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 €201,884 (€2,462/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 €201,884 + 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.
