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 195 m², built in 1992, energy rating C. Located on rua da Devesa, Vila Nova da Telha parish, Maia municipality, Porto district. Noteworthy Features: The property boasts a terrace equipped with a barbecue, perfect for outdoor entertaining, and an attic that offers flexible use as an office or leisure space.
The valuation. The asking price of €395,000 is significantly above fair value, which is set at €348,391, resulting in a discrepancy of €46,609 (13.4%). This indicates that the property is overpriced. Buy-to-flip angle. A resale strategy could capitalize on the property's modern fixtures and desirable location, targeting potential buyers seeking a family home in Vila Nova da Telha. Quick renovations may enhance profitability. Buy-to-let angle. A buy-to-let strategy offers an estimated monthly rental income of €1,448, yielding a gross annual return of 4.4%. The property’s attractive features and suburban location enhance its appeal to long-term tenants.
Fair value modelled at €348,391 from 6 comparable sales in the area. Asking €395,000 sits €46,609 (13.4%) above — overpriced versus fair value.
Asking €395,000 versus the rua da Devesa area baseline of €338,518 (€1,736/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 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 €338,518, adjusted for condition and micro-location, gives a modelled fair value of €348,391 (€1,787/m²), a €46,609 (13.4%) gap versus the €395,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Devesa | Subject | €395,000 | €2,026 | — | 72 | 71 |
| Perafita, Lavra e Santa Cruz do Bispo · 483d44 | Active | €499,000 | €1,692 | 16.5% | 74 | 71 |
| rua de Mosteiró | Active | €350,000 | €1,882 | 7.1% | 75 | 62 |
| Moreira · 4a425c | Active | €480,000 | €828 | 59.1% | 62 | 68 |
| rua de Pinto Bessa, 280 | Active | €595,000 | €1,970 | 2.7% | 75 | 63 |
| Median comp | €489,500 | €1,787 | 11.8% | 75 | 66 |
Long-term rental The 3-bed house in Vila Nova da Telha, currently listed at €395,000, is overpriced compared to its fair value of €348,391, indicating a significant overvaluation of 13.4%. With a gross yield of 4.4%, this property may struggle to attract long-term tenants who are seeking better value in the local market. Family rental Although this property could be appealing for family rentals due to its size and decent local amenities, the price of €395,000 far exceeds its fair value of €348,391, categorizing it as overpriced. Consequently, families may opt for more reasonably priced housing options within the suburban area known for good livability. Buy-and-hold The house in Vila Nova da Telha, priced at €395,000 yet fairly valued at €348,391, represents an overpriced asset that may not yield satisfactory long-term returns. Investors should consider that the 4.4% gross yield does not adequately compensate for the initial cost and could deter future interest in buy-and-hold strategies. Not ideal for short-term vacation rental Given the overpricing of the property at €395,000 compared to its fair value, it is unlikely to provide the competitive returns necessary for a successful short-term vacation rental strategy. The suburban location, while livable, does not draw the tourism needed to justify such a premium. Not ideal for student housing The current asking price of €395,000 far exceeds the fair value and thus positions the property as overpriced, which makes it an unappealing option for student housing. The demographics of the immediate area are not conducive to high demand for rental spaces among students, further compounding this issue.
Economic Dependency Risk: With both economic stability and tenant stability scores at 70/100, there is a risk of significant impact on rental income during economic downturns due to potential tenant turnover or inability to pay rent.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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