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.
2-bedroom, 2-bathroom apartment of 91 m² on the 3rd floor, energy rating B. Located on rua Doutor Joaquim Nogueira dos Santos, 226, Nogueira e Silva Escura parish, Maia municipality, Porto district. The apartment features a stone fireplace and wood-paneled ceilings, adding unique character to its modern renovation, and offers a closed balcony for additional versatile living space.
The valuation. The asking price of €290,000 exceeds the fair value of €260,591 by €29,409, or 11.3%. This property is notably overpriced in the current market. Buy-to-flip angle. A successful resale strategy would require significant market appreciation or renovation to attract a higher price, making quick gains challenging. Buy-to-let angle. The estimated monthly rental income of €991 offers a gross yield of 4.1%, making it a viable option for long-term rental investments in a suburban area benefiting from Porto's economic activity.
Fair value modelled at €260,591 from 6 comparable sales in the area. Asking €290,000 sits €29,409 (11.3%) above — overpriced versus fair value.
Asking €290,000 versus the rua Doutor Joaquim Nogueira dos Santos, 226 area baseline of €228,772 (€2,514/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 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 €228,772, adjusted for condition and micro-location, gives a modelled fair value of €260,591 (€2,864/m²), a €29,409 (11.3%) gap versus the €290,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Doutor Joaquim Nogueira dos Santos, 226 | Subject | €290,000 | €3,187 | — | 81 | 72 |
| largo Vermoim | Active | €315,000 | €2,864 | 10.1% | 75 | 64 |
| largo Vermoim | Active | €315,000 | €2,864 | 10.1% | 80 | 71 |
| largo Vermoim | Active | €310,000 | €2,818 | 11.6% | 78 | 70 |
| Ermesinde · a80643 | Active | €330,000 | €3,708 | 16.4% | 75 | 64 |
| Median comp | €315,000 | €2,864 | 10.1% | 77 | 67 |
Long-term rental This property, listed at €290,000, has a fair value estimate of €260,591, indicating a notable gap of 11.3%, positioning it as overpriced. With a gross yield of 4.1%, this investment may lack the attractive returns necessary for competitive long-term rental prospects. Family rental At a listing price that exceeds fair value by 11.3%, this 2-bed apartment may not appeal as an ideal family rental investment. The condition rating of 79/100 and neighborhood score of 72/100 may not justify the premium, indicating potential challenges in maintaining profitability. Buy-and-hold With a significant price gap and a gross yield of only 4.1%, this property is overpriced for a buy-and-hold strategy. The prevailing market conditions suggest it may not generate the expected long-term returns necessary to validate its current valuation.
Tenant Turnover Risk There is a risk of increased tenant turnover with a tenant stability score of 70/100, potentially affecting cash flow and occupancy rates.
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