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, 3-bathroom apartment of 82 m², built in 1989, energy rating F. Located on travessa Mesa, 6, Bonfim parish, Porto municipality, Porto district. Noteworthy Features: This apartment includes a private balcony that enhances the living space with outdoor access, providing an additional area for relaxation or entertainment in the vibrant heart of Porto.
The valuation. The asking price of €365,000 exceeds the fair value of €227,799 by €137,201, representing a 37.6% overpricing. This indicates that the property is not positioned as a sound investment relative to its current market value.
Fair value modelled at €227,799 from the area baseline, adjusted for condition and location. Asking €365,000 sits €137,201 (37.6%) above — overpriced versus fair value.
Asking €365,000 versus the travessa Mesa, 6 area baseline of €274,618 (€3,349/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 (Condition 80 · Materials 83 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 74/100 (Housing Market 75 · Amenities 70 · Economic 70 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
travessa Mesa, 6
Area baseline €274,618 + condition +€6,534 + location +€19,381 = modelled fair value of €227,799 (€2,778/m²), a €137,201 (37.6%) gap versus the €365,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| travessa Mesa, 6 | Subject | €365,000 | €4,451 | — | 80 | 74 |
| rua da Firmeza, 498 | Active | €670,000 | €5,154 | 15.8% | 74 | 76 |
| rua Álvaro de Castelões, 222 | Active | €360,000 | €3,913 | 12.1% | 70 | 74 |
| praça Velázquez | Active | €375,000 | €3,750 | 15.8% | 78 | 78 |
| rua Instituto de Cegos S Manuel, 22 | Active | €335,000 | €3,284 | 26.2% | 70 | 77 |
| Median comp | €367,500 | €3,832 | 13.9% | 72 | 77 |
Long-term rental With the property listed at €365,000, which significantly exceeds its fair value of €227,799, the potential for long-term rental income may not justify this investment due to a 37.6% gap. The 4.1% gross yield does not compensate for the initial overpricing and could hinder cash flow. Family rental Given the property's overvaluation, families seeking long-term accommodation might find better options elsewhere, limiting demand and occupancy rates. Coupled with a moderate neighbourhood rating of 74/100, the investment appears less attractive for family rentals. Buy-and-hold Investing in this property under the buy-and-hold strategy poses a challenge, as the significant pricing gap hampers the potential for appreciation and long-term value increase. The current economic and neighbourhood conditions suggest that holding this property may not yield desired returns over time.
Economic Vulnerability The property faces potential risks due to a moderate economic stability score of 70/100, indicating possible fluctuations in the local economy that could affect rental income and property value.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
