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.
2-bedroom, 1-bathroom apartment of 82 m² on the 1st floor, energy rating B. Located on rua Ferreira de Castro, 61, Águas Santas parish, Maia municipality, Porto district. This apartment features contemporary renovations with high-quality floating floors and modern kitchen installations, complemented by an elevator for convenient access in a bustling neighborhood.
The valuation. The asking price of €239,500 is very slightly below the fair value of €240,002, with a difference of only €502 (0.2%). Verdict: fair.
Fair value modelled at €240,002 from 6 comparable sales in the area. Asking €239,500 sits €502 (0.2%) below — the upside to fair value.
Asking €239,500 versus the rua Ferreira de Castro, 61 area baseline of €257,177 (€3,136/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 59/100 is below the parish average, reducing 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 €257,177, adjusted for condition and micro-location, gives a modelled fair value of €240,002 (€2,927/m²), a €502 (0.2%) gap versus the €239,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Ferreira de Castro, 61 | Subject | €239,500 | €2,921 | — | 60 | 67 |
| Ermesinde · 8ee329 | Active | €205,000 | €2,412 | 17.4% | 65 | 73 |
| Ermesinde · f14c31 | Active | €295,000 | €2,892 | 1.0% | — | 75 |
| estrada Nova | Active | €230,000 | €2,987 | 2.3% | 69 | 70 |
| Ermesinde · 483ba9 | Active | €385,000 | €2,962 | 1.4% | 60 | 70 |
| Median comp | €262,500 | €2,927 | 0.2% | 65 | 72 |
Long-term rental The 2-bed apartment in Águas Santas presents a fair investment for long-term rentals, with a gross yield of 4% that aligns with the local market expectations. Its condition score of 59/100 suggests room for improvement, but the property remains competitive in a stable suburban area. Family rental This property is suitable for families seeking a stable living environment, with a neighborhood score of 67/100 indicating decent amenities and regional safety. Given the fair valuation of €239,500 and a consistent yield, it can attract reliable tenants looking for suburban comfort. Buy-and-hold Investing in this apartment as a buy-and-hold strategy is reasonable, especially in a stable region like Greater Porto, where market conditions favor gradual appreciation. The minimal gap to fair value reinforces a solid long-term investment outlook despite the moderate condition rating. Not ideal for short-term rental The property is not suited for short-term rentals due to the suburban nature of Águas Santas that typically attracts longer-term tenants. The market dynamics of the area do not favor transient stays, which could limit rental income potential. Not ideal for luxury market Similarly, the apartment does not fit within the luxury market segment, as its fair value and condition reveal an emphasis on practicality over luxury appeal. The average amenities and suburban character further substantiate this mismatch. Not ideal for student housing Lastly, the property is also not ideal for student housing, as the suburban location may not attract the transient student demographic. The lack of proximity to major educational institutions diminishes the viability of this strategy.
Economic Sensitivity The property has an economic stability score of 65/100, indicating potential vulnerability to economic downturns that could affect tenant demand and rental income.
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