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 53 m², energy rating B. Located on rua da Alegria, Bonfim parish, Porto municipality, Porto district. Noteworthy Features: The apartment boasts a well-designed kitchen featuring high-quality materials and a welcoming ambiance thanks to ample natural light, enhancing the modern urban living experience.
The valuation. The asking price of €297,000 is significantly above the fair value of €150,897, presenting an excess of €146,103 (49.2%). The property is deemed overpriced based on this analysis.
Fair value modelled at €150,897 from the area baseline, adjusted for condition and location. Asking €297,000 sits €146,103 (49.2%) above — overpriced versus fair value.
Asking €297,000 versus the rua da Alegria area baseline of €130,486 (€2,462/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 (Condition 85 · Materials 80 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 78/100 (Housing Market 80 · Amenities 80 · Economic 85 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua da Alegria
Area baseline €130,486 + condition +€5,797 + location +€14,614 = modelled fair value of €150,897 (€2,847/m²), a €146,103 (49.2%) gap versus the €297,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Alegria | Subject | €297,000 | €5,604 | — | 85 | 78 |
| travessa da Senhora da Conceição, 374 | Active | €270,000 | €6,000 | 7.1% | 75 | 76 |
| Santa Marinha e São Pedro da Afurada · 1e6523 | Active | €220,000 | €5,946 | 6.1% | 73 | 80 |
| alameda no Centro de Gaia | Active | €330,000 | €4,853 | 13.4% | 85 | 73 |
| Pedrouços · e40adf | Active | €230,000 | €2,614 | 53.4% | 76 | 76 |
| Median comp | €250,000 | €5,400 | 3.6% | 76 | 76 |
Long-term rental Despite the central Porto location, the 1-bed apartment is currently overpriced, with a fair value of €150,897 compared to the listing price of €297,000, indicating a significant discrepancy. The gross yield of 3.7% does not justify this premium, suggesting that long-term rental may not provide sufficient returns for potential investors. Buy-and-hold While the property has a solid condition rating of 82/100 and a desirable location, its valuation of €297,000 is misaligned with the fair value of €150,897. Investors may find that holding onto this asset could lead to underwhelming performance due to its inflated pricing. Family rental The apartment’s neighborhood rating of 78/100 and general desirability are offset by its overpriced status, as the listing price exceeds its fair value by 49.2%. This makes it less appealing for family rentals, as the investment may not yield adequate returns in the current market climate.
Economic Downturn Risk A potential economic downturn affecting the 85/100 economic stability could lead to reduced demand for rental properties, impacting tenant retention and occupancy rates given the 75/100 tenant stability score.
