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, 2-bathroom house of 57 m², built in 1986. Located Negrelos (São Mamede) parish, Santo Tirso municipality, Porto district. This property includes a substantial 110m² plot with adaptable outbuildings, providing significant opportunities for expansion or additional storage space.
The valuation. The asking price of €160,000 is significantly above the fair value of €87,019, resulting in an overpriced assessment by €72,981, or 83.9%. Buy-to-flip angle. Given the high purchase price, flipping for a profit may be challenging given the local market dynamics. Buy-to-let angle. With an estimated gross yield of 3.4% and monthly rental income around €453, this property may serve well for long-term family rentals despite the higher investment.
Fair value modelled at €87,019 from 6 comparable sales in the area. Asking €160,000 sits €72,981 (83.9%) above — overpriced versus fair value.
Asking €160,000 versus the Negrelos (São Mamede), Santo Tirso, Porto area baseline of €110,042 (€1,931/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 51/100 is below the parish average, reducing fair value versus a typical-condition unit.
Recent nearby listings price below the wider parish average — a hyper-local discount distinct from the parish baseline.
Base gap of €110,042, adjusted for condition and micro-location, gives a modelled fair value of €87,019 (€1,527/m²), a €72,981 (83.9%) gap versus the €160,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Negrelos (São Mamede) · 4390b0 | Subject | €160,000 | €2,807 | — | 55 | 57 |
| Negrelos (São Mamede) · 93891e | Active | €190,000 | €1,827 | 34.9% | — | 68 |
| rua Santo André, 364 | Active | €165,000 | €1,571 | 44.0% | 33 | 63 |
| Rebordões · e40b13 | Active | €225,000 | €1,891 | 32.6% | 72 | 65 |
| rua de Chãos | Active | €409,000 | €1,482 | 47.2% | — | 63 |
| Median comp | €207,500 | €1,699 | 39.5% | 53 | 64 |
Long-term rental Given the property’s current price of €160,000 versus a fair value of only €87,019, this investment is notably overpriced, which could hinder long-term rental profitability. With a gross yield of 3.4% and a condition rating of 51/100, the potential returns are inadequate compared to market expectations. Buy-and-hold Despite being in a suburban area near Porto with reasonable regional demand, the property’s listing price places it significantly above fair market value, classifying it as overpriced. Investors looking for a buy-and-hold strategy should be cautious as the potential for appreciation may not compensate for the high entry cost. Family rental While the property is located in a community-oriented area, its 83.9% gap from fair value indicates it is overpriced, which could deter families seeking reasonable rental options. The combined rating of 57/100 for the neighborhood and property condition suggests limited appeal in the family rental market due to higher overall costs for renters.
Economic vulnerability The property faces a potential risk due to its economic stability score of 60/100, indicating a moderate economic climate that may affect long-term investment returns. Tenant turnover risk With a tenant stability score of 55/100, there is a heightened risk of frequent tenant turnover, which can lead to increased vacancy rates and loss of 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
