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 apartment of 189 m², built in 2022, energy rating B. Located Alfena parish, Valongo municipality, Porto district. Noteworthy Features: This apartment includes a spacious balcony with desirable westward sun exposure and is situated within a gated community featuring a swimming pool and well-maintained green areas.
The valuation. The asking price of €398,000 is only €1,587 (0.4%) below the fair value of €399,587, which indicates that the property is fairly priced and aligns well with current market conditions.
Fair value modelled at €399,587 from 6 comparable sales in the area. Asking €398,000 sits €1,587 (0.4%) below — the upside to fair value.
Asking €398,000 versus the Alfena, Valongo, Porto area baseline of €289,053 (€1,529/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 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 €289,053, adjusted for condition and micro-location, gives a modelled fair value of €399,587 (€2,114/m²), a €1,587 (0.4%) gap versus the €398,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Alfena · 57fd54 | Subject | €398,000 | €2,106 | — | 80 | 71 |
| rua de Pinto Bessa, 280 | Active | €272,500 | €2,034 | 3.4% | 74 | 65 |
| avenida José Joaquim Ribeiro Teles | Active | €490,000 | €2,237 | 6.3% | 65 | 71 |
| avenida Doutor Fernando Melo, 80 | Active | €239,900 | €1,889 | 10.3% | 72 | 70 |
| Alfena · 96c5f7 | Active | €298,500 | €2,195 | 4.2% | 78 | 67 |
| Median comp | €285,500 | €2,115 | 0.4% | 73 | 69 |
Long-term rental This property in Alfena offers stable conditions for long-term rentals, with a fair value closely aligned to the listing price of €398,000. However, with a gross yield of 0%, it may not generate immediate cash flow for investors. Family rental Given the spacious 189m² layout and suburban safety near Porto, this apartment is well-suited for family rentals, appealing to those seeking a comfortable living environment. The fair market alignment suggests a stable investment but may limit potential rental income due to the 0% gross yield. Buy-and-hold Investors considering a buy-and-hold strategy could find this property in Alfena attractive, given its fair value status and overall positive condition rating of 85/100. However, the minimal gap from the fair value indicates limited immediate upside in terms of valuation appreciation for the long term.
Potential Economic Downturn Risk The economic stability score of 75 suggests a moderate risk of economic downturn, which could adversely affect tenant demand 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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