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, 2-bathroom apartment of 148 m² on the 3rd floor, energy rating C. Located on avenida Doutor Francisco Sá Carneiro, 633, Alpendorada, Várzea e Torrão parish, Marco de Canaveses municipality, Porto district. This apartment boasts a spacious balcony that provides a panoramic view of Alpendorada, enhancing its appeal as a prime living space.
The valuation. The asking price of €290,000 sits €12,293 (4.1%) below the fair value of €302,293, indicating a fair valuation for this property. This suggests the property is positioned competitively within the market.
Fair value modelled at €302,293 from 6 comparable sales in the area. Asking €290,000 sits €12,293 (4.1%) below — the upside to fair value.
Asking €290,000 versus the avenida Doutor Francisco Sá Carneiro, 633 area baseline of €305,403 (€2,064/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 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 €305,403, adjusted for condition and micro-location, gives a modelled fair value of €302,293 (€2,043/m²), a €12,293 (4.1%) gap versus the €290,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Doutor Francisco Sá Carneiro, 633 | Subject | €290,000 | €1,959 | — | 65 | 49 |
| Alpendorada, Várzea e Torrão · 90d962 | Active | €325,000 | €2,407 | 22.9% | — | 58 |
| Rio de Moinhos · 389d33 | Active | €127,500 | €1,678 | 14.4% | 64 | 61 |
| Alpendorada, Várzea e Torrão · 76b229 | Active | €299,900 | €1,666 | 15.0% | 70 | 59 |
| rua do Praino | Active | €210,000 | €1,448 | 26.1% | 78 | 62 |
| Median comp | €254,950 | €1,672 | 14.7% | 70 | 60 |
Long-term rental This property presents a modest yield of 2.7% gross, suggesting stable but limited rental income potential for long-term tenants. Given the fair valuation and the condition rating of 70/100, it may appeal to steady renters seeking longer leases in the rural Norte region. Buy-and-hold With a fair value status and a gap of only 4.1% from the listing price, this property holds potential for gradual appreciation over time in a market that relies heavily on local industries. The current tenant quality and stable economic context may support steady demand, making it a strategic choice for a long-term investment.
Economic Vulnerability The property faces a risk due to an economic stability score of 45/100, indicating potential volatility in market conditions that may affect rental income. Tenant Instability With a tenant stability score of 50/100, there is a heightened risk of tenant turnover, which could lead to increased vacancy rates and reduced cash flow.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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