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, 3-bathroom apartment of 120 m² on the 2nd floor, energy rating B. Located on praça das Pocinhas, 217, Silvares, Pias, Nogueira e Alvarenga parish, Lousada municipality, Porto district. Noteworthy Features: This apartment boasts high-quality hardwood flooring and granite countertops, enhancing its aesthetic appeal while offering solid investment potential in a well-connected location.
The valuation. The asking price of €355,000 is significantly above fair value at €273,157, representing an excess of €81,843 or 30.0%. This indicates that the property is overpriced. Buy-to-flip angle. A buy-to-flip strategy is unlikely to yield high returns given the significant markup over fair value and local market conditions. Quick resale could result in substantial losses. Buy-to-let angle. A rental income strategy shows a gross yield of 2.1%, with estimated monthly income around €621. This is relatively low, suggesting limited cash flow potential for investors.
Fair value modelled at €273,157 from 6 comparable sales in the area. Asking €355,000 sits €81,843 (30.0%) above — overpriced versus fair value.
Asking €355,000 versus the praça das Pocinhas, 217 area baseline of €219,837 (€1,832/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 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 €219,837, adjusted for condition and micro-location, gives a modelled fair value of €273,157 (€2,276/m²), a €81,843 (30.0%) gap versus the €355,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praça das Pocinhas, 217 | Subject | €355,000 | €2,958 | — | 72 | 61 |
| avenida Sá e Melo | Active | €435,000 | €2,390 | 19.2% | 84 | 64 |
| rua da Costa, 109 | Active | €355,000 | €2,040 | 31.0% | 78 | 56 |
| rua Maria Antónia Neto, 88 | Active | €425,000 | €2,485 | 16.0% | 88 | 55 |
| avenida de Errenteria, 68 | Active | €320,000 | €1,818 | 38.5% | 80 | 64 |
| Median comp | €390,000 | €2,215 | 25.1% | 82 | 60 |
Long-term rental The property presents a gross yield of 2.1%, which is relatively low, indicating that it may not generate significant rental income compared to the investment. Given its fair value of €273,157 and current listing of €355,000, this property is overpriced by 30.0%, making it less attractive for long-term rental purposes. Family rental Although the suburban environment may appeal to families, the property’s condition score of 77/100 and neighborhood rating of 61/100 suggest that it may not meet the higher expectations of family tenants. With a significant gap from fair value at 30.0%, this apartments pricing appears to be above what families might reasonably pay for a rented home. Buy-and-hold Investors using a buy-and-hold strategy may find this property challenging due to its overpriced status relative to fair market value. The 2.1% yield also indicates limited potential for long-term capital appreciation and rental income, further complicating the investment case for a hold strategy.
Potential for Increased Vacancy Rates Tenants may be at a higher risk of turnover due to a tenant stability score of 60/100, which could lead to increased vacancy rates and rental income instability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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