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 135 m², energy rating D. Located on rua da Alegria, Bonfim parish, Porto municipality, Porto district. Noteworthy Features: This apartment includes a spacious open-plan living room that flows seamlessly onto a balcony, enhancing natural light and outdoor connectivity in the heart of Bonfim.
The valuation. The asking price of €500,000 sits significantly above the fair value of €383,645, with a difference of €116,355 (23.3%). This assessment indicates that the property is overpriced.
Fair value modelled at €383,645 from the area baseline, adjusted for condition and location. Asking €500,000 sits €116,355 (23.3%) above — overpriced versus fair value.
Asking €500,000 versus the rua da Alegria area baseline of €332,370 (€2,462/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 (Condition 75 · Materials 85 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 80/100 (Housing Market 85 · Amenities 80 · Economic 80 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua da Alegria
Area baseline €332,370 + condition +€11,391 + location +€39,884 = modelled fair value of €383,645 (€2,842/m²), a €116,355 (23.3%) gap versus the €500,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Alegria | Subject | €500,000 | €3,704 | — | 75 | 80 |
| rua Ramalho Ortigão | Active | €295,000 | €2,122 | 42.7% | 78 | 68 |
| rua Santo Isidro, 91 | Active | €500,000 | €3,846 | 3.8% | 79 | 78 |
| rua Santo Isidro, 91 | Active | €500,000 | €3,817 | 3.1% | 85 | 78 |
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · 090254 | Active | €530,000 | €4,240 | 14.5% | 78 | 81 |
| Median comp | €500,000 | €3,832 | 3.5% | 79 | 78 |
Long-term rental The property’s listing price of €500,000 exceeds the fair value by 23.3%, indicating it is overpriced for long-term rental investment. With a gross yield of 3.3%, the expected return does not justify the entry price compared to similar investments in the area. Family rental At €500,000, this property is considered overpriced, making it a less attractive option for family rental purposes. The yield of 3.3% does not align with the fair market expectations, potentially limiting prospective tenant interest. Buy-and-hold With a fair value of €383,645, the current listing price reflects a significant overpricing, making the buy-and-hold strategy less appealing. The property’s condition rating of 80/100 may attract buyers, but elevated pricing undermines the long-term investment potential in an otherwise stable market.
Economic Downturn Risk A notable economic stability score of 80/100 indicates potential vulnerability to market fluctuations, which could impact tenant retention and rental income.
