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 116 m² on the 1st floor, built in 2001, energy rating C. Located Alfena parish, Valongo municipality, Porto district. Noteworthy Features: The apartment features a cozy living room fireplace and two balconies, enhancing both comfort and outdoor enjoyment in a sunlit environment.
The valuation. The asking price of €270,000 sits slightly above the fair value of €264,554, representing a 2.1% premium. Overall, the property is fairly valued and presents a reasonable investment opportunity for potential buyers.
Fair value modelled at €264,554 from 6 comparable sales in the area. Asking €270,000 sits €5,446 (2.1%) above — overpriced versus fair value.
Asking €270,000 versus the Alfena, Valongo, Porto area baseline of €227,855 (€1,964/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 is above the parish average, lifting 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 €227,855, adjusted for condition and micro-location, gives a modelled fair value of €264,554 (€2,281/m²), a €5,446 (2.1%) gap versus the €270,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Alfena · 15e263 | Subject | €270,000 | €2,328 | — | 72 | 73 |
| rua da Queimada | Active | €290,000 | €2,000 | 14.1% | 72 | 79 |
| Ermesinde · 937627 | Active | €295,000 | €2,398 | 3.0% | 75 | 73 |
| avenida Doutor Francisco Sá Carneiro, 29 | Active | €299,000 | €2,492 | 7.0% | 74 | 70 |
| rua Ilha de Moçambique, 160 | Active | €249,000 | €2,128 | 8.6% | 70 | 72 |
| Median comp | €292,500 | €2,263 | 2.8% | 73 | 73 |
Long-term rental The 2-bed apartment in Alfena is positioned in a suburban area with a decent tenant quality, making it a viable option for long-term rental. With a gross yield of 3.8%, the property provides a stable income stream, aligning with the market's fair value of €264,554. Buy-and-hold Investing in this property as a buy-and-hold strategy allows for potential capital appreciation over time, particularly due to its proximity to Porto which influences local demand. Although the apartment's valuation is fair at €270,000, its consistent neighborhood quality suggests it can maintain its value over the long term. Family rental The apartment is ideally suited for family rentals given the safety and improving school access in the neighborhood, appealing to prospective tenants. While the property is fairly priced, its attributes cater well to families looking for stable housing options in a suburban setting.
Tenant turnover risk High tenant turnover may be a concern given the tenant stability score of 75/100, indicating potential volatility in occupancy rates that could affect rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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