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, 3-bathroom house of 193 m², built in 1951, energy rating F. Located on rua da Cordoaria Velha de Lordelo, Lordelo do Ouro e Massarelos parish, Porto municipality, Porto district. Unique Feature: This property offers stunning views of the Foz of the Douro River, enhancing its appeal for potential luxury rental or conversion projects. Versatility: The potential to develop four independent apartments maximizes investment value.
The valuation. The asking price of €590,000 sits €95,457 (19.3%) above the fair value of €494,543. This property is thus considered overpriced in the current market.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Cordoaria Velha de Lordelo | Subject | €590,000 | €3,057 | — | — | 81 |
| rua Machado dos Santos, 849 | Active | €394,500 | €2,466 | 19.3% | 70 | 68 |
| Ramalde · 439169 | Active | €499,000 | €3,119 | 2.0% | — | 75 |
| rua Belos Ares | Active | €710,000 | €2,659 | 13.0% | 64 | 81 |
| Lordelo do Ouro e Massarelos · 388dae | Active | €850,000 | €3,137 | 2.6% | — | 77 |
| Median comp | €604,500 | €2,889 | 5.5% | 67 | 76 |
Long-term rental This property in Lordelo do Ouro e Massarelos, priced at €590,000, is significantly overpriced with a fair value of €494,543, representing a 19.3% gap. While it offers a gross yield of 6.2%, the condition score of 0/100 suggests substantial renovation costs that further diminish its attractiveness for long-term rental investment. Buy-and-hold Investing in this 4-bed house for €590,000 is not advisable, as it is overpriced compared to its fair value of €494,543, creating a 19.3% gap. Despite the neighbourhood rating of 81/100 supporting potential future value, the poor condition rating of 0/100 will likely lead to additional maintenance expenses, impacting overall investment returns. Luxury market The current listing price of €590,000 for this property is above its fair value of €494,543, showing a significant 19.3% overpricing. As a luxury market investment, the house's condition score of 0/100 and the high cost limit the ability to attract affluent buyers in a competitive market environment.
Economic Fluctuation Risk With an economic stability score of 80/100, there is a moderate risk of market downturns affecting property value and rental income, especially if tenant stability also remains at 80/100, indicating potential vulnerabilities in tenant retention during economic shifts.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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