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, 4-bathroom country_house of 814 m², built in 1937, energy rating D. Located on rua Notários, 92, Negrelos (São Mamede) parish, Santo Tirso municipality, Porto district. Noteworthy Features: Despite its current state of disrepair, the property retains stunning original stonework and offers expansive landscaped gardens suitable for outdoor events or rural tourism. Location: Nestled in a serene area of Negrelos with good accessibility and unobstructed views, it presents a strategic investment opportunity.
The valuation. The property is listed at €525,000, significantly below its fair value of €934,044, representing a discount of €409,044 (43.8%). The asking price clearly indicates that this property is underpriced.
Fair value modelled at €934,044 from 6 comparable sales in the area. Asking €525,000 sits €409,044 (43.8%) below — the upside to fair value.
Asking €525,000 versus the rua Notários, 92 area baseline of €1,315,213 (€1,616/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 39/100 is below the parish average, reducing fair value versus a typical-condition unit.
Recent nearby listings price below the wider parish average — a hyper-local discount distinct from the parish baseline.
Base gap of €1,315,213, adjusted for condition and micro-location, gives a modelled fair value of €934,044 (€1,147/m²), a €409,044 (43.8%) gap versus the €525,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Notários, 92 | Subject | €525,000 | €645 | — | 28 | 67 |
| Vila Nova do Campo · efdd15 | Active | €280,000 | €838 | 30.0% | 40 | 68 |
| travessa Vau, 196 | Active | €399,000 | €1,295 | 100.9% | 60 | 58 |
| rua Quinta d'Além, 506 | Active | €199,000 | €1,199 | 85.9% | 38 | 53 |
| Aves · 6fb8bc | Active | €199,500 | €1,096 | 70.0% | 25 | 63 |
| Median comp | €239,750 | €1,148 | 77.9% | 39 | 61 |
Long-term rental Securing this property as a long-term rental directly benefits from its subvalorizada status, given the fair value of €934,044 compared to the listing price of €525,000. The 67/100 neighborhood score indicates a decent quality area, promising reliable tenant interest. Buy-and-hold Investing in this property with a buy-and-hold strategy is justified by its current lower market price, presenting an attractive opportunity with a fair value gap of 43.8%. The proximity to Porto enhances future appreciation potential, indicating a strong likelihood of increased value over time. Family rental This property is well-suited for family rentals due to its spacious layout and favorable neighborhood rating of 67/100, coupled with its favorable pricing at €525,000, significantly below its fair value. The moderate access to amenities aligns well with the needs of families seeking residential options in a suburban setting.
Economic and Tenant Instability Risk The economic stability score of 70 and tenant stability score of 65 indicate potential fluctuations in rental income and occupancy rates, which could impact overall investment returns negatively.
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