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 152 m², built in 1961, energy rating C. Located on rua António Patrício, Lordelo do Ouro e Massarelos parish, Porto municipality, Porto district. This ground-floor apartment boasts both a spacious patio and a generously sized balcony, effectively providing outdoor living seamlessly integrated with the interior spaces, akin to a private house.
The valuation. The asking price of €545,000 sits 16.1% above the fair value of €469,529, indicating that the property is overpriced by €75,471. This discrepancy suggests a cautious approach for potential investors. Buy-to-flip angle. A resale strategy may incorporate minor aesthetic improvements to enhance appeal, but the property's asking price significantly exceeds fair value, potentially limiting profit margins on resale. Buy-to-let angle. With an estimated gross yield of 4% based on a monthly rental income of €1,817, the property offers a steady revenue stream, despite being overpriced compared to market standards.
Fair value modelled at €469,529 from 5 comparable sales in the area. Asking €545,000 sits €75,471 (16.1%) above — overpriced versus fair value.
Asking €545,000 versus the rua António Patrício area baseline of €406,565 (€2,675/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 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 €406,565, adjusted for condition and micro-location, gives a modelled fair value of €469,529 (€3,089/m²), a €75,471 (16.1%) gap versus the €545,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua António Patrício | Subject | €545,000 | €3,586 | — | 82 | 66 |
| Santa Marinha e São Pedro da Afurada · 53caf2 | Active | €585,000 | €2,600 | 27.5% | 82 | 75 |
| Aldoar, Foz Do Douro e Nevogilde · cd08fe | Active | €850,000 | €3,414 | 4.8% | 79 | 76 |
| Aldoar, Foz Do Douro e Nevogilde · 86c9fa | Active | €785,000 | €3,340 | 6.8% | 75 | 69 |
| rua de António Cândido, 314 | Active | €449,000 | €2,641 | 26.3% | 76 | 70 |
| Median comp | €685,000 | €2,991 | 16.6% | 78 | 73 |
Long-term rental The property in Lordelo do Ouro e Massarelos, listed at €545,000, is overpriced by 16.1% compared to its fair value of €469,529. With a gross yield of only 4%, the investment in long-term rental would be less attractive given the elevated price point. Buy-and-hold Investing in this 3-bed apartment as a buy-and-hold strategy is not advisable due to its current overpricing relative to the fair market value. The potential appreciation may not offset the 16.1% gap, making it a less favorable option for capital growth. Family rental While the property could serve as a family rental, its overvaluation at €545,000 limits its appeal in a suburban market context where similar options may be more reasonably priced. The neighbourhood's average rating of 66/100 and the property’s condition score of 80/100 further detract from its attractiveness as a rental for families, given the cost involved.
Economic downturn risk With an economic stability score of 65/100, there is a heightened risk of adverse economic conditions impacting property value and rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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