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 apartment of 113 m², energy rating D. Located on rua Joaquim Moreira Pacheco, Valongo parish, Valongo municipality, Porto district. Property Highlights: Features a spacious living room with direct balcony access and an additional versatile room equipped with a built-in wardrobe, ideal for home office or guest space.
The valuation. The asking price of €322,000 is significantly above the fair value of €279,810, indicating an overpricing of €42,190 (15.1%). Buy-to-flip angle. A quick resale strategy could be employed, focusing on minor renovations to enhance appeal before marketing at a competitive price. Buy-to-let angle. With an estimated gross yield of 3.4% (~€912/month), this property presents a stable rental income opportunity in a desirable Greater Porto location.
Fair value modelled at €304,556 from 6 comparable sales in the area. Asking €312,000 sits €7,444 (2.4%) above — overpriced versus fair value.
Asking €312,000 versus the rua Joaquim Moreira Pacheco, 60 area baseline of €277,522 (€2,456/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 is above the parish average, lifting 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 €277,522, adjusted for condition and micro-location, gives a modelled fair value of €304,556 (€2,695/m²), a €7,444 (2.4%) gap versus the €312,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Joaquim Moreira Pacheco, 60 | Subject | €312,000 | €2,761 | — | 92 | 64 |
| Valongo · a8063f | Active | €255,000 | €3,188 | 15.4% | 80 | 68 |
| Campo e Sobrado · 8ee68b | Active | €249,000 | €2,541 | 8.0% | 80 | 74 |
| rua Conde Ferreira, 444 | Active | €264,000 | €2,378 | 13.9% | 75 | 69 |
| avenida Doctor Fernando Melo | Active | €259,500 | €2,519 | 8.8% | 75 | 70 |
| Median comp | €257,250 | €2,530 | 8.4% | 78 | 70 |
Long-term rental The 2-bed apartment in Valongo, priced at €322,000, exceeds its fair value of €279,810 by 15.1%, indicating it is overpriced. With a gross yield of 3.4%, the return on investment may not justify the elevated purchase price in a moderately rated neighbourhood. Family rental While the apartment's proximity to Porto enhances accessibility to amenities, its overpriced status at €322,000 compared to a fair value of €279,810 indicates a lack of affordability for family renters. The neighbourhood rating of 64/100 further highlights that the investment may struggle to attract long-term family tenants. Buy-and-hold Investing in this 2-bed apartment as a buy-and-hold strategy is questionable given its current listing price of €322,000, which is 15.1% above the fair value of €279,810. Considering a gross yield of only 3.4%, the long-term appreciation potential may not be sufficient to offset the initial overvaluation of the property.
Economic Vulnerability The property faces risks due to a moderate Economic Stability score of 65/100, indicating potential fluctuations in local economic conditions that could affect tenant demand and rental income. Tenant Instability With a Tenant Stability score of 60/100, there is a heightened risk of tenant turnover and vacancy, which may lead to inconsistent cash flow and additional costs for finding new tenants.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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