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, 3-bathroom apartment of 194 m² on the 2nd floor, energy rating C. Located on rua Pedro Homem de Melo, 364, Aldoar, Foz Do Douro e Nevogilde parish, Porto municipality, Porto district. Noteworthy Features: This apartment includes a closed garage accommodating two vehicles and offers the added security of a 24-hour concierge service.
The valuation. The asking price of €790,000 is positioned slightly above the fair value of €746,323, resulting in an excess of €43,677 (5.9%). Verdict: fair. Buy-to-flip angle. A potential resale strategy could involve updating design elements for modern appeal, enhancing the property's value for a lucrative flip in the competitive Porto market. Buy-to-let angle. With an estimated gross yield of 3.7%, the rental income strategy focuses on appealing to families seeking spacious accommodation in a desirable neighborhood, generating approximately €2,436 per month.
Fair value modelled at €746,323 from 6 comparable sales in the area. Asking €790,000 sits €43,677 (5.9%) above — overpriced versus fair value.
Asking €790,000 versus the rua Pedro Homem de Melo, 364 area baseline of €640,872 (€3,303/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 €640,872, adjusted for condition and micro-location, gives a modelled fair value of €746,323 (€3,847/m²), a €43,677 (5.9%) gap versus the €790,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Pedro Homem de Melo, 364 | Subject | €790,000 | €4,072 | — | 72 | 78 |
| travessa Cabo | Active | €790,000 | €4,438 | 9.0% | 73 | 74 |
| Aldoar, Foz Do Douro e Nevogilde · 3df38f | Active | €450,000 | €3,689 | 9.4% | 74 | 76 |
| Aldoar, Foz Do Douro e Nevogilde · 0dcf26 | Active | €450,000 | €4,369 | 7.3% | 75 | 68 |
| rua Dom Nuno Álvares Pereira, 188 | Active | €430,000 | €3,071 | 24.6% | 75 | 67 |
| Median comp | €450,000 | €4,029 | 1.1% | 75 | 71 |
Long-term rental This 4-bed apartment in Aldoar is poised for stable long-term rental demand due to its large size of 194m² and decent neighborhood ratings, making it suitable for families. With a fair valuation in mind, the gross yield of 3.7% remains consistent with the expectations in the Porto metropolitan area, although it does not offer a significant advantage. Buy-and-hold Investing in this property as a buy-and-hold asset could yield steady returns, especially as the Foz do Douro e Nevogilde neighborhood continues to appreciate moderately given its quality living conditions. Maintaining it at fair value, the property’s potential for future price growth may be limited due to a slightly higher valuation compared to its assessed fair value. Family rental This apartment serves as an attractive family rental option due to its spacious layout and good amenities within a favorable neighborhood. Although the property is priced at fair value, it might appeal more broadly to families seeking long-term stability rather than premium rental rates.
Increased Vacancy Risk Tenants may be less stable than desired, with a tenant stability score of 75/100 indicating potential for increased vacancies impacting cash flow.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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