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 151 m², built in 1937, energy rating F. Located Alpendorada, Várzea e Torrão parish, Marco de Canaveses municipality, Porto district. This property features a spacious terrace ideal for relaxation or gatherings, coupled with the potential for pool construction, all while enjoying breathtaking panoramic views of the Douro River.
The valuation. The asking price of €420,000 is significantly above the fair value of €351,783, indicating an overvaluation of €68,217 (19.4%). This property is not positioned as a good investment at its current price point.
Fair value modelled at €351,783 from 4 comparable sales in the area. Asking €420,000 sits €68,217 (19.4%) above — overpriced versus fair value.
Asking €420,000 versus the Alpendorada, Várzea e Torrão, Marco de Canaveses, Porto area baseline of €313,108 (€2,074/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 is below the parish average, reducing 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 €313,108, adjusted for condition and micro-location, gives a modelled fair value of €351,783 (€2,330/m²), a €68,217 (19.4%) gap versus the €420,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Alpendorada, Várzea e Torrão · 6226ef | Subject | €420,000 | €2,781 | — | 75 | 60 |
| Alpendorada, Várzea e Torrão · dc14d6 | Active | €420,000 | €4,242 | 52.5% | 78 | 64 |
| rua Loteamento Habitacional da Sra da Vitoria, 14 | Active | €179,970 | €1,333 | 52.1% | 70 | 66 |
| Eja · 02373a | Active | €340,000 | €2,073 | 25.5% | 58 | 59 |
| Rio de Moinhos · 937577 | Active | €225,000 | €2,586 | 7.0% | 72 | 62 |
| Median comp | €282,500 | €2,330 | 16.2% | 71 | 63 |
Long-term rental The property in Alpendorada is overpriced relative to its fair value, which suggests a limited return on investment for long-term rental. With a gross yield of only 1.3%, the rental income would fall short of justifying the elevated purchase price. Family rental This 2-bed house in Alpendorada is also not a favorable option for family rentals given its overpriced status and low yield. Families may be deterred by the high cost of rent compared to the neighborhood's average, reducing demand for this property. Buy-and-hold Investing in this property as a buy-and-hold strategy appears less appealing due to its significant gap from fair value and low yield. The ongoing costs associated with a 1.3% gross yield are unlikely to provide sufficient returns for long-term capital appreciation, given the house’s current market price.
Weak economic and tenant stability The economic stability score of 65 and tenant stability score of 60 indicate potential challenges in maintaining consistent rental income and property value appreciation.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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