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, 1-bathroom apartment of 76 m². Located Campelo e Ovil parish, Baião municipality, Porto district. Noteworthy Features: This apartment offers unique potential with abundant natural light flooding through large windows, enhancing its appeal despite the need for refurbishment and modernization.
The valuation. The asking price of €175,000 is significantly above the fair value of €95,655, resulting in an excess of €79,345 (82.9%). This property is therefore considered overpriced. Buy-to-flip angle. A potential resale strategy could focus on refurbishing the dated interiors to enhance market appeal, given the basic materials currently in place. Targeting a price above €175,000 post-renovation could yield a profitable return. Buy-to-let angle. With a gross yield of 0% and current rental income expectations, this property may not generate income unless improvements are made. Transitioning it into a family rental could attract tenants, particularly in this mixed neighborhood.
Fair value modelled at €95,655 from 6 comparable sales in the area. Asking €175,000 sits €79,345 (82.9%) above — overpriced versus fair value.
Asking €175,000 versus the Campelo e Ovil, Baião, Porto area baseline of €98,474 (€1,296/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 35/100 is below the parish average, reducing 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 €98,474, adjusted for condition and micro-location, gives a modelled fair value of €95,655 (€1,259/m²), a €79,345 (82.9%) gap versus the €175,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Campelo e Ovil · 8001bb | Subject | €175,000 | €2,303 | — | 30 | 55 |
| rua Camões | Active | €175,000 | €1,207 | 47.6% | 60 | 65 |
| Valadares · 893347 | Active | €130,000 | €1,605 | 30.3% | 68 | 56 |
| rua Camões | Active | €190,000 | €1,310 | 43.1% | 55 | 58 |
| Campelo e Ovil · 38c138 | Active | €210,000 | €1,981 | 14.0% | 72 | 58 |
| Median comp | €182,500 | €1,458 | 36.7% | 64 | 58 |
Long-term rental Given the 0% gross yield and a fair value significantly lower than the listing price, this property is not a sound long-term rental investment. The condition rating of 35/100 and neighborhood score of 55/100 also indicate a lack of appeal for prospective tenants, further complicating revenue potential. Family rental Despite its positioning for family accommodation, the significant gap from fair value and the current condition suggest that the property is overpriced for family rental purposes. The limited urban amenities in the semi-rural location may deter long-term family tenants looking for greater convenience and quality.
Economic Vulnerability The property faces potential income instability due to its low economic stability score of 55/100, indicating challenges in the local market.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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