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 101 m², built in 1999, energy rating E. Located on rua Caetano de Melo, Oliveira do Douro parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: The apartment includes a laundry room and a pantry, enhancing functionality and convenience for daily living in a vibrant, accessible neighborhood.
The valuation. The asking price of €240,000 is 13.5% below the fair value of €277,572, indicating that the property is underpriced. This presents a compelling opportunity for investors seeking value in the current market.
Fair value modelled at €277,572 from 6 comparable sales in the area. Asking €240,000 sits €37,572 (13.5%) below — the upside to fair value.
Asking €240,000 versus the rua Caetano de Melo area baseline of €268,441 (€2,658/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 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 €268,441, adjusted for condition and micro-location, gives a modelled fair value of €277,572 (€2,748/m²), a €37,572 (13.5%) gap versus the €240,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Caetano de Melo | Subject | €240,000 | €2,376 | — | 70 | 75 |
| rua Diogo Cassels, 121 | Active | €535,000 | €3,993 | 68.0% | 70 | 73 |
| rua Centro Republicano Pádua Correia | Active | €283,000 | €2,461 | 3.6% | 72 | 71 |
| Oliveira do Douro · 19f871 | Active | €275,000 | €2,371 | 0.2% | 75 | 65 |
| rua Aquilino Ribeiro, 237 | Active | €225,000 | €2,744 | 15.5% | 62 | 63 |
| Median comp | €279,000 | €2,603 | 9.5% | 71 | 68 |
Long-term rental With a fair value of €277,572, the 2-bedroom apartment in Oliveira do Douro presents an attractive opportunity, selling at €240,000. The gross yield of 4.4% enhances its appeal for long-term tenants, given the neighbourhood's solid rating of 75/100. Family rental This property, suitable for families, is priced below market fair value, which makes it an enticing option for prospective tenants seeking a comfortable living space. The local neighbourhood's positive amenities and safety perceptions contribute to this apartment's potential as a family rental. Buy-and-hold Investing in this apartment for a buy-and-hold strategy is compelling, given the 13.5% gap between its listing price and fair value. The overall economic stability and community environment in Oliveira do Douro suggest long-term appreciation potential for investors.
Economic volatility risk The economic stability score of 75/100 suggests potential fluctuations, which could impact tenant retention given the tenant stability score of 70/100.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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