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 112 m² on the 3rd floor, energy rating D. Located on rua São José, 50, Alfena parish, Valongo municipality, Porto district. Noteworthy features: The apartment boasts a jacuzzi bathtub in the suite and has been upgraded with premium cabinetry and large-format tiles, ensuring a modern luxury feel throughout.
The valuation. The asking price of €276,000 sits €29,880 (12.1%) above the fair value of €246,120, indicating the property is overpriced. This discrepancy should be carefully considered by potential buyers in their investment analysis.
Fair value modelled at €246,120 from 6 comparable sales in the area. Asking €276,000 sits €29,880 (12.1%) above — overpriced versus fair value.
Asking €276,000 versus the rua São José, 50 area baseline of €202,797 (€1,811/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 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 €202,797, adjusted for condition and micro-location, gives a modelled fair value of €246,120 (€2,198/m²), a €29,880 (12.1%) gap versus the €276,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua São José, 50 | Subject | €276,000 | €2,464 | — | 74 | 73 |
| Valongo · cfdf2e | Active | €284,900 | €2,064 | 16.2% | 72 | 76 |
| rua Vila Beatriz | Active | €230,000 | €1,966 | 20.2% | 82 | 65 |
| Valongo · 735613 | Active | €284,900 | €2,064 | 16.2% | 73 | 71 |
| rua Cidade de Trelazé | Active | €275,000 | €2,331 | 5.4% | 75 | 71 |
| Median comp | €279,950 | €2,064 | 16.2% | 74 | 71 |
Long-term rental The 2-bed apartment in Alfena is overpriced compared to the fair value estimate, making it a less attractive option for long-term rental investments. With a gross yield of only 2.9%, the return is not sufficient to justify the premium price. Family rental This property may appeal to families seeking housing near Porto; however, it is currently overpriced at €276,000 versus the fair market value of €246,120. The modest yield of 2.9% suggests that the investment does not align well with typical family rental returns. Buy-and-hold While the location near Porto offers potential for growth, the significant gap between the listing price and fair value indicates that this buy-and-hold strategy may not yield the desired results. Overpricing at €276,000 could diminish long-term appreciation potential and overall return on investment.
Tenant turnover risk: With a tenant stability score of 70/100, there is an increased likelihood of more frequent tenant turnover, which could lead to higher vacancy rates and associated costs.
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
