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 house of 300 m², built in 1984. Located on estrada Aprovação, 48H, Meixomil parish, Paços de Ferreira municipality, Porto district. Noteworthy Features: This house includes a commercial establishment on the ground floor, providing potential rental income or business opportunities in a strategic location just minutes from the city center and highway.
The valuation. The property is listed at €450,000, which is €62,724 (16.2%) above its fair value of €387,276. This suggests the asking price is overpriced compared to the market's assessment of the property’s true worth.
Fair value modelled at €387,276 from 6 comparable sales in the area. Asking €450,000 sits €62,724 (16.2%) above — overpriced versus fair value.
Asking €450,000 versus the estrada Aprovação, 48H area baseline of €286,404 (€955/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 48/100 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 €286,404, adjusted for condition and micro-location, gives a modelled fair value of €387,276 (€1,291/m²), a €62,724 (16.2%) gap versus the €450,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| estrada Aprovação, 48H | Subject | €450,000 | €1,500 | — | 45 | 71 |
| Meixomil · 468172 | Active | €495,000 | €957 | 36.2% | 20 | 57 |
| rua de Grijoso, 173 | Active | €420,000 | €1,743 | 16.2% | 62 | 65 |
| Meixomil · cfe263 | Active | €378,000 | €1,260 | 16.0% | — | 69 |
| rua de Fontão, 655 | Active | €690,000 | €1,322 | 11.9% | 68 | 63 |
| Median comp | €457,500 | €1,291 | 13.9% | 62 | 64 |
Long-term rental The property in Meixomil is currently overpriced with a gap of 16.2% compared to its fair value, suggesting that potential returns are diminished. With a gross yield of only 2.4%, the financial viability of this investment is questionable in the current market. Family rental Considering the condition rating of 48/100, this 3-bed house does not meet the expectations for families looking for quality housing, further emphasizing its overpriced status. The current listing price is likely to deter potential tenants, impacting long-term occupancy rates in this suburban area. Buy-and-hold As an investment for a buy-and-hold strategy, the house's condition and neighborhood rating indicate that the property will not appreciate as expected given its current overvaluation. With minimal yield and high price compared to fair value, the prospect of capital appreciation appears limited despite its proximity to Porto's amenities. Not ideal for: Luxury market, Short-term vacation rental, Student housing
Economic vulnerability With an economic stability score of 65/100, there is a heightened risk of economic downturns impacting property value and rental income stability.
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