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, 1-bathroom apartment of 115 m² on the 1st floor, energy rating C. Located Mancelos parish, Amarante municipality, Porto district. Noteworthy Features: The apartment features high-quality TEKA appliances in the kitchen and benefits from PVC windows with double glazing for improved insulation in a quiet neighborhood.
The valuation. The asking price of €169,500 sits €9,190 (5.1%) below the fair value of €178,690. This indicates the property is fairly valued within the current market.
Fair value modelled at €178,690 from 6 comparable sales in the area. Asking €169,500 sits €9,190 (5.1%) below — the upside to fair value.
Asking €169,500 versus the Mancelos, Amarante, Porto area baseline of €125,443 (€1,091/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 €125,443, adjusted for condition and micro-location, gives a modelled fair value of €178,690 (€1,554/m²), a €9,190 (5.1%) gap versus the €169,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Mancelos · 2d8360 | Subject | €169,500 | €1,474 | — | 70 | 64 |
| rua do Monte Crasto, 470 | Active | €183,500 | €1,596 | 8.3% | 80 | 70 |
| Mancelos · 57faa9 | Active | €350,000 | €1,606 | 8.9% | 70 | 59 |
| Mancelos · 0019ab | Active | €189,000 | €1,512 | 2.6% | — | 57 |
| rua do Convento, 424 | Active | €255,000 | €1,342 | 8.9% | — | 56 |
| Median comp | €222,000 | €1,554 | 5.4% | 75 | 58 |
Long-term rental This 3-bed apartment in Mancelos has a fair value close to its listing price, indicating a balanced investment opportunity but without significant upside potential; maintaining the current rental yield may not effectively generate income. Given the neighborhood's mixed residential characteristics, the long-term rental market could attract stable tenants despite yielding 0% gross. Family rental While the property is priced fairly, the 0% gross yield indicates that it may not provide immediate financial returns, making it less appealing for families seeking affordable housing options. The 73/100 condition of the apartment suggests it could be a suitable choice for families looking for a livable space in a neighborhood with moderate ratings. Buy-and-hold As a buy-and-hold strategy, this apartment represents a fair investment while highlighted by its current stagnation in yield; investors should be aware that appreciation in this market may be limited over time. The mixed residential profile of Mancelos suggests a potential for gradual value increase, although it may not outperform other investment avenues in the near future.
Economic Vulnerability The economic stability score of 60/100 indicates a moderate vulnerability to economic downturns, potentially affecting tenant retention and rental income.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Login Required
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Sign in to buy the report or use a credit
