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.
4-bedroom, 2-bathroom apartment of 180 m² on the 3rd floor, built in 2002, energy rating F. Located Alpendorada, Várzea e Torrão parish, Marco de Canaveses municipality, Porto district. Noteworthy Features: The apartment boasts a spacious attic, providing additional storage or potential living space, and showcases traditional terracotta flooring that enhances its character and charm.
The valuation. The asking price of €299,900 is significantly below fair value of €397,069, presenting a discount of €97,169 or 24.5%. This position indicates a strong opportunity for capital appreciation.
Fair value modelled at €397,069 from 6 comparable sales in the area. Asking €299,900 sits €97,169 (24.5%) below — the upside to fair value.
Asking €299,900 versus the Alpendorada, Várzea e Torrão, Marco de Canaveses, Porto area baseline of €378,486 (€2,103/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 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 €378,486, adjusted for condition and micro-location, gives a modelled fair value of €397,069 (€2,206/m²), a €97,169 (24.5%) gap versus the €299,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Alpendorada, Várzea e Torrão · 76b229 | Subject | €299,900 | €1,666 | — | 70 | 59 |
| Eja · a80605 | Active | €289,999 | €2,339 | 40.4% | 80 | 68 |
| rua do Castanheiro | Active | €289,999 | €2,339 | 40.4% | 75 | 57 |
| Alpendorada, Várzea e Torrão · 90d962 | Active | €325,000 | €2,407 | 44.5% | — | 58 |
| Rio de Moinhos · 389d33 | Active | €127,500 | €1,678 | 0.7% | 64 | 61 |
| Median comp | €289,999 | €2,339 | 40.4% | 75 | 60 |
Long-term rental The property offers a significant gap of 24.5% compared to its fair value of €397,069, indicating an opportunity for securing stable long-term tenants in a neighborhood with a decent housing market. Despite a gross yield of 0%, the economic stability provided by its proximity to Porto ensures consistent rental demand. Buy-and-hold This asset's fair value assessment highlights the potential for capital appreciation, presenting a compelling case for a buy-and-hold strategy. With current conditions rating at 75/100, it provides a suitable environment for long-term investment growth as the neighborhood develops further. Value-add renovation Investing in value-add renovations could capitalize on the property’s condition rating of 75/100, allowing enhancements that may appeal to higher-quality tenants and future buyers. Given the gap to fair value, strategic upgrades can substantially increase overall property worth, aligning with market trends for property improvements. Not ideal for luxury market The property lacks characteristics typically sought after in the luxury market, which may limit its appeal to high-end buyers. Consequently, targeting this demographic may lead to prolonged vacancies and ultimately a loss in potential investment returns. Not ideal for short-term vacation rental Due to its 0% gross yield and lower neighborhood rating, the property is not positioned favorably for short-term vacation rentals, which often demand higher earnings potential. Therefore, this strategy may not yield the desired financial results compared to long-term options. Not ideal for student housing With a neighborhood quality rating of 59/100, the area may not attract a sufficient student populace, making it an unfit choice for a student housing venture. This could limit demand and result in lower occupancy rates, adversely affecting rental income potential.
Economic Volatility Risk The property is exposed to potential economic downturns due to its economic stability score of 60/100, which indicates a moderate level of risk in maintaining stable income streams. Tenant Turnover Risk With a tenant stability score of 60/100, there is a significant risk of turnover leading to potential vacancy periods and increased leasing costs.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
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.
Log in to buy the report or use a credit
