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.
1-bedroom, 1-bathroom apartment of 63 m², built in 1988, energy rating D. Located on rua Nove de Abril, Paranhos parish, Porto municipality, Porto district. Unique Feature: The apartment includes an open-space parking area, a rare find in this densely populated and highly sought-after residential neighborhood of Porto. Location Highlight: Its strategic position provides exceptional access to multiple metro stations and major roadways, ensuring convenient connectivity throughout the city and beyond.
The valuation. The asking price of €220,500 sits €66,471 (30.1%) above the fair value of €154,029, categorizing this property as overpriced. This disparity indicates a significant gap between market expectations and actual worth.
Fair value modelled at €154,029 from the area baseline, adjusted for condition and location. Asking €220,500 sits €66,471 (30.1%) above — overpriced versus fair value.
Asking €220,500 versus the rua Nove de Abril area baseline of €206,766 (€3,282/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 61/100 (Condition 66 · Materials 62 · Room dimensions 58). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 70/100 (Housing Market 70 · Amenities 65 · Economic 75 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Nove de Abril
Area baseline €206,766 + condition -€13,486 + location +€12,408 = modelled fair value of €154,029 (€2,445/m²), a €66,471 (30.1%) gap versus the €220,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Nove de Abril | Subject | €220,500 | €3,500 | — | 66 | 70 |
| São Mamede de Infesta e Senhora da Hora · 6d5572 | Active | €209,000 | €4,098 | 17.1% | 72 | 75 |
| rua dos Cedros, 4 | Active | €199,900 | €3,920 | 12.0% | 62 | 71 |
| rua Diu | Active | €245,000 | €3,267 | 6.7% | 60 | 75 |
| rua de Antero de Quental | Active | €225,000 | €4,500 | 28.6% | 68 | 80 |
| Median comp | €217,000 | €4,009 | 14.5% | 65 | 75 |
Long-term rental The 1-bed apartment in Paranhos is overpriced by 30.1% compared to its fair value, making it less appealing for potential long-term rental investments. With a gross yield of only 4.5%, investors may find better opportunities elsewhere that align more closely with market expectations. Buy-and-hold Holding this property in its current overpriced state could hinder capital appreciation, given the fair value of €154,029. Investors should scrutinize the market for more advantageous buy-and-hold options that do not suffer from such high purchase prices. Family rental The pricing at €220,500 is excessive for a family rental strategy, especially in a suburban environment like Greater Porto with moderate urban influence. Families may favor more affordable options that provide better value, leading to potential vacancy issues in this overpriced apartment.
Economic Volatility The property could face challenges due to its economic stability score of 75/100, indicating potential fluctuations in local economic conditions that may affect tenant demand and rent prices.**
