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 103 m² on the 3rd floor, built in 1999, energy rating C. Located on avenida Doctor Fernando Melo, Valongo parish, Valongo municipality, Porto district. Noteworthy Features: This top-floor apartment offers two front exposures for optimal sunlight, along with a spacious entrance hall featuring a built-in wardrobe that enhances both functionality and aesthetics.
The valuation. The asking price of €259,500 is below the fair value of €278,798, reflecting a difference of €19,298 (6.9%). This valuation confirms the property is priced fairly within the current market.
Fair value modelled at €278,798 from 6 comparable sales in the area. Asking €259,500 sits €19,298 (6.9%) below — the upside to fair value.
Asking €259,500 versus the avenida Doctor Fernando Melo area baseline of €242,969 (€2,359/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 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 €242,969, adjusted for condition and micro-location, gives a modelled fair value of €278,798 (€2,707/m²), a €19,298 (6.9%) gap versus the €259,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Doctor Fernando Melo | Subject | €259,500 | €2,519 | — | 75 | 70 |
| Valongo · 956e91 | Active | €289,900 | €2,457 | 2.5% | 75 | 66 |
| rua da Estrada Velha, 182 | Active | €285,000 | €3,167 | 25.7% | 75 | 67 |
| rua Conde Ferreira, 444 | Active | €264,000 | €2,378 | 5.6% | 75 | 69 |
| rua Nossa Senhora da Paz, 332 | Active | €275,000 | €2,750 | 9.2% | 75 | 75 |
| Median comp | €280,000 | €2,604 | 3.3% | 75 | 68 |
Long-term rental The property in Valongo presents a gross yield of 4.3%, suggesting a stable income potential for investors focusing on long-term rental options. Given the proximity to Porto, which implies a strong housing and employment market, it remains a solid investment despite its fair value pricing. Family rental With a neighborhood score of 70/100, the 2-bed apartment is well-suited for families looking for residential options near Porto, contributing to a desirable living environment. While the property is priced at fair value, its strong tenant quality can help ensure consistent rental demand. Buy-and-hold Investing in this 2-bed apartment for a buy-and-hold strategy is supported by its fair value appraisal of €259,500, which aligns closely with the fair market price of €278,798. The combination of decent yield and favorable neighborhood conditions enhance its long-term potential, although it is not flagged as a bargain opportunity.
Tenant turnover risk The tenant stability score of 65/100 suggests a higher likelihood of turnover and potential vacancy, which could impact cash flow stability and lead to increased costs associated with re-leasing the property.
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