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, 0-bathroom apartment of 115 m², energy rating B. Located Milheiros parish, Maia municipality, Porto district. Features: This apartment features a closed garage for two vehicles, and its rental under Decree-Law No. 38/2023 ensures a stable income until October 2028.
The valuation. The asking price of €365,000 is significantly above the fair value of €326,705, reflecting an overpricing of €38,295 (11.7%). This indicates a lack of alignment with current market trends and buyer expectations.
Fair value modelled at €326,705 from 6 comparable sales in the area. Asking €365,000 sits €38,295 (11.7%) above — overpriced versus fair value.
Asking €365,000 versus the Milheiros, Maia, Porto area baseline of €315,424 (€2,743/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 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 €315,424, adjusted for condition and micro-location, gives a modelled fair value of €326,705 (€2,841/m²), a €38,295 (11.7%) gap versus the €365,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Milheiros · 15e3c2 | Subject | €365,000 | €3,174 | — | 76 | 74 |
| largo Vermoim | Active | €315,000 | €2,864 | 9.8% | 75 | 64 |
| largo Vermoim | Active | €315,000 | €2,864 | 9.8% | 80 | 71 |
| largo Vermoim | Active | €310,000 | €2,818 | 11.2% | 78 | 70 |
| Ermesinde · 8ee329 | Active | €205,000 | €2,412 | 24.0% | 65 | 73 |
| Median comp | €312,500 | €2,841 | 10.5% | 77 | 71 |
Long-term rental This property is overpriced at €365,000 against a fair value of €326,705, representing an 11.7% premium that can shrink potential returns. With a gross yield of only 3%, longer-term tenants may not provide the financial returns necessary to justify this investment. Family rental Given its high listing price, this 2-bed apartment may not appeal to families seeking cost-effective housing options in the Porto metropolitan area. While the neighborhood rates reasonably at 74/100, families may find better-priced alternatives that offer greater value for their accommodation needs. Buy-and-hold Holding this apartment as a long-term asset is challenged by its current overpricing relative to fair value, which could inhibit future appreciation potential. While the general economic activity in Porto is strong, the 74/100 condition rating suggests that investment in maintenance and improvements may be necessary to justify a buy-and-hold strategy over time.
Economic and Tenant Stability Risk With both economic and tenant stability scores at 70/100, there is a moderate risk that fluctuations in the local economy or tenant turnover could adversely affect rental income and property value.
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