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.
1-bedroom, 1-bathroom apartment of 85 m² on the 1st floor, built in 2002, energy rating C. Located on rua das Condominhas, Lordelo do Ouro e Massarelos parish, Porto municipality, Porto district. Noteworthy Features: The apartment boasts a common terrace on the upper floor, offering additional outdoor space for relaxation and social gatherings in a vibrant neighborhood. Location Highlights: Positioned near traditional shops and the scenic Douro River, enhancing daily life with local amenities and beautiful walks.
The valuation. The asking price of €350,000 is significantly above the fair value of €227,432, representing an overprice of €122,568 or 53.9%. Consequently, this property is deemed overpriced.
Fair value modelled at €227,432 from 6 comparable sales in the area. Asking €350,000 sits €122,568 (53.9%) above — overpriced versus fair value.
Asking €350,000 versus the rua das Condominhas area baseline of €212,371 (€2,498/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 71/100 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 €212,371, adjusted for condition and micro-location, gives a modelled fair value of €227,432 (€2,676/m²), a €122,568 (53.9%) gap versus the €350,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua das Condominhas | Subject | €350,000 | €4,118 | — | 72 | 68 |
| Aldoar, Foz Do Douro e Nevogilde · 024292 | Active | €530,000 | €4,907 | 19.2% | 74 | 75 |
| rua Nova de Bustes | Active | €297,000 | €2,676 | 35.0% | 75 | 70 |
| rua Nova de Bustes | Active | €297,000 | €2,676 | 35.0% | 72 | 73 |
| travessa Tenente Valadim S / N | Active | €275,000 | €2,183 | 47.0% | 75 | 80 |
| Median comp | €297,000 | €2,676 | 35.0% | 75 | 74 |
Long-term rental The property is overpriced at €350,000, significantly above its fair value of €227,432, indicating a 53.9% gap that could deter potential long-term tenants seeking reasonable rental rates. With a gross yield of only 3.5%, the investment does not provide an attractive return in the long-term rental market. Family rental While the property could initially appeal to families due to its size and proximity to Porto, its current price of €350,000 is notably high compared to the fair value of €227,432, reflecting a 53.9% premium that may limit interest. The yield of 3.5% further suggests that families may seek more affordable options in the area. Buy-and-hold Investing in this property as a buy-and-hold strategy is questionable given its overpriced status at €350,000 against a fair value of €227,432, representing a gap of 53.9%. With a gross yield of just 3.5%, capital appreciation might not compensate for the high initial investment, making it a less attractive long-term asset choice.
Moderate economic and tenant stability risk With both economic stability and tenant stability scores at 70/100, there is a significant risk that fluctuations in the local economy or tenant turnover could adversely impact rental income and investment returns.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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