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.
2-bedroom, 1-bathroom apartment of 95 m², built in 2021, energy rating A+. Located on rua do Carriçal, 19, Paranhos parish, Porto municipality, Porto district. Noteworthy Features: The apartment boasts a spacious open-concept living area that seamlessly connects the kitchen and living room, enhancing both functionality and social interaction.
The valuation. The asking price of €335,000 is €64,910 (19.4%) above the fair value of €270,090, indicating that the property is overpriced. This discrepancy suggests potential challenges in achieving a profitable resale or rental scenario. Buy-to-flip angle. A buy-to-flip strategy may yield limited returns due to the property’s overpriced listing and the necessary market adjustments. Consequently, renovations aimed at enhancing appeal and functionality should be carefully calculated against the high initial investment. Buy-to-let angle. With an estimated rental income of €1,117 monthly, the gross yield sits at 4%. This yield signals steady cash flow potential, although the property’s high acquisition cost may impact long-term profitability in the rental market.
Fair value modelled at €270,090 from the area baseline, adjusted for condition and location. Asking €335,000 sits €64,910 (19.4%) above — overpriced versus fair value.
Asking €335,000 versus the rua do Carriçal, 19 area baseline of €311,790 (€3,282/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 83/100 (Condition 85 · Materials 84 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 76/100 (Housing Market 80 · Amenities 70 · Economic 75 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua do Carriçal, 19
Area baseline €311,790 + condition +€11,875 + location +€24,325 = modelled fair value of €270,090 (€2,843/m²), a €64,910 (19.4%) gap versus the €335,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Carriçal, 19 | Subject | €335,000 | €3,526 | — | 85 | 76 |
| rua do Carriçal, 19 | Active | €345,000 | €3,632 | 3.0% | 80 | 74 |
| rua do Campo | Active | €280,000 | €4,912 | 39.3% | 75 | 64 |
| rua da Alegria, 840 | Active | €355,000 | €3,777 | 7.1% | 80 | 78 |
| rua de Pedro Hispano | Active | €299,000 | €4,672 | 32.5% | 77 | 73 |
| Median comp | €322,000 | €4,225 | 19.8% | 79 | 74 |
Long-term rental The property is overpriced at €335,000 compared to the fair value of €270,090, highlighting a significant gap of 19.4%. With a gross yield of only 4%, this investment lacks the financial appeal typically sought in long-term rentals. Family rental Given its proximity to Porto and decent neighborhood ratings, the apartment could serve families well; however, its current listing price does not reflect its fair value. The property is therefore overpriced at €335,000, which may limit its attractiveness as a family rental option. Buy-and-hold Investing in this 2-bed apartment as a buy-and-hold strategy appears less favorable due to its overpriced nature at €335,000 against a fair value of €270,090. Although the location has promise, the current pricing detracts from the long-term capital growth potential expected in a sound buy-and-hold investment.
Market Volatility Risk The economic and tenant stability scores of 75/100 indicate that while the property is stable, any fluctuations in the economy could lead to an increased risk of tenant turnover or reduced rental income.
