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, 1-bathroom apartment of 35 m² on the 1st floor. Located on rua do Castelo de Penedono, 55, Ramalde parish, Porto municipality, Porto district. This apartment features large windows that enhance natural light and create an inviting atmosphere, alongside a well-utilized open floor plan that maximizes space efficiency.
The valuation. The asking price of €400,000 is significantly higher than the fair value of €88,344, representing an overvaluation of €311,656 (77.9%). This price point highlights its status as an overpriced asset.
Fair value modelled at €88,344 from the area baseline, adjusted for condition and location. Asking €400,000 sits €311,656 (77.9%) above — overpriced versus fair value.
Asking €400,000 versus the rua do Castelo de Penedono, 55 area baseline of €115,990 (€3,314/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 (Condition 70 · Materials 65 · Room dimensions 68). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 69/100 (Housing Market 75 · Amenities 65 · Economic 65 · Tenant Quality 68). Strong amenities and housing-market momentum support a premium to baseline.
rua do Castelo de Penedono, 55
Area baseline €115,990 + condition -€4,375 + location +€6,549 = modelled fair value of €88,344 (€2,524/m²), a €311,656 (77.9%) gap versus the €400,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Castelo de Penedono, 55 | Subject | €400,000 | €11,429 | — | 70 | 69 |
| avenida dos Combatentes da Grande Guerra, 232 | Active | €330,000 | €8,684 | 24.0% | 65 | 78 |
| Lordelo do Ouro e Massarelos · cfe1ef | Active | €430,000 | €6,143 | 46.2% | 75 | 76 |
| rua de Cedofeita, 390 | Active | €340,000 | €6,071 | 46.9% | 60 | 77 |
| rua de Ceuta, 88 | Active | €510,000 | €10,851 | 5.1% | 75 | 80 |
| Median comp | €385,000 | €7,414 | 35.1% | 70 | 78 |
Long-term rental The 1-bed apartment in Ramalde, listed at €400,000, is overpriced by 77.9% compared to its fair value of €88,344, which raises concerns for investors expecting attractive returns. With a gross yield of only 2.3%, this strategy is unlikely to deliver satisfactory income, given the high purchase price. Family rental While the property is situated in a typical safe residential community with access to Porto's amenities, the significant gap of 77.9% from its fair market value indicates a poor investment opportunity for family rentals. The gross yield of 2.3% does not justify the €400,000 asking price, making it less appealing in this competitive rental market. Buy-and-hold Investing in this 1-bed apartment as a buy-and-hold strategy is not advisable, as the property is overpriced by 77.9% compared to its fair value of €88,344. The low gross yield of 2.3% further discourages long-term investment, especially when solid appreciation potential is lacking in this price range.
Inconsistent economic signals With an economic stability score of 65/100 and a tenant stability score of 68/100, there is a risk of fluctuating tenant demand that may affect rental income predictability over time.
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