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, 2-bathroom house of 72 m² on the 1st floor, built in 1980, energy rating D. Located Alfena parish, Valongo municipality, Porto district. Noteworthy Features: The property features a sunroom that enhances natural light and provides a pleasant view, along with three street-facing fronts for added privacy.
The valuation. The asking price of €128,000 is considerably higher than the fair value of €90,867, indicating an overvaluation of €37,133 (40.9%). This suggests that buyers might want to negotiate based on market realities.
Fair value modelled at €90,867 from 6 comparable sales in the area. Asking €128,000 sits €37,133 (40.9%) above — overpriced versus fair value.
Asking €128,000 versus the Alfena, Valongo, Porto area baseline of €85,488 (€1,187/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 59/100 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 €85,488, adjusted for condition and micro-location, gives a modelled fair value of €90,867 (€1,262/m²), a €37,133 (40.9%) gap versus the €128,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Alfena · 62292f | Subject | €128,000 | €1,778 | — | 60 | 60 |
| Ermesinde · e40b29 | Active | €160,000 | €865 | 51.4% | 35 | 73 |
| rua da Fonte S / N | Active | €419,000 | €1,262 | 29.0% | 72 | 74 |
| rua da Fonte | Active | €419,000 | €1,262 | 29.0% | 70 | 74 |
| rua 31 de Janeiro, 360 | Active | €250,000 | €1,073 | 39.6% | 40 | 77 |
| Median comp | €334,500 | €1,168 | 34.3% | 55 | 74 |
Long-term rental Despite a gross yield of 9.8%, the property at €128,000 is overpriced by 40.9% compared to its fair value of €90,867, indicating that the rental income may not adequately cover the elevated acquisition cost. This overvaluation, combined with a moderate neighborhood quality score of 60/100, raises concerns about the long-term viability of investment returns in the current market. Buy-and-hold While the gross yield appears attractive at 9.8%, the significant gap to fair value cautions against long-term holding of a property listed at €128,000, as it exceeds its justified worth by 40.9%. Additionally, the property’s condition rating of 59/100 in a neighborhood with limited appeal could hinder future appreciation and profitability in a buy-and-hold strategy.
Tenant turnover risk The tenant stability score of 50/100 indicates a potential for high turnover, which may result in increased vacancy rates and associated costs for the property.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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