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, 1-bathroom apartment of 72 m² on the 2nd floor, built in 1981, energy rating D. Located Pedrouços parish, Maia municipality, Porto district. Noteworthy Features: The apartment includes a closed and private box garage, enhancing storage options and providing secure parking, which is a rare find in the area.
The valuation. The asking price of €280,000 is significantly above fair value at €215,176, representing a difference of €64,824 (30.1%). Verdict: overpriced. Buy-to-flip angle. A buy-to-flip strategy would require executing renovations efficiently to enhance appeal, aiming for a resale well above the €280,000 asking price based on market demand. Buy-to-let angle. A buy-to-let strategy could yield an estimated gross monthly income of €1,307, resulting in a gross yield of 5.6%, leveraging the property's high-quality finishes and suburban location to attract long-term tenants.
Fair value modelled at €215,176 from 6 comparable sales in the area. Asking €280,000 sits €64,824 (30.1%) above — overpriced versus fair value.
Asking €280,000 versus the Pedrouços, Maia, Porto area baseline of €160,641 (€2,231/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 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 €160,641, adjusted for condition and micro-location, gives a modelled fair value of €215,176 (€2,989/m²), a €64,824 (30.1%) gap versus the €280,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Pedrouços · ee88fb | Subject | €280,000 | €3,889 | — | 75 | 80 |
| rua Tratado de Tordesilhas, 23 | Active | €290,000 | €2,377 | 38.9% | 73 | 75 |
| Rio Tinto · 6fb8b9 | Active | €290,000 | €2,613 | 32.8% | 73 | 73 |
| Rio Tinto · 23f3ed | Active | €360,000 | €3,364 | 13.5% | 80 | 69 |
| Rio Tinto · 38a0b4 | Active | €380,000 | €2,533 | 34.9% | 78 | 74 |
| Median comp | €325,000 | €2,573 | 33.8% | 76 | 74 |
Long-term rental Given its listing price of €280,000, which exceeds the fair value of €215,176 by 30.1%, this 3-bed apartment in Pedrouços, Maia is overpriced. The gross yield of 5.6% could attract tenants, but the high entry cost diminishes its attractiveness as a long-term rental investment. Buy-and-hold While the location in the Porto metro area has strong market demand and good amenities, the property’s valuation at €280,000 significantly overshoots its fair value of €215,176. The buy-and-hold strategy may not be optimal here, as the current pricing could hinder long-term appreciation and cash flow potential. Family rental Although the apartment's condition score of 79/100 and the neighborhood's positive attributes suggest it could be suitable for family rentals, the price of €280,000 is overvalued compared to its fair value of €215,176. This discrepancy makes it a less favorable choice for families seeking affordable living options in the area.
Economic downturn risk The property could be affected by a significant economic downturn despite the current economic stability score of 80/100, which could impact tenant retention and 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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