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 106 m², built in 1995, energy rating C. Located Alfena parish, Valongo municipality, Porto district. The apartment features a cozy living room with a pellet stove, enhancing its warmth and energy efficiency, alongside a well-maintained common area with a barbecue for social gatherings.
The valuation. The asking price of €260,000 sits €13,276 (5.4%) above the fair value of €246,724, indicating that the property is priced at approximately its worth, ensuring a reasonable market entry point for potential investors. Buy-to-flip angle. Given the property’s location and condition, a buy-to-flip strategy could capitalize on enhancing its market appeal, targeting a resale to investors or first-time buyers looking for updated features in a burgeoning area. Buy-to-let angle. With an estimated rental income of €758/month, this property provides a gross yield of 3.5%, making it a viable option for long-term holding, especially appealing to families due to its proximity to Porto and amenities.
Fair value modelled at €246,724 from 5 comparable sales in the area. Asking €260,000 sits €13,276 (5.4%) above — overpriced versus fair value.
Asking €260,000 versus the Alfena, Valongo, Porto area baseline of €249,609 (€2,355/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 is above the parish average, lifting 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 €249,609, adjusted for condition and micro-location, gives a modelled fair value of €246,724 (€2,328/m²), a €13,276 (5.4%) gap versus the €260,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Alfena · e5561c | Subject | €260,000 | €2,453 | — | 65 | 69 |
| avenida Doutor Francisco Sá Carneiro, 60 | Active | €290,000 | €2,231 | 9.1% | 75 | 69 |
| avenida Doutor Francisco Sá Carneiro, 29 | Active | €299,000 | €2,492 | 1.6% | 74 | 70 |
| Alfena · 15e263 | Active | €270,000 | €2,328 | 5.1% | 72 | 73 |
| Alfena · f46c18 | Active | €327,500 | €2,444 | 0.4% | 72 | 75 |
| Median comp | €294,500 | €2,386 | 2.7% | 73 | 72 |
Long-term rental This property offers a gross yield of 3.5%, which is competitive in the current market context of Alfena, Valongo. While the price is aligned with fair value, this investment may provide stable returns over time given the proximity to Porto and consistent housing demand. Buy-and-hold Considering the fair valuation of €260,000 against the fair value of €246,724, this property is reasonably priced for long-term appreciation. The 70/100 condition rating and 69/100 neighborhood rating indicate potential for value improvement over the holding period. Family rental The apartment’s size and layout make it suitable for family accommodation, potentially attracting longer-term tenants. With a fair pricing structure and a stable rental yield, it can serve as a secure investment for families looking for quality housing within commuting distance to Porto.
Economic Fluctuation Risk The economic stability score of 65/100 indicates a moderate risk of fluctuations in income levels that could affect tenant retention and overall property profitability.
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