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 150 m² on the 3rd floor, energy rating E. Located on praceta Comendador de Matos, 139, Alfena parish, Valongo municipality, Porto district. This apartment features two enclosed balconies that provide versatile space for relaxation or storage, enhancing its overall livability within a quiet area of Alfena.
The asking price of €310,000 is above the fair value of €180,000, indicating a significant gap of €130,000; this represents a 42.0% downside versus the asking price. The estimated gross yield is 7.5%, suggesting a rental income potential of approximately €1,938 per month.
The property’s fair value is derived from two primary models. The Transaction model uses real transaction data from Alfena, involving 107 sales over the past year. The Adjusted asking-price model adjusts current listings to reflect realistic sale levels. These models are combined equally, with conservative adjustments for any necessary repairs. The result shows that the fair value is set at €180,000, indicating that the asking price is above the fair value. Confidence in this valuation is high, with a significant gap of €130,000, representing a 42.0% downside versus the asking price.
Gross yield 7.5% (before costs)
No specific strategy stands out for this property.
The asking price of €310,000 for the 3-bed apartment in Alfena, Valongo, significantly exceeds its fair value of €180,000, representing a 42.0% downside versus the asking price. This disparity raises concerns about the investment's long-term profitability given the apartment's condition score of 57/100 and the neighbourhood's score of 50/100, which may impact future value appreciation. Investors should carefully consider the implications of the current asking price relative to these factors before proceeding.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk Both the economic stability and tenant stability scores are at a low 50/100, indicating a risk of fluctuating demand and potentially higher vacancy rates in the area.
Grade AFindings: 0
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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