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.
6-bedroom, 2-bathroom house of 210 m², built in 1951, energy rating D. Located on avenida Central de Broalhos, Melres e Medas parish, Gondomar municipality, Porto district. Location: Set on a 1,159 m² plot, this home features both unobstructed river views and an expansive outdoor space perfect for potential landscaping or leisure activities. Accessibility: Just 2 minutes from Porto Douro Marina, enhancing lifestyle convenience.
The valuation. The asking price of €500,000 is significantly above the fair value of €94,139, presenting a concern for potential investors. The property is overpriced by €405,861, which equates to 81.2% above its assessed worth.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Central de Broalhos | Subject | €500,000 | €2,381 | — | — | 67 |
| travessa da Areosa | Active | €435,000 | €3,783 | 58.9% | 72 | 70 |
| Rio Tinto · 90d7d9 | Active | €547,000 | €2,328 | 2.2% | 68 | 67 |
| Aguiar de Sousa · dee5d5 | Active | €900,000 | €1,903 | 20.1% | — | 66 |
| rua do Bonjardim | Active | €800,000 | €2,446 | 2.8% | 62 | 82 |
| Median comp | €673,500 | €2,387 | 0.3% | 68 | 69 |
Family rental The 6-bed house in Melres e Medas, with its 81.2% gap from fair value, is not a sensible investment for family rentals, given that it is overpriced at €500,000. Current market conditions suggest that families may seek more value-oriented options with better yield potential. Long-term rental Long-term rental as a strategy for this property is compromised, as its €500,000 asking price significantly exceeds the fair value of €94,139, indicating it is overpriced. The 0% gross yield further points to a lack of rental viability, making this an unattractive long-term hold. Buy-and-hold Pursuing a buy-and-hold strategy with this property is ill-advised due to its substantial 81.2% overvaluation compared to fair market value. With an unfavorable condition score of 0/100 and no gross yield, it does not present a solid investment opportunity for appreciation over time.
Tenant turnover risk With a Tenant stability score of 62/100, there is a significant probability of higher tenant turnover, which could lead to increased vacancy periods and decreased rental income.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
