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 114 m², built in 2008, energy rating C. Located Paranhos parish, Porto municipality, Porto district. This property features an independent kitchen with a dedicated dining area and abundant natural light from east-west solar exposure, enhancing its spacious feel.
The valuation. The asking price of €420,000 is significantly above fair value, which sits at €298,047, reflecting an overpriced status of €121,953 (29.0%). This disparity raises concerns about the potential for equitable investment returns.
Fair value modelled at €298,047 from the area baseline, adjusted for condition and location. Asking €420,000 sits €121,953 (29.0%) above — overpriced versus fair value.
Asking €420,000 versus the Paranhos, Porto, Porto area baseline of €405,498 (€3,557/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 69/100 (Condition 72 · Materials 66 · Room dimensions 75). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 75/100 (Housing Market 80 · Amenities 70 · Economic 75 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Paranhos, Porto, Porto
Area baseline €405,498 + condition -€10,688 + location +€28,067 = modelled fair value of €298,047 (€2,614/m²), a €121,953 (29.0%) gap versus the €420,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Paranhos · 08ff32 | Subject | €420,000 | €3,684 | — | 72 | 75 |
| Paranhos · 49b93c | Active | €299,000 | €3,934 | 6.8% | 72 | 79 |
| Ramalde · 90d7c7 | Active | €395,000 | €3,496 | 5.1% | — | 72 |
| rua de Recarei | Active | €418,000 | €3,215 | 12.7% | 74 | 62 |
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · 735472 | Active | €295,000 | €4,683 | 27.1% | 75 | 82 |
| Median comp | €347,000 | €3,715 | 0.8% | 74 | 76 |
Family rental This property is overpriced by 29.0% compared to its fair value of €298,047, which limits potential upside for family tenants seeking better value in the Paranhos area. With a gross yield of just 3.6%, the investment does not offer a compelling opportunity for families looking for long-term rentals. Long-term rental Given the high asking price of €420,000, this apartment does not represent an attractive long-term rental option, especially considering the fair value stands at €298,047. Tenants in search of stability and affordability may look elsewhere, given the low yield of 3.6%. Buy-and-hold The 29.0% gap from fair value indicates that this property is overpriced for a buy-and-hold investment strategy, as the fair value is significantly lower at €298,047. Holding onto an asset that offers a modest 3.6% gross yield in a suburban area could lead to underperformance in the long run.
Tenant Turnover Risk: With both Economic and Tenant Stability scores at 75/100, there is notable potential for tenant turnover which could lead to vacancy periods impacting cash flow.
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