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, 3-bathroom house of 225 m², built in 1989, energy rating A. Located on rua do Monte Alegre, Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória parish, Porto municipality, Porto district. Noteworthy Features: This home includes a versatile basement room suitable for use as an office or cinema, as well as a cozy living room equipped with a pellet stove for efficient heating.
The valuation. The asking price of €690,000 is above the fair value of €629,386 by €60,614 (9.6%). This property is considered to be fairly priced in the current market. Buy-to-flip angle. The resale strategy focuses on optimizing renovations to highlight the high-quality finishes, targeting an upward sale price in a thriving neighborhood. This approach aims to maximize profit during a 6-12 month holding period. Buy-to-let angle. The rental income strategy projects a gross yield of 3.1%, estimating monthly rentals of approximately €1,782. The suburban characteristics of the location make it appealing for family rentals, ensuring steady occupancy rates.
Fair value modelled at €629,386 from 6 comparable sales in the area. Asking €690,000 sits €60,614 (9.6%) above — overpriced versus fair value.
Asking €690,000 versus the rua do Monte Alegre area baseline of €552,958 (€2,458/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 €552,958, adjusted for condition and micro-location, gives a modelled fair value of €629,386 (€2,797/m²), a €60,614 (9.6%) gap versus the €690,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Monte Alegre | Subject | €690,000 | €3,067 | — | 73 | 73 |
| rua Cegonhas | Active | €1,360,000 | €2,925 | 4.6% | 75 | 70 |
| São Mamede de Infesta e Senhora da Hora · 8ee594 | Active | €479,900 | €2,487 | 18.9% | 76 | 75 |
| travessa das Antas, 120 | Active | €395,000 | €2,469 | 19.5% | 80 | 80 |
| rua Maria Peregrina de Sousa | Active | €990,000 | €3,000 | 2.2% | 78 | 71 |
| Median comp | €734,950 | €2,706 | 11.8% | 77 | 73 |
Long-term rental This property presents a stable opportunity for long-term rental given its fair value of €629,386, which aligns closely with the listing price of €690,000. With a gross yield of 3.1%, it can generate steady income while benefitting from the suburban residential characteristics of Greater Porto. Buy-and-hold Investing in this property within the Greater Porto area could be advantageous for a buy-and-hold strategy, as the fair valuation indicates it is sensibly priced. The solid condition rating of 76/100 suggests that the house may require minimal maintenance, supporting long-term capital appreciation. Family rental This 3-bed house may serve well as a family rental, particularly due to its fair valuation and decent gross yield of 3.1%. Its location in a suburban area likely appeals to families seeking stability and convenience in Greater Porto. Not ideal for short-term vacation rental Given the property's fair valuation and the surrounding suburban characteristics, it is not ideally suited for short-term vacation rental ventures. The lower yield and family-oriented market dynamics indicate limited attractiveness for transient guests. Not ideal for luxury market This property does not align well with luxury market expectations, especially as it is currently priced just above fair value. Its characteristics and neighborhood assessments suggest it caters more to a standard residential demographic. Not ideal for student housing Due to its fair pricing and suburban nature, this property lacks the features typically sought after for student housing. The assessment indicates that tenant quality and amenities may not satisfy the demand of the student rental market in Greater Porto.
Economic and Tenant Risk: Both economic and tenant stability scores are at 75/100, indicating a moderate risk of fluctuations in rental income due to potential economic downturns or tenant turnover.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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