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, 1-bathroom apartment of 87 m² on the 2nd floor, built in 1990, energy rating D. Located on praceta do Horto, 25, Valongo parish, Valongo municipality, Porto district. Noteworthy Features: The apartment includes a pantry and a top-floor storage room, enhancing the available storage space for residents. Moisture Issues: Significant damp staining observed in the bedroom affects overall condition rating.
The valuation. The asking price of €230,000 is €26,921 (13.3%) above the fair value of €203,079, indicating the property is overpriced. This discrepancy suggests caution for potential investors looking for genuine value. Buy-to-flip angle. A buy-to-flip strategy may be less viable due to the current asking price exceeding its market value, potentially limiting resale profit margins. Investors focused on renovations should consider the cost-to-value ratio carefully. Buy-to-let angle. The estimated rental income of €767 per month yields approximately 4%, aligning with long-term rental strategies. This offers steady income, though the pricing may restrict profitability in competitive rental markets.
Fair value modelled at €203,079 from 6 comparable sales in the area. Asking €230,000 sits €26,921 (13.3%) above — overpriced versus fair value.
Asking €230,000 versus the praceta do Horto, 25 area baseline of €213,580 (€2,455/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 61/100 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 €213,580, adjusted for condition and micro-location, gives a modelled fair value of €203,079 (€2,334/m²), a €26,921 (13.3%) gap versus the €230,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praceta do Horto, 25 | Subject | €230,000 | €2,644 | — | 54 | 65 |
| Fânzeres e São Pedro da Cova · 652fe2 | Active | €259,500 | €2,425 | 8.3% | 65 | 75 |
| Campo e Sobrado · 6fbaed | Active | €279,000 | €2,232 | 15.6% | 70 | 64 |
| rua Santa Joana, 66 | Active | €249,000 | €2,243 | 15.1% | 64 | 67 |
| rua Actriz Ivone Silva | Active | €315,000 | €2,143 | 18.9% | 64 | 73 |
| Median comp | €269,250 | €2,238 | 15.4% | 65 | 70 |
Long-term rental The 2-bed apartment in Valongo, listed at €230,000, is priced 13.3% above its fair value of €203,079, making it a risky investment for long-term rental as the yield of 4% gross may not compensate for the higher price. Additionally, with a condition rating of 61/100 and a neighborhood rating of 65/100, the property may struggle to attract quality tenants compared to more competitively priced options. Buy-and-hold Investing in this property as a buy-and-hold strategy is less favorable given its current listing price of €230,000, which exceeds the fair value of €203,079, indicating it is overpriced. Holding onto a property that is unlikely to appreciate in a neighborhood with a moderate rating of 65/100 may limit overall capital growth potential over time. Family rental This property is not ideal for family rental as it is overpriced at €230,000, which is significantly above the fair value of €203,079, potentially reducing demand from families looking for affordable housing. Furthermore, with a condition score of 61/100, prospective renters may opt for better-maintained alternatives in the Valongo area. Not ideal for: Short-term vacation rental, Luxury market, Student housing Considering the pricing structure and overall ratings, this property is not suitable for a short-term vacation rental or the luxury market due to its condition and high asking price, which may deter both casual renters and buyers seeking premium features in a location close to Porto. Additionally, the property does not meet the criteria for student housing, as it cannot compete with better-priced, more appealing alternatives that may be available in the area.
Tenant turnover risk The tenant stability score of 65/100 indicates a moderate risk of tenant turnover, which could lead to increased vacancy rates and associated costs.
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