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 90 m² on the 4th floor, built in 1987, energy rating B. Located on praceta Nortecoope, Cidade da Maia parish, Maia municipality, Porto district. This apartment boasts two facades, maximizing natural light throughout, and features a sunroom off the renovated kitchen for additional utility.
The valuation. The asking price of €252,000 sits €29,659 (13.3%) above the fair value of €222,341, indicating that the property is overpriced. This discrepancy suggests that potential buyers might need to negotiate significantly to reach a fair deal.
Fair value modelled at €222,341 from 6 comparable sales in the area. Asking €252,000 sits €29,659 (13.3%) above — overpriced versus fair value.
Asking €252,000 versus the praceta Nortecoope area baseline of €232,274 (€2,581/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 is below the parish average, reducing fair value versus a typical-condition unit.
Recent nearby listings price below the wider parish average — a hyper-local discount distinct from the parish baseline.
Base gap of €232,274, adjusted for condition and micro-location, gives a modelled fair value of €222,341 (€2,470/m²), a €29,659 (13.3%) gap versus the €252,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praceta Nortecoope | Subject | €252,000 | €2,800 | — | 70 | 68 |
| rua Agostinho da Silva Rocha, 939 | Active | €377,000 | €2,547 | 9.0% | 80 | 63 |
| autoestrada A41 | Active | €335,000 | €2,597 | 7.3% | 73 | 70 |
| Cidade da Maia · 4a7d9f | Active | €450,000 | €2,394 | 14.5% | 76 | 73 |
| Cidade da Maia · 6fbbac | Active | €480,000 | €2,124 | 24.1% | 72 | 74 |
| Median comp | €413,500 | €2,471 | 11.8% | 75 | 72 |
Long-term rental The property is overpriced by 13.3% compared to the fair value, making it less attractive for generating consistent long-term rental income. With a gross yield of 4.3%, potential returns may not justify the elevated purchase price. Buy-and-hold Investing in this property for a buy-and-hold strategy is challenging, as its current price exceeds fair value by 13.3%. The expected appreciation may not sufficiently compensate for the initial overpayment, impacting long-term investment viability. Family rental While the apartment is positioned for family rental due to its size, being overpriced at €252,000 could hinder rental demand and profitability. The current yield of 4.3% suggests that, despite the appeal, the investment may not deliver adequate returns given the inflated entry cost.
Tenant turnover risk With a tenant stability score of only 55/100, there is a significant risk of high tenant turnover, which can lead to increased vacancy rates and related 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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