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 144 m² on the 5th floor, built in 2005, energy rating D. Located on avenida Doutor Fernando Melo, Valongo parish, Valongo municipality, Porto district. Noteworthy Features: The apartment boasts unobstructed views from its two balconies, enhancing both natural light and leisure opportunities in Valongo's most valued avenue. Additional Cons: The garage's basic concrete design may not appeal to those seeking more finished spaces.
The valuation. The asking price of €340,000 sits €22,402 (7.1%) above the fair value of €317,598, positioning the property as fairly valued in the current market. Buy-to-flip angle. The potential resale strategy involves upgrading select elements to capitalize on market demand, targeting a swift return on investment after minor renovations. Buy-to-let angle. A rental income strategy estimates gross yields of 3.8%, amounting to approximately €1,077 per month, appealing for long-term family rentals given the suburban location's access to amenities.
Fair value modelled at €317,598 from 6 comparable sales in the area. Asking €340,000 sits €22,402 (7.1%) above — overpriced versus fair value.
Asking €340,000 versus the avenida Doutor Fernando Melo area baseline of €296,425 (€2,059/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 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 €296,425, adjusted for condition and micro-location, gives a modelled fair value of €317,598 (€2,206/m²), a €22,402 (7.1%) gap versus the €340,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Doutor Fernando Melo | Subject | €340,000 | €2,361 | — | 70 | 61 |
| rua Montalto | Active | €310,000 | €2,583 | 9.4% | 73 | 68 |
| avenida Doutor Fernando Melo, 203 | Active | €329,500 | €2,320 | 1.7% | 72 | 68 |
| rua Doutor João Alves do Vale | Active | €288,900 | €2,124 | 10.0% | 73 | 74 |
| Valongo · cfdf2e | Active | €284,900 | €2,064 | 12.6% | 72 | 76 |
| Median comp | €299,450 | €2,222 | 5.9% | 73 | 71 |
Long-term rental The property yields a gross rental return of 3.8%, which is reasonable given its suburban location with access to Porto's amenities and employment opportunities. However, the property is fairly priced relative to its fair value, suggesting limited upside for long-term rental investors. Buy-and-hold With a fair value gap of 7.1%, this property offers a stable holding option for investors looking to benefit from consistent rental income and low crime rates in the area. The quality of the apartment's condition and the neighborhood score indicate a stable investment, although there is little room for appreciation. Family rental Catering to families is a viable option due to the property's adequate space and suburban amenities, alongside generally low crime rates in the area. While the neighborhood score of 61/100 suggests some potential challenges, the fair pricing indicates that investors should not expect significant appreciation in value over time.
Economic Exposure With an economic stability score of 60/100, there is a significant risk that regional economic downturns could negatively impact property values and rental income stability.
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