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 80 m², energy rating D. Located on rua da Corujeira de Baixo, 349, Campanhã parish, Porto municipality, Porto district. Noteworthy Feature: This apartment includes a versatile closed balcony, ideal for laundry or as an additional multifunctional space, enhancing its livability despite some dated interior elements.
The valuation. The asking price of €240,000 is significantly above fair value, which is assessed at €186,005. This results in an overpricing of €53,995, or 22.5%, indicating that the property is overpriced.
Fair value modelled at €186,005 from the area baseline, adjusted for condition and location. Asking €240,000 sits €53,995 (22.5%) above — overpriced versus fair value.
Asking €240,000 versus the rua da Corujeira de Baixo, 349 area baseline of €218,720 (€2,734/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 53/100 (Condition 55 · Materials 60 · Room dimensions 50). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 71/100 (Housing Market 75 · Amenities 65 · Economic 70 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua da Corujeira de Baixo, 349
Area baseline €218,720 + condition -€27,500 + location +€16,545 = modelled fair value of €186,005 (€2,325/m²), a €53,995 (22.5%) gap versus the €240,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Corujeira de Baixo, 349 | Subject | €240,000 | €3,000 | — | 55 | 71 |
| rua José Teixeira Barreto | Active | €249,000 | €3,192 | 6.4% | 70 | 75 |
| rua Capela Lagoa | Active | €199,000 | €1,354 | 54.9% | 65 | 81 |
| calçada de Maceda | Active | €225,000 | €1,844 | 38.5% | 55 | 75 |
| rua do Falcão | Active | €225,000 | €2,813 | 6.2% | 42 | 71 |
| Median comp | €225,000 | €2,329 | 22.4% | 60 | 75 |
Long-term rental This 2-bed apartment in Campanhã, priced at €240,000, is significantly above its fair value of €186,005, which may impede long-term rental profitability. A gross yield of 4.6%, combined with the property being overpriced, suggests limited upside potential for investors focusing on stable income. Family rental The family rental market may not favor this property given its condition rating of 53/100 and the 22.5% gap between the listing price and fair value. While proximity to Porto can attract families, the high price point could limit leasing demand amidst better value options. Buy-and-hold Investing in this apartment as a buy-and-hold strategy appears less attractive due to its overpriced nature and lower yield. Maintaining a rental strategy in a property like this risks facing valuation losses in the long-term as prices adjust to fair value levels. Not ideal for short-term vacation rental As a short-term vacation rental, this property faces challenges due to its current condition and pricing above its fair value. Coupled with lower proximity to tourist attractions, it might struggle to generate adequate rental income. Not ideal for student housing This property is not suitable for student housing as the pricing does not align with the typically lower budget needs of students. Additionally, the current condition and amenities may not meet the expectations of this demographic.
Tenant turnover risk With a tenant stability score of 75/100, there is a moderate risk of tenant turnover, which could lead to increased vacancy rates and potential loss of rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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