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.
4-bedroom, 5-bathroom palace of 276 m², built in 2028, energy rating A+. Located on rua da Pena, Lordelo do Ouro e Massarelos parish, Porto municipality, Porto district. This residence features a unique connection to its historical roots, housed in the meticulously restored Casa Coverley, blending 18th-century charm with modern comfort and design.
The valuation. The asking price of €2,150,000 exceeds the fair value of €1,877,056 by €272,944, or 14.5%. This property is considered overpriced based on this assessment.
Fair value modelled at €1,877,056 from 6 comparable sales in the area. Asking €2,150,000 sits €272,944 (14.5%) above — overpriced versus fair value.
Asking €2,150,000 versus the rua da Pena area baseline of €1,779,686 (€6,448/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 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 €1,779,686, adjusted for condition and micro-location, gives a modelled fair value of €1,877,056 (€6,801/m²), a €272,944 (14.5%) gap versus the €2,150,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Pena | Subject | €2,150,000 | €7,790 | — | 70 | 80 |
| rua Pedro Veiga, 48 | Active | €2,150,000 | €6,555 | 15.9% | 78 | 81 |
| rua do Crasto, 748 | Active | €2,100,000 | €7,047 | 9.5% | 82 | 78 |
| Aldoar, Foz Do Douro e Nevogilde · 6c7793 | Active | €2,100,000 | €6,000 | 23.0% | 75 | 77 |
| rua do Campo Alegre | Active | €998,000 | €6,048 | 22.4% | 80 | 75 |
| Median comp | €2,100,000 | €6,302 | 19.1% | 79 | 78 |
Long-term rental The 4-bed palace in Lordelo do Ouro e Massarelos, priced at €2,150,000, presents a 14.5% gap compared to its fair value of €1,877,056, indicating that it is overpriced for a long-term rental strategy. With a gross yield of only 1.8%, this investment is unlikely to deliver attractive returns for landlords seeking consistent rental income. Short-term vacation rental Although located in a vibrant urban area, the Lordelo do Ouro e Massarelos property is overpriced at €2,150,000, far above its fair value of €1,877,056, leading to a concerning 14.5% margin. The anticipated yield of 1.8% further detracts from its appeal in the competitive short-term rental market. Buy-and-hold At an asking price of €2,150,000, the property is marked up 14.5% above its fair value of €1,877,056, making it a less favorable candidate for a buy-and-hold strategy. With only a 1.8% gross yield, investors may face challenges in adequately capitalizing on long-term appreciation potential in this overpriced environment.
Tenant turnover risk There may be potential for increased tenant turnover due to the relatively lower tenant stability score of 75/100, which could lead to higher vacancy rates and associated costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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