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, 2-bathroom apartment of 111 m² on the 2nd floor, energy rating C. Located on rua Mário Mendes S / N, Águas Santas parish, Maia municipality, Porto district. Noteworthy features: The apartment includes a dedicated garage space and benefits from a layout that optimizes natural light throughout the living areas.
The valuation. The asking price of €340,000 sits significantly above the fair value of €295,507, indicating it is overpriced by €44,493 (15.1%). This discrepancy suggests potential buyers may need to negotiate substantially to reach a more reasonable valuation.
Fair value modelled at €295,507 from 6 comparable sales in the area. Asking €340,000 sits €44,493 (15.1%) above — overpriced versus fair value.
Asking €340,000 versus the rua Mário Mendes S / N area baseline of €282,036 (€2,541/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 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 €282,036, adjusted for condition and micro-location, gives a modelled fair value of €295,507 (€2,662/m²), a €44,493 (15.1%) gap versus the €340,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Mário Mendes S / N | Subject | €340,000 | €3,063 | — | 70 | 70 |
| estrada Nova | Active | €249,000 | €2,621 | 14.4% | 72 | 70 |
| estrada Nova | Active | €289,000 | €3,108 | 1.5% | 70 | 71 |
| Ermesinde · 90d912 | Active | €319,000 | €2,703 | 11.7% | 72 | 74 |
| Águas Santas · 6eb8ec | Active | €315,000 | €2,299 | 24.9% | 72 | 75 |
| Median comp | €302,000 | €2,662 | 13.1% | 72 | 73 |
Long-term rental The property in Águas Santas presents a gross yield of 3.9%, which is relatively low considering current market conditions. Furthermore, with the listing price of €340,000 being 15.1% higher than the fair value of €295,507, the investment does not appear to generate adequate returns for a long-term rental strategy. Buy-and-hold While the property offers a reasonable living space in a suburban area with decent amenities, its current price reflects a 15.1% premium over its fair value. As a buy-and-hold investment, the potential for appreciation may be hindered by its overpriced status at €340,000 in comparison to the fair value of €295,507. Family rental The 3-bed layout and neighborhood rating of 70/100 make this property a potentially suitable option for family rentals, but the high asking price limits its attractiveness. The €340,000 listing, which exceeds the fair value by 15.1%, complicates the ability to attract family tenants seeking value for their investment.
Economic and Tenant Stability Risk: With both economic and tenant stability scores at 70/100, there is a moderate risk of fluctuations in tenant retention and local economic conditions impacting 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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