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 76 m², built in 1983. Located Paranhos parish, Porto municipality, Porto district. This apartment features two closed balconies, enhancing its living space while offering spectacular views of Porto's skyline and the sea.
The valuation. The asking price of €299,000 is significantly above the fair value of €207,867, representing an overpricing of €91,133 or 30.5%. This discrepancy suggests investors should approach with caution.
Fair value modelled at €207,867 from the area baseline, adjusted for condition and location. Asking €299,000 sits €91,133 (30.5%) above — overpriced versus fair value.
Asking €299,000 versus the Paranhos, Porto, Porto area baseline of €249,432 (€3,282/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 (Condition 72 · Materials 76 · Room dimensions 78). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 79/100 (Housing Market 80 · Amenities 82 · Economic 75 · Tenant Quality 78). Strong amenities and housing-market momentum support a premium to baseline.
Paranhos, Porto, Porto
Area baseline €249,432 + condition -€950 + location +€21,705 = modelled fair value of €207,867 (€2,735/m²), a €91,133 (30.5%) gap versus the €299,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Paranhos · 49b93c | Subject | €299,000 | €3,934 | — | 72 | 79 |
| rua de Recarei | Active | €418,000 | €3,215 | 18.3% | 74 | 62 |
| travessa Nova do Covelo, 101 | Active | €340,000 | €2,833 | 28.0% | 74 | 75 |
| rua de Santo Isidro | Active | €500,000 | €3,676 | 6.6% | 80 | 69 |
| rua de Recarei | Active | €440,000 | €3,385 | 14.0% | 76 | 67 |
| Median comp | €429,000 | €3,300 | 16.1% | 75 | 68 |
Family rental This 3-bed apartment in Paranhos is overpriced by 30.5% against its fair value of €207,867, making it a less attractive option for families seeking affordable housing. Despite a solid neighborhood score of 79/100, the high entry price limits the potential for family rentals in a competitive market. Long-term rental The gross yield of 4.8% is relatively decent, but with the property listed at €299,000, it falls short of being an appealing long-term investment given its overpriced status. The combination of a fair condition rating of 74/100 and demand in the area does not justify the current listing price, impacting rental viability. Buy-and-hold Holding this property as a buy-and-hold investment poses a risk due to its 30.5% discrepancy from fair value, which could hinder long-term appreciation. The neighborhood amenities and economic stability are promising, yet the inflated price tag might stifle future resale opportunities.
Economic Dependency Risk The property, with an economic stability score of 75/100, may be vulnerable to downturns if local economic conditions deteriorate, potentially impacting rental income.
