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, 6-bathroom house of 318 m². Located on rua Tapadas, Paredes de Viadores e Manhuncelos parish, Marco de Canaveses municipality, Porto district. Noteworthy Features: This property includes a significant 5,000 m² rustic land area, offering ample space for landscaping and outdoor activities, despite its current unmaintained state.
The valuation. The asking price of €120,000 sits significantly below the fair value of €207,370, with a difference of €87,370 (42.1%). This property is clearly underpriced in the current market.
Fair value modelled at €207,370 from 6 comparable sales in the area. Asking €120,000 sits €87,370 (42.1%) below — the upside to fair value.
Asking €120,000 versus the rua Tapadas area baseline of €331,961 (€1,044/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 15/100 is below the parish average, reducing fair value versus a typical-condition unit.
Recent nearby listings price below the wider parish average — a hyper-local discount distinct from the parish baseline.
Base gap of €331,961, adjusted for condition and micro-location, gives a modelled fair value of €207,370 (€652/m²), a €87,370 (42.1%) gap versus the €120,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Tapadas | Subject | €120,000 | €377 | — | 24 | 54 |
| rua do Arcal, 581 | Active | €125,000 | €313 | 17.2% | — | 55 |
| Paredes de Viadores e Manhuncelos · 51ca0d | Active | €132,500 | €417 | 10.4% | — | 59 |
| travessa Doutor Miranda da Rocha, 549 | Active | €250,000 | €2,016 | 434.3% | — | 59 |
| Penha Longa e Paços de Gaiolo · 6271b8 | Active | €155,000 | €544 | 44.1% | — | 66 |
| Median comp | €143,750 | €481 | 27.3% | — | 59 |
Buy-and-hold The property is currently listed at €120,000, which is significantly below its fair value of €207,370, representing a gap of 42.1%. Given the neighbourhood's residential characteristics and proximity to Porto, this investment offers strong long-term appreciation potential. Long-term rental Although the property is in a condition rated 15/100, its lower pricing presents an opportunity for renovation and subsequent rental. This strategy can harness the demand for residential housing in an area with a neighbourhood score of 54/100, likely attracting long-term tenants despite the current yield of 0%.
Economic Vulnerability With an economic stability score of 55/100, there's a risk that fluctuations in the local economy could negatively impact rental income and property value. Tenant Instability A tenant stability score of 50/100 suggests a higher likelihood of turnover and vacancies, which can lead to increased costs and reduced revenue.
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