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 100 m². Located Paranhos parish, Porto municipality, Porto district. Note: This apartment features a dedicated parking space and additional storage, which are rare conveniences in central urban living, enhancing both accessibility and organization.
The valuation. The asking price of €298,000 exceeds the fair value of €259,068 by €38,932 (13.1%). Hence, it is deemed overpriced and may not present a strong initial investment opportunity.
Fair value modelled at €259,068 from the area baseline, adjusted for condition and location. Asking €298,000 sits €38,932 (13.1%) above — overpriced versus fair value.
Asking €298,000 versus the Paranhos, Porto, Porto area baseline of €328,200 (€3,282/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 (Condition 75 · Materials 70 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 71/100 (Housing Market 80 · Amenities 70 · Economic 75 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Paranhos, Porto, Porto
Area baseline €328,200 + condition -€7,813 + location +€20,681 = modelled fair value of €259,068 (€2,591/m²), a €38,932 (13.1%) gap versus the €298,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Paranhos · 49b7c4 | Subject | €298,000 | €2,980 | — | 75 | 71 |
| Paranhos · 38c38a | Active | €240,000 | €2,243 | 24.7% | — | 75 |
| Paranhos · 38c385 | Active | €480,000 | €2,233 | 25.1% | — | 75 |
| alameda Romualdo Cabral, 90 | Active | €308,000 | €2,567 | 13.9% | 72 | 71 |
| rua de Santos Pousada | Active | €350,000 | €2,652 | 11.0% | 68 | 71 |
| Median comp | €329,000 | €2,405 | 19.3% | 70 | 73 |
Long-term rental The property is priced at €298,000, which is 13.1% above its fair value of €259,068. While the gross yield of 4.8% may seem attractive, the overpriced nature of the apartment warrants caution for long-term rental investments. Family rental With a fair value significantly lower than the listing price, the apartment struggles to justify its €298,000 price tag despite decent metrics for family rental appeal. The family rental strategy may be compromised by the fact that the apartment is overpriced, impacting potential tenant interest and rental income stability. Buy-and-hold Investing in this property as a buy-and-hold strategy faces challenges due to its overvaluation at €298,000, exceeding the fair value by 13.1%. This pricing misalignment suggests potential challenges in achieving long-term appreciation in a market where the property is overpriced.
Tenant turnover risk: With a tenant stability score of 65/100, there is a heightened risk of turnover, potentially affecting rental income and occupancy rates.