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, 2-bathroom apartment of 144 m² on the 4th floor, built in 2001, energy rating B. Located on rua Nossa Senhora Piedade, Alfena parish, Valongo municipality, Porto district. Noteworthy Features: The living room features a cozy built-in fireplace complemented by a heat recovery system, enhancing energy efficiency and comfort in colder months.
The valuation. The asking price of €328,000 sits below the fair value of €357,478, indicating a difference of €29,478 (8.2%). This property is currently fairly valued and offers potential for a stable investment.
Fair value modelled at €357,478 from 6 comparable sales in the area. Asking €328,000 sits €29,478 (8.2%) below — the upside to fair value.
Asking €328,000 versus the rua Nossa Senhora Piedade area baseline of €308,264 (€2,141/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 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 €308,264, adjusted for condition and micro-location, gives a modelled fair value of €357,478 (€2,482/m²), a €29,478 (8.2%) gap versus the €328,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Nossa Senhora Piedade | Subject | €328,000 | €2,278 | — | 70 | 62 |
| Alfena · 5b8643 | Active | €255,000 | €2,452 | 7.6% | 74 | 68 |
| rua Humberto Delgado | Active | €289,000 | €2,513 | 10.3% | 78 | 62 |
| rua Fontes Pereira de Melo | Active | €320,000 | €2,602 | 14.2% | 90 | 69 |
| Alfena · 96c5f7 | Active | €298,500 | €2,195 | 3.6% | 78 | 67 |
| Median comp | €293,750 | €2,483 | 9.0% | 78 | 68 |
Long-term rental\nThis 2-bed apartment in Alfena is fairly priced at €328,000, reflecting a slight gap of 8.2% compared to its fair value of €357,478. With a gross yield of 2.9% and a decent condition score of 75/100, this property can attract stable tenants looking for long-term housing options in the suburban area influenced by Porto's economic vibrancy.\n\nFamily rental\nThe property's condition and generous space of 144m² make it suitable for families seeking comfortable accommodations in a suburban environment. Given the fair pricing and the neighborhood score of 62/100, this apartment can appeal to families looking for residences near Porto's amenities and job opportunities.\n\nBuy-and-hold\nInvesting in this apartment represents a moderate opportunity as it is fairly valued with potential stable returns given its 2.9% yield. The property's position within the growing suburban belt of Porto suggests it could appreciate over time while serving as a reliable asset in the buy-and-hold strategy.
Tenant turnover risk High tenant turnover is likely given the combined economic stability score of 60/100 and tenant stability score of 55/100, indicating potential challenges in retaining reliable tenants and maintaining rental income.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
