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.
0-bedroom, 0-bathroom mix_use_building of 223 m², energy rating D. Located on rua da Alegria, Bonfim parish, Porto municipality, Porto district. The property features a well-designed outdoor garden area and maintains its historical architecture, enhancing its appeal as both a residence and an investment opportunity.
The valuation. The asking price of €1,150,000 is significantly higher than the fair value of €616,124, putting the property overpriced by €533,876 (46.4%). This disparity suggests a lack of alignment between market expectations and listing price.
Fair value modelled at €616,124 from the area baseline, adjusted for condition and location. Asking €1,150,000 sits €533,876 (46.4%) above — overpriced versus fair value.
Asking €1,150,000 versus the rua da Alegria area baseline of €549,026 (€2,462/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 (Condition 76 · Materials 80 · Room dimensions 77). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 75/100 (Housing Market 80 · Amenities 75 · Economic 80 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua da Alegria
Area baseline €549,026 + condition +€12,195 + location +€54,903 = modelled fair value of €616,124 (€2,763/m²), a €533,876 (46.4%) gap versus the €1,150,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Alegria | Subject | €1,150,000 | €5,157 | — | 76 | 75 |
| rua das Flores | Active | €3,700,000 | €3,685 | 28.5% | 76 | 76 |
| rua da Alegria | Active | €1,150,000 | €5,157 | 0% | 74 | 81 |
| rua das Flores | Active | €3,700,000 | €3,685 | 28.5% | 75 | 82 |
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · 8d9f61 | Active | €3,590,000 | €3,779 | 26.7% | 75 | 63 |
| Median comp | €3,645,000 | €3,732 | 27.6% | 75 | 79 |
Long-term rental While the property located in Bonfim, Porto boasts a decent condition rating of 79/100, the significant pricing gap of 46.4% above fair value limits its attractiveness for long-term rental strategies. The yield of 0% further emphasizes that this property is not positioned to generate revenue through long-term leasing. Buy-and-hold Despite being situated in a cultural hotspot, the property’s listing price at €1,150,000 overshoots its fair value of €616,124 by 46.4%, signaling that it is overpriced for a buy-and-hold approach. The stagnant yield and elevated initial investment suggest that potential capital appreciation may not sufficiently compensate for the costs involved. Family rental Given the characteristics of this 0-bed mixed-use building, its current asking price is 46.4% above the fair value, rendering it less viable for family rental purposes. The absence of a gross yield implies that the financial returns from renting to families would be minimal, making this investment opportunity less compelling in the long-term rental market.
Potential Rent Default Risk Tenants may face economic pressures due to a moderate tenant stability score of 70/100, potentially leading to increased risk of rent defaults during downturns.
