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 apartment of 98 m². Located Vila Boa de Quires e Maureles parish, Marco de Canaveses municipality, Porto district. Parking Space: Includes a dedicated parking space, enhancing convenience in a location with limited street parking. Storage: Features additional storage, ideal for residents needing extra space for belongings.
The valuation. The asking price of €245,000 is significantly above the fair value of €202,437, representing a discrepancy of €42,563 or 21.0%. This property is considered overpriced. Buy-to-flip angle. A potential strategy involves renovating the apartment to enhance its appeal, then reselling it at a higher price to realize a profit. Careful attention must be paid to renovation costs to ensure a profitable flip. Buy-to-let angle. Given the current gross yield of 0% due to the condition of the property, a buy-to-let strategy would involve significant renovations before attracting tenants and generating rental income. Consideration should be given to the local rental market for pricing.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Vila Boa de Quires e Maureles · a8edcb | Subject | €245,000 | €2,500 | — | — | 59 |
| Castelões · 25f6ab | Active | €224,000 | €1,948 | 22.1% | 74 | 59 |
| Sobretâmega · 0dcba4 | Active | €235,000 | €2,640 | 5.6% | 72 | 52 |
| Recezinhos (São Martinho) · 93757b | Active | €150,000 | €1,667 | 33.3% | 54 | 56 |
| Constance · 3df5f5 | Active | €1,500,000 | €3,012 | 20.5% | — | 58 |
| Median comp | €229,500 | €2,294 | 8.2% | 72 | 57 |
Long-term rental The 3-bed apartment in Vila Boa de Quires e Maureles is overpriced by 21.0% compared to its fair market value of €202,437, limiting its attractiveness for long-term rental investment. With a gross yield of 0%, this property lacks the potential for positive cash flow, especially in a neighbourhood rated 59/100. Value-add renovation Investing in a value-add renovation strategy on this property is challenging due to its current condition rating of 0/100 and the 21.0% gap from its fair value. While upgrading could enhance the living experience, the initial investment must be weighed against the likely limited returns given its overpriced status and overall market dynamics. Not ideal for short-term vacation rental Given that the apartment is deemed overpriced and offers a 0% gross yield, it is unsuitable for short-term vacation rental. The local market conditions and limited amenities available in the vicinity also impede performance in this rental segment.
Economic vulnerability The property is at risk due to a low economic stability score of 55/100, indicating potential challenges in maintaining consistent income and property value appreciation.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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