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 111 m² on the 1st floor, built in 2002, energy rating C. Located Lustosa e Barrosas (Santo Estêvão) parish, Lousada municipality, Porto district. Noteworthy Features: The apartment includes a convenient pantry and a dedicated laundry room, enhancing functionality and storage options in a compact living space.
The valuation. The asking price of €200,000 sits €6,143 (3.0%) below the fair value of €206,143, confirming that the property is fairly priced for the market. This positions it attractively for potential investors. Buy-to-flip angle. The resale or wholesale strategy could target a modest markup, leveraging the appealing location and necessary cosmetic improvements to enhance value. Potentially, updates could see resale at or above fair value, maximizing returns. Buy-to-let angle. With a gross yield of 0%, the apartment may require strategic rental pricing to achieve positive cash flow. Long-term family rentals in this mixed neighborhood could attract reliable tenants, ensuring steady rental income.
Fair value modelled at €206,143 from 5 comparable sales in the area. Asking €200,000 sits €6,143 (3.0%) below — the upside to fair value.
Asking €200,000 versus the Lustosa e Barrosas (Santo Estêvão), Lousada, Porto area baseline of €188,950 (€1,702/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 63/100 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 €188,950, adjusted for condition and micro-location, gives a modelled fair value of €206,143 (€1,857/m²), a €6,143 (3.0%) gap versus the €200,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Lustosa e Barrosas (Santo Estêvão) · 51cab2 | Subject | €200,000 | €1,802 | — | 55 | 65 |
| Lustosa e Barrosas (Santo Estêvão) · 7caafd | Active | €195,000 | €1,857 | 3.1% | 75 | 58 |
| Lustosa e Barrosas (Santo Estêvão) · 5ece90 | Active | €219,900 | €2,244 | 24.5% | 65 | 62 |
| rua das Lajes, 68 | Active | €192,000 | €1,670 | 7.3% | 76 | 63 |
| Lustosa e Barrosas (Santo Estêvão) · 5b880c | Active | €217,000 | €1,669 | 7.4% | 72 | 69 |
| Median comp | €206,000 | €1,764 | 2.1% | 74 | 63 |
Long-term rental The property could serve as a long-term rental, but with a yield of 0% and a fair value gap of only 3%, potential returns may be limited. Its moderate neighborhood score of 65 suggests that tenant quality may be average, which could affect rental demand. Buy-and-hold While holding this property may allow for appreciation over time, the current valuation does not present any immediate financial advantage, as it is priced fairly at €200,000. The apartment’s condition score of 63 indicates some need for improvement, which could further constrain future value growth. Family rental As a family rental, this apartment may attract tenants due to its size and location, but the fair valuation points to limited pricing flexibility. Moreover, the neighborhood's average amenities and moderate tenant quality might impact the property's attractiveness in the long run.
Economic and Tenant Instability Risk With both economic and tenant stability scores at 70/100, there is a moderate risk of fluctuating rental income due to potential economic downturns or tenant turnover, impacting property profitability.
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