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, 2-bathroom apartment of 130 m² on the 2nd floor, built in 2001. Located on avenida Doutor Francisco Sá Carneiro, 100, Alfena parish, Valongo municipality, Porto district. Noteworthy Features: The apartment includes a closed garage and independent storage areas, ensuring ample space for vehicle and personal belongings, providing significant convenience in urban living.
The valuation. The asking price of €280,000 is €19,707 (7.6%) above the fair value of €260,293, indicating a moderate alignment with market expectations at this time. While not significantly overpriced, it's important to recognize that it is positioned on the higher side of fair market pricing.
Fair value modelled at €260,293 from 6 comparable sales in the area. Asking €280,000 sits €19,707 (7.6%) above — overpriced versus fair value.
Asking €280,000 versus the avenida Doutor Francisco Sá Carneiro, 100 area baseline of €239,394 (€1,841/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 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 €239,394, adjusted for condition and micro-location, gives a modelled fair value of €260,293 (€2,002/m²), a €19,707 (7.6%) gap versus the €280,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Doutor Francisco Sá Carneiro, 100 | Subject | €280,000 | €2,154 | — | 67 | 70 |
| rua São José | Active | €352,500 | €1,992 | 7.5% | 75 | 72 |
| rua do Pinheiro S / N | Active | €310,000 | €2,013 | 6.5% | 75 | 78 |
| Alfena · 15e263 | Active | €270,000 | €2,328 | 8.1% | 72 | 73 |
| rua Central do Barreiro | Active | €310,000 | €1,962 | 8.9% | 72 | 74 |
| Median comp | €310,000 | €2,003 | 7.0% | 74 | 74 |
Long-term rental With a gross yield of 3.9% and a fair value gap of 7.6%, this 3-bed apartment in Alfena is positioned for moderate returns in a stable rental market. Given the decent condition rating of 68/100 and neighborhood score of 70/100, it appeals to long-term tenants seeking proximity to Porto's employment opportunities. Family rental The property’s layout and space make it suitable for families, necessitating a stable rental strategy in the growing Valongo area. Its fair valuation suggests sustained interest from potential renters, particularly those drawn by the nearby amenities and employment access. Buy-and-hold This apartment serves as a reasonable buy-and-hold investment due to its proximity to Porto and relatively stable valuation metrics. The ongoing demand in the neighborhood underlines its potential for long-term capital appreciation, despite the current fair pricing. Not ideal for short-term vacation rental The gross yield of 3.9% indicates that short-term vacation rentals may not meet yield expectations, and the neighborhood dynamics may not support continuous tourist demand. Therefore, entering the short-term rental market with this property poses significant risks. Not ideal for student housing With market signals not favoring transient populations such as students, this property may struggle to secure reliable and consistent demand. The fair value and rental yield highlight its unsuitability as a student housing investment, given the potential for fluctuating occupancy rates. Not ideal for luxury market Positioned in the affordable segment, this apartment lacks the attributes typically sought after in the luxury market, which may lead to underperformance against competitor listings. The fair valuation confirms that this property does not align with high-end buyer expectations or investment criteria.
Tenant turnover risk High tenant turnover can occur given the tenant stability score of 70/100, which may lead to increased vacancy rates and costs associated with finding new tenants.
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