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 75 m². Located on rua Engenheiro Frederico Ulrich, Castêlo da Maia parish, Maia municipality, Porto district. Noteworthy Features: This ground-floor apartment includes high-quality, laminated and tempered acoustic double glazing with solar control, enhancing energy efficiency and sound insulation for a comfortable living experience.
The valuation. The asking price of €200,000 is significantly above its fair value of €175,822, representing an overvaluation of €24,178, or 13.8%. This indicates that the property is overpriced compared to its worth in the current market. Buy-to-flip angle. The strategy involves purchasing the apartment, making minor cosmetic renovations, and reselling it quickly to capitalize on the improved aesthetic appeal and market demand. With the right enhancements, a competitive resale price can generate a healthy profit. Buy-to-let angle. By leasing the apartment at an estimated monthly income of €783, investors can achieve a gross yield of 4.7%. This rental income strategy aligns with long-term holding and can provide steady cash flow, especially in the attractive Porto outskirts.
Fair value modelled at €175,822 from 6 comparable sales in the area. Asking €200,000 sits €24,178 (13.8%) above — overpriced versus fair value.
Asking €200,000 versus the rua Engenheiro Frederico Ulrich area baseline of €147,659 (€1,969/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 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 €147,659, adjusted for condition and micro-location, gives a modelled fair value of €175,822 (€2,344/m²), a €24,178 (13.8%) gap versus the €200,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Engenheiro Frederico Ulrich | Subject | €200,000 | €2,667 | — | 80 | 75 |
| Castêlo da Maia · 0018c7 | Active | €280,000 | €2,171 | 18.6% | 80 | 77 |
| Vilar de Pinheiro · 25f7a3 | Active | €320,000 | €2,406 | 9.8% | 80 | 66 |
| Guilhabreu · be9670 | Active | €290,000 | €1,611 | 39.6% | 70 | 70 |
| Cidade da Maia · 65a789 | Active | €375,000 | €2,344 | 12.1% | 73 | 76 |
| Median comp | €305,000 | €2,258 | 15.3% | 77 | 73 |
Long-term rental This property may not be suitable for long-term rental due to its high asking price of €200,000 compared to the fair value of €175,822, indicating a gap of 13.8%. With a gross yield of 4.7%, the investment lacks the potential for attractive returns, making it less appealing in the current market environment. Buy-and-hold Adopting a buy-and-hold strategy may be challenged by the property being overpriced at €200,000, significantly above its fair value of €175,822. The current yield of 4.7% does not provide a strong case for long-term capital appreciation given the investment's initial high cost. Value-add renovation The prospect of a value-add renovation strategy appears diminished as the property is listed at €200,000, which is already 13.8% above the fair value of €175,822. The condition rating of 78/100 suggests room for improvement, but the high purchase price limits the potential return on invested renovation capital. Not ideal for short-term rental This property is not ideal for short-term rental, as the acquisition cost of €200,000 exceeds its fair value of €175,822, creating a pricing hurdle. The gross yield of 4.7% further indicates that short-term rental income may not justify the overpriced position of the property.
Economic Vulnerability The property's moderate economic stability score of 75/100 indicates potential fluctuations in the local economy that may affect rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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