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.
5-bedroom, 3-bathroom apartment of 202 m² on the 3rd floor. Located on rua da Venezuela, Lordelo do Ouro e Massarelos parish, Porto municipality, Porto district. Noteworthy Features: The apartment boasts three large balconies offering panoramic views of the city skyline and a sea horizon, enhancing both natural light and outdoor living space. Condition Notes: Recent renovations in 2017 included high-quality materials such as solid wood flooring and premium granite countertops in the kitchen, ensuring a modern aesthetic with enduring durability.
The valuation. The asking price of €849,000 is substantially above the fair value of €739,142, presenting an overvaluation of €109,858, or 14.9%. This suggests that the property price does not reflect its actual market worth.
Fair value modelled at €739,142 from 6 comparable sales in the area. Asking €849,000 sits €109,858 (14.9%) above — overpriced versus fair value.
Asking €849,000 versus the rua da Venezuela area baseline of €615,929 (€3,049/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 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 €615,929, adjusted for condition and micro-location, gives a modelled fair value of €739,142 (€3,659/m²), a €109,858 (14.9%) gap versus the €849,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Venezuela | Subject | €849,000 | €4,203 | — | 78 | 71 |
| rua João Bosco | Active | €950,000 | €3,585 | 14.7% | 80 | 67 |
| rua do Campo Alegre S / N | Active | €635,000 | €3,325 | 20.9% | 75 | 80 |
| rua de Grijó, 17 | Active | €690,000 | €3,876 | 7.8% | 75 | 80 |
| rua São João de Brito S / N | Active | €950,000 | €4,897 | 16.5% | 75 | 70 |
| Median comp | €820,000 | €3,731 | 11.2% | 75 | 75 |
Long-term rental The property is positioned in a prime urban area of Porto and has a relatively low gross yield of 2.7%, suggesting limited return potential for long-term rental investors. With a listing price of €849,000, which is 14.9% above the fair value of €739,142, the property is clearly overpriced against the expected rental income. Buy-and-hold While the location in Lordelo do Ouro e Massarelos offers urban characteristics, the listing price exceeds fair value by 14.9%, which may hinder long-term appreciation potential. The current condition rating of 82/100 does not compensate for the overpriced nature of the asset, making it a less enticing buy-and-hold opportunity. Family rental Even though the neighborhood features a decent safety level with a crime rating typical for Portugal, the property’s listing price is 14.9% higher than the fair value. As such, families looking for a rental option may find the costs prohibitive relative to the expected offerings in this overpriced market.
Tenant turnover risk With a tenant stability score of 65/100, there is a heightened risk of frequent turnover, which can lead to increased vacancy rates and associated costs.
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