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, 1-bathroom house of 69 m², built in 1987, energy rating E. Located on travessa da Corredoura, 241, Oliveira do Douro parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: This property features a fully requalified outdoor space with ornamental plants and a private patio, enhancing its appeal for outdoor family gatherings and ensuring tranquility. Additional Context: The house benefits from excellent solar exposure, ideal for natural light throughout the day.
The valuation. The asking price of €258,000 is slightly below the fair value of €262,695, placing it at €4,695 (1.8%) under fair market value. This indicates that the property is fairly priced. Buy-to-flip angle. A buy-to-flip strategy could yield opportunities through minor renovations to enhance appeal, with the goal of reselling above the current asking price within 6-12 months. Buy-to-let angle. With an estimated rental income of €946/month, this property offers a gross yield of 4.4%, making it suitable for long-term rental or family and student housing.
Fair value modelled at €262,695 from 6 comparable sales in the area. Asking €258,000 sits €4,695 (1.8%) below — the upside to fair value.
Asking €258,000 versus the travessa da Corredoura, 241 area baseline of €253,330 (€3,671/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 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 €253,330, adjusted for condition and micro-location, gives a modelled fair value of €262,695 (€3,807/m²), a €4,695 (1.8%) gap versus the €258,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| travessa da Corredoura, 241 | Subject | €258,000 | €3,739 | — | 80 | 73 |
| travessa Senhor do Miradouro | Active | €249,000 | €3,952 | 5.7% | 74 | 75 |
| rua 14 de Outubro | Active | €260,000 | €3,662 | 2.1% | 80 | 74 |
| Bonfim · 937179 | Active | €590,000 | €6,082 | 62.7% | 72 | 70 |
| beco Conde Silva Monteiro | Active | €269,900 | €2,410 | 35.6% | 74 | 72 |
| Median comp | €264,950 | €3,807 | 1.8% | 74 | 73 |
Long-term rental The 2-bed house in Oliveira do Douro has a fair value of €262,695, making the listing price of €258,000 reasonable with only a 1.8% gap. With a gross yield of 4.4% and a neighborhood score of 73/100, this property is positioned to attract consistent long-term tenants due to its location and amenities. Family rental This property is well-suited for family rentals, given its 79/100 condition score and proximity to Porto, which offers a stable suburban environment. While the gap from fair value is minimal at 1.8%, the property’s features such as safety and local amenities cater well to families seeking to rent in Oliveira do Douro. Student housing Although the property sits at a fair value with a small 1.8% gap, Oliveira do Douro's proximity to Porto can attract students who prefer suburban living. The 4.4% gross yield indicates potential for a steady rental income stream, making it a viable option for student housing despite the competitive market. Not ideal for luxury market This 2-bed house is not suited for the luxury market due to its fair pricing and moderate condition score of 79/100. Luxury buyers are unlikely to be interested because the property lacks the upscale features typically sought after in higher price brackets. Not ideal for short-term vacation rental The property does not align well with the short-term vacation rental strategy, as it holds a fair value but lacks the amenities often favored in tourist accommodations. The current market conditions and neighborhood profile do not support short-term rental profitability in this segment.
Tenant turnover risk With a tenant stability score of 65/100, there is a potential risk of higher tenant turnover which could lead to increased vacancy rates and associated costs.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
