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, 3-bathroom house of 130 m², built in 1997, energy rating C. Located on jardim em Alfena, Alfena parish, Valongo municipality, Porto district. Notable Features: This house includes a separate party room benefiting from direct access to the garden, making it ideal for entertaining guests and family gatherings.
The valuation. The asking price of €398,000 is significantly higher than the fair value of €263,219, indicating an overpriced status by €134,781 (51.2%). This property does not represent a good investment opportunity at this price point.
Fair value modelled at €263,219 from 6 comparable sales in the area. Asking €398,000 sits €134,781 (51.2%) above — overpriced versus fair value.
Asking €398,000 versus the jardim em Alfena area baseline of €227,901 (€1,753/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €227,901, adjusted for condition and micro-location, gives a modelled fair value of €263,219 (€2,025/m²), a €134,781 (51.2%) gap versus the €398,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| jardim em Alfena | Subject | €398,000 | €3,062 | — | 70 | 60 |
| Ermesinde · 23f4ab | Active | €320,000 | €2,735 | 10.7% | 75 | 82 |
| travessa da Serra | Active | €449,000 | €1,403 | 54.2% | 75 | 63 |
| Folgosa · cfe22a | Active | €440,000 | €1,796 | 41.3% | 73 | 67 |
| Alfena · 99f334 | Active | €450,000 | €2,195 | 28.3% | 72 | 70 |
| Median comp | €444,500 | €1,996 | 34.8% | 74 | 69 |
Buy-and-hold The property in Alfena is overpriced at €398,000, with a significant gap of 51.2% compared to its fair value of €263,219. Despite its proximity to Porto and urban amenities, the high purchase price limits its potential for capital appreciation. Family rental While the property could serve as a family rental, its current listing price suggests it is overpriced at €398,000 compared to a fair value of €263,219. The yield of 3.7% is not compelling enough to justify the investment given the market dynamics and high valuation. Long-term rental Investing in this property as a long-term rental may not be prudent, as it is currently listed at €398,000, which is 51.2% above its fair value of €263,219. The relatively low yield of 3.7% combined with the high purchase price raises concerns about its long-term financial viability.
Economic and Tenant Instability The combined scores of 60/100 in both economic and tenant stability indicate a moderate risk of fluctuations in rental income and potential vacancies, significantly impacting overall investment returns.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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