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.
1-bedroom, 2-bathroom apartment of 117 m², built in 1998. Located on rua da Boa Nova, 163, Lordelo do Ouro e Massarelos parish, Porto municipality, Porto district. This apartment features two front-facing balconies offering expansive views of Porto’s skyline and the Douro River, complemented by a spacious garage equipped with an electric vehicle charger.
The valuation. The asking price of €575,000 is significantly above the fair value of €425,940, reflecting an overpricing of €149,060 (25.9%). This discrepancy indicates a weak investment opportunity for buyers seeking value.
Fair value modelled at €425,940 from the area baseline, adjusted for condition and location. Asking €575,000 sits €149,060 (25.9%) above — overpriced versus fair value.
Asking €575,000 versus the rua da Boa Nova, 163 area baseline of €383,994 (€3,282/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 72 · Materials 80 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 76/100 (Housing Market 90 · Amenities 85 · Economic 80 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
rua da Boa Nova, 163
Area baseline €383,994 + condition +€2,011 + location +€39,935 = modelled fair value of €425,940 (€3,641/m²), a €149,060 (25.9%) gap versus the €575,000 asking price.
Long-term rental The 1-bed apartment in Lordelo do Ouro e Massarelos is overpriced at €575,000, compared to its fair value of €425,940, indicating a significant gap of 25.9%. At a gross yield of only 2.7%, long-term rental potential does not justify the current pricing in this market. Buy-and-hold Investing in this property as a buy-and-hold strategy appears less favorable due to its valuation of €575,000, which exceeds the fair value of €425,940 by 25.9%. With a condition rating of 76/100, the opportunity for appreciation in a robust market is overshadowed by the high entry price. Student housing While the proximity to central business and cultural areas suggests potential for student housing, the current listing price of €575,000 is overpriced compared to the fair value of €425,940. The 2.7% gross yield makes it a less attractive proposition for this demographic, who typically look for more affordable options. Not ideal for: Luxury market, Short-term vacation rental
Tenant turnover risk The tenant stability score of 60/100 indicates a moderate risk of tenant turnover which could result in increased vacancy rates and associated costs.