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 109 m² on the 5th floor, energy rating D. Located on avenida Doctor Fernando Melo, Valongo parish, Valongo municipality, Porto district. Located on the 5th floor, this apartment boasts unobstructed views and excellent sun exposure, enhancing the overall living experience in a sought-after Valongo neighborhood.
The valuation. The asking price of €340,000 exceeds its fair value of €300,669 by €39,331 (13.1%), indicating that the property is overpriced.
Fair value modelled at €300,669 from 6 comparable sales in the area. Asking €340,000 sits €39,331 (13.1%) above — overpriced versus fair value.
Asking €340,000 versus the avenida Doctor Fernando Melo area baseline of €293,155 (€2,689/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 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 €293,155, adjusted for condition and micro-location, gives a modelled fair value of €300,669 (€2,758/m²), a €39,331 (13.1%) gap versus the €340,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Doctor Fernando Melo | Subject | €340,000 | €3,119 | — | 66 | 72 |
| Ermesinde · dee5c2 | Active | €345,000 | €3,791 | 21.5% | 70 | 72 |
| Baguim do Monte (Rio Tinto) · e40b11 | Active | €269,000 | €2,514 | 19.4% | 76 | 70 |
| rua Ramalhão, 120 | Active | €350,000 | €2,756 | 11.6% | 75 | 62 |
| Baguim do Monte (Rio Tinto) · 261f69 | Active | €310,000 | €3,100 | 0.6% | 68 | 69 |
| Median comp | €327,500 | €2,928 | 6.1% | 73 | 70 |
Long-term rental The property’s gross yield of 2.7% is relatively low compared to other investment opportunities, indicating that maintaining cash flow may be challenging. Additionally, the property is priced 13.1% above fair value, suggesting that the investment may not generate adequate returns over time. Family rental While the property is situated in a neighborhood with decent amenities and tenant quality, its 13.1% premium over fair value limits attractiveness as a family rental option. Families typically seek value, and this listing does not align with the competitive pricing expected in the Valongo area. Buy-and-hold Acquiring this property for a buy-and-hold strategy would pose risks, given its overvaluation at €340,000 against a fair value of €300,669. Holding an overpriced asset can lead to prolonged periods of underperformance and limit future appreciation potential. Not ideal for short-term vacation rental The property's suburban characteristics and relatively low score for tenant quality suggest limited appeal to seasonal tourists. With its current pricing, it is unlikely to deliver the expected returns needed for a successful short-term rental strategy. Not ideal for student housing Given its proximity to Porto, the property might initially seem appealing for student housing, but its assessed overpricing detracts from its viability. Students typically have budget constraints, making an overpriced rental less competitive in a price-sensitive market.
Economic Retail Risk The economic stability score of 75 indicates potential vulnerabilities in market shifts that could affect tenant demand and rental income stability.
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