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 105 m² on the 2nd floor, built in 2003, energy rating D. Located on travessa de São Brás, 35, Macieira da Maia parish, Vila do Conde municipality, Porto district. This property features a private parking space and closed storage, enhancing convenience for urban living while providing extra space for belongings.
The valuation. The asking price of €270,000 is above the fair value of €246,973, representing a difference of €23,027 (9.3%). The property is thus considered to be priced fairly.
Fair value modelled at €246,973 from 6 comparable sales in the area. Asking €270,000 sits €23,027 (9.3%) above — overpriced versus fair value.
Asking €270,000 versus the travessa de São Brás, 35 area baseline of €259,483 (€2,471/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 63/100 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 €259,483, adjusted for condition and micro-location, gives a modelled fair value of €246,973 (€2,352/m²), a €23,027 (9.3%) gap versus the €270,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| travessa de São Brás, 35 | Subject | €270,000 | €2,571 | — | 65 | 64 |
| rua Central de Vairão, 130 | Active | €239,000 | €2,343 | 8.9% | 70 | 71 |
| rua do Monte e Novo Arruamento | Active | €170,000 | €2,361 | 8.2% | 68 | 69 |
| rua do Salteiro | Active | €320,000 | €2,602 | 1.2% | 78 | 75 |
| Fajozes · 3894a7 | Active | €299,000 | €3,602 | 40.1% | 86 | 70 |
| Median comp | €269,000 | €2,482 | 3.5% | 74 | 71 |
Long-term rental The property offers a fair market value, making it a stable option for long-term rental, although current yields are non-existent. Given the apartment's location near Porto and reasonable access to amenities, it may attract reliable tenants despite the moderate neighborhood ratings. Family rental With its size and neighborhood features, this 2-bed apartment is suitable for family rentals; however, the fair valuation indicates limited upside. The property can meet the needs of families looking for spacious living in a suburban setting, but its competitiveness in the rental market may be affected. Value-add renovation While the property is not fundamentally undervalued, a value-add renovation strategy could enhance appeal and potential rental returns. Improving the apartment's condition could attract higher-quality tenants and address the current below-average neighborhood ratings, although it is crucial to weigh renovation costs against the fair appraisal value. Not ideal for luxury market Positioned in a suburban area without standout luxury features, this property is not well-suited for luxury market investments. The current valuations and rental dynamics illustrate that pursuing a luxury strategy would likely yield inadequate returns. Not ideal for short-term vacation rental The apartment's fair value assessment and lack of significant rental yield suggest that it is not an optimal choice for short-term vacation rentals. The suburban location and neighborhood characteristics do not align with the demand typically required for successful short-term rental markets.
Tenant Default Risk The tenant stability score of 65/100 indicates a moderate risk of potential tenant defaults, which could impact rental income and property cash flow.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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