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 95 m², built in 2022, energy rating A+. Located on rua do Carriçal, 19, Paranhos parish, Porto municipality, Porto district. Noteworthy Features: The apartment includes a designated parking space and enjoys west-facing orientation, ensuring abundant natural light throughout the day.
The valuation. The asking price of €345,000 represents a significant premium of €83,758 (24.3%) above the fair value of €261,242, categorizing this property as overpriced and unappealing for investment.
Fair value modelled at €261,242 from the area baseline, adjusted for condition and location. Asking €345,000 sits €83,758 (24.3%) above — overpriced versus fair value.
Asking €345,000 versus the rua do Carriçal, 19 area baseline of €337,915 (€3,557/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 80 · Materials 75 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 74/100 (Housing Market 70 · Amenities 70 · Economic 75 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua do Carriçal, 19
Area baseline €337,915 + condition +€4,898 + location +€22,453 = modelled fair value of €261,242 (€2,750/m²), a €83,758 (24.3%) gap versus the €345,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Carriçal, 19 | Subject | €345,000 | €3,632 | — | 80 | 74 |
| rua do Carriçal, 19 | Active | €335,000 | €3,526 | 2.9% | 85 | 76 |
| rua do Campo | Active | €280,000 | €4,912 | 35.3% | 75 | 64 |
| rua de Pedro Hispano | Active | €299,000 | €4,672 | 28.6% | 77 | 73 |
| rua da Alegria, 840 | Active | €355,000 | €3,777 | 4.0% | 80 | 78 |
| Median comp | €317,000 | €4,225 | 16.3% | 79 | 75 |
Long-term rental The property in Paranhos is currently overpriced at €345,000, which is 24.3% above its fair value of €261,242. While the gross yield of 3.9% may provide some rental income, the high purchase price limits the investment's long-term profitability. Family rental At €345,000, this property represents a significant gap from its fair value, indicating that it is overpriced by 24.3%. Although the decent condition and neighborhood rating may attract families, the financial metrics suggest that the investment does not offer adequate value. Buy-and-hold Given its overvaluation, the apartment's potential as a buy-and-hold investment is diminished; it is priced 24.3% above its fair value of €261,242. Despite location demand, the limited yield of 3.9% and elevated cost present a challenge for long-term capital appreciation.
Economic Sensitivity Risk A score of 75 in economic stability suggests that the property could be impacted by market fluctuations, making it vulnerable to economic downturns that could affect tenant retention and rental income. The tenant stability score of 75 indicates moderate reliability, which could lead to increased vacancy rates in uncertain economic conditions.
