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 142 m² on the 6th floor, energy rating D. Located on avenida Doutor Fernando Melo, 203, Valongo parish, Valongo municipality, Porto district. The apartment benefits from direct balcony access in the living room and one bedroom, enhancing natural light and outdoor connectivity.
The valuation. The asking price of €329,500 sits slightly above the fair value of €321,107, with a difference of €8,393 (2.6%). This indicates a fair valuation that aligns with market expectations.
Fair value modelled at €321,107 from 6 comparable sales in the area. Asking €329,500 sits €8,393 (2.6%) above — overpriced versus fair value.
Asking €329,500 versus the avenida Doutor Fernando Melo, 203 area baseline of €277,428 (€1,954/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 €277,428, adjusted for condition and micro-location, gives a modelled fair value of €321,107 (€2,261/m²), a €8,393 (2.6%) gap versus the €329,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Doutor Fernando Melo, 203 | Subject | €329,500 | €2,320 | — | 72 | 68 |
| rua Montalto | Active | €310,000 | €2,583 | 11.3% | 73 | 68 |
| Fânzeres e São Pedro da Cova · 937326 | Active | €349,000 | €1,918 | 17.4% | 74 | 68 |
| rua Doutor João Alves do Vale | Active | €288,900 | €2,124 | 8.5% | 73 | 74 |
| Valongo · 468231 | Active | €295,000 | €1,967 | 15.2% | 72 | 71 |
| Median comp | €302,500 | €2,046 | 11.8% | 73 | 70 |
Long-term rental This property offers a gross yield of 3.8%, aligning with the rental market expectations in Valongo, making it a reasonable choice for long-term investors. However, the neighbourhood score of 68/100 indicates limited amenities, which may affect tenant demand over time. Family rental With its spacious 3-bed layout, this apartment is well-suited for families seeking stable accommodation near Porto. Despite its fair valuation, the neighbourhood's amenities could draw families willing to pay for convenience, though the slightly higher price point remains a consideration. Buy-and-hold Investing in this property could be appealing for a buy-and-hold strategy given its proximity to Porto's economic opportunities. The fair valuation suggests moderate growth potential, but investors should account for the neighbourhood's average amenities when evaluating long-term appreciation.
Economic and Tenant Instability: The property has a moderate economic stability score of 70/100 and a tenant stability score of 70/100, indicating that there could be potential volatility in both rental income and tenant retention, which may affect 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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