced, which may deter potential buyers.
Fair value modelled at €840,165 from the area baseline, adjusted for condition and location. Asking €1,100,000 sits €259,835 (23.6%) above — overpriced versus fair value.
Asking €1,100,000 versus the rua do Alegrete, 226 area baseline of €891,000 (€1,485/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 (Condition 68 · Materials 75 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 64/100 (Housing Market 70 · Amenities 65 · Economic 60 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
rua do Alegrete, 226
Area baseline €891,000 + condition -€46,875 + location +€47,040 = modelled fair value of €840,165 (€1,400/m²), a €259,835 (23.6%) gap versus the €1,100,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Alegrete, 226 | Subject | €1,100,000 | €1,833 | — | 68 | 64 |
| rua São Roque da Lameira, 382 | Active | €395,000 | €2,687 | 46.6% | 80 | 71 |
| avenida D. Manuel II | Active | €850,000 | €1,453 | 20.7% | 75 | 74 |
| Gondomar (São Cosme), Valbom e Jovim · 25f78c | Active | €380,000 | €1,818 | 0.8% | 75 | 73 |
| rua Ramalho Ortigão | Active | €475,000 | €1,599 | 12.8% | 68 | 77 |
| Median comp | €435,000 | €1,709 | 6.8% | 75 | 74 |
Long-term rental The property in Recarei is not ideal for long-term rental due to its significant overpricing of 23.6% above fair value, resulting in a gross yield of 0%. Furthermore, with a condition rating of 70/100 and a neighborhood score of 64/100, it presents challenges in attracting reliable tenants in a competitive market. Family rental As a family rental, this property’s listing price of €1,100,000 reflects a considerable surplus over its fair value, which may deter potential renters. The combined scores of 70 and 64 for condition and neighborhood respectively indicate limited appeal for families seeking value for their investment. Buy-and-hold The buy-and-hold strategy is hindered by the property being overpriced by 23.6%, offering no gross yield and limiting potential appreciation. The neighborhood and condition ratings suggest that holding this property long-term may not yield the desired returns in a suburban market where value is crucial. Not ideal for short-term vacation rental, luxury market, or student housing Given its high price and low yield, the property is unsuitable for short-term vacation rentals, which thrive on value and affordability for guests. Additionally, the luxury market and student housing options are both compromised by its overvalued status and less than optimal neighborhood conditions.
Economic and Tenant Stability Risk The property has both economic and tenant stability scores of 60/100, indicating a moderate risk of fluctuations in income and occupancy levels, potentially affecting investment returns negatively.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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