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 118 m² on the 1st floor, built in 2008, energy rating B. Located on rua Nova do Cavaco, 104, Cidade da Maia parish, Maia municipality, Porto district. Noteworthy Features: The apartment boasts a heat recovery system that enhances energy efficiency, while its strategic East/West orientation maximizes natural light, creating a vibrant living environment throughout the day.
The valuation. The asking price of €385,000 sits €77,495 (25.2%) above the fair value of €307,505, indicating that the property is overpriced. Careful consideration should be taken in evaluating the investment potential given this disparity.
Fair value modelled at €307,505 from 6 comparable sales in the area. Asking €385,000 sits €77,495 (25.2%) above — overpriced versus fair value.
Asking €385,000 versus the rua Nova do Cavaco, 104 area baseline of €280,890 (€2,380/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 is above the parish average, lifting 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 €280,890, adjusted for condition and micro-location, gives a modelled fair value of €307,505 (€2,606/m²), a €77,495 (25.2%) gap versus the €385,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Nova do Cavaco, 104 | Subject | €385,000 | €3,263 | — | 80 | 61 |
| rua de António Barbosa da Silva, 36 | Active | €355,000 | €2,591 | 20.6% | 73 | 71 |
| avenida Visconde Barreiros, 288 | Active | €540,000 | €2,596 | 20.4% | 74 | 70 |
| Castêlo da Maia · 956aa3 | Active | €497,000 | €2,616 | 19.8% | 79 | 75 |
| Cidade da Maia · a79e28 | Active | €339,000 | €3,606 | 10.5% | 73 | 73 |
| Median comp | €426,000 | €2,606 | 20.1% | 74 | 72 |
Long-term rental The property at €385,000 is overpriced by 25.2% compared to the fair value of €307,505, which limits its attractiveness for long-term rental opportunities. With a gross yield of just 3.9%, investors may find more lucrative alternatives in the market. Buy-and-hold This apartment's current price point places it significantly above fair value, reducing the potential return on investment for a buy-and-hold strategy. Given a condition rating of 81/100, while it is generally appealing, the substantial premium may hinder long-term appreciation. Family rental At €385,000, this property is mispriced, making it less ideal for family rental strategies despite its spacious layout. The relatively low neighborhood score of 61/100 further suggests that the demand for families may not justify the current listing price.
Economic Instability Risk The economic stability score of 65/100 suggests potential vulnerabilities in the local economy that may affect rental income and property value over time.
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