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.
7-bedroom, 0-bathroom house of 339 m². Located on rua do Bonjardim, Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória parish, Porto municipality, Porto district. This property offers a rare opportunity for expansion with the potential to develop an additional floor, increasing the total usable area to approximately 410 m².
The valuation. The asking price of €550,000 is significantly below the fair value of €954,782, creating a substantial discrepancy of €404,782 (73.6%). This property is subvalued, presenting a compelling opportunity for investors.
Fair value modelled at €954,782 from the area baseline, adjusted for condition and location. Asking €550,000 sits €404,782 (73.6%) below — the upside to fair value.
Asking €550,000 versus the rua do Bonjardim area baseline of €1,112,598 (€3,282/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 20/100 (Condition 15 · Materials 25 · Room dimensions 30). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 80/100 (Housing Market 90 · Amenities 80 · Economic 80 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua do Bonjardim
Area baseline €1,112,598 + condition -€291,328 + location +€133,512 = modelled fair value of €954,782 (€2,816/m²), a €404,782 (73.6%) gap versus the €550,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Bonjardim | Subject | €550,000 | €1,622 | — | 15 | 80 |
| rua do Bonfim | Active | €430,000 | €2,756 | 69.9% | — | 73 |
| Paranhos · 389434 | Active | €330,000 | €943 | 41.9% | — | 71 |
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · ba5c01 | Active | €550,000 | €2,594 | 59.9% | 25 | 68 |
| rua do Bonfim | Active | €430,000 | €1,822 | 12.3% | 40 | 74 |
| Median comp | €430,000 | €2,208 | 36.1% | 33 | 72 |
Long-term rental The property is strategically positioned in a central area of Porto with an attractive 8.1% gross yield. With the fair value assessed at €954,782, the current listing of €550,000 presents an excellent opportunity for steady rental income amidst a stable housing market. Buy-and-hold Given the significant 73.6% gap from fair value, this property represents a solid long-term investment that can appreciate over time as the neighbourhood continues to develop. The central location lends itself well to value growth, making it an opportune addition to a buy-and-hold strategy. Short-term vacation rental With a favourable gross yield of 8.1% and a vibrant local economy, the property is well-suited for short-term rentals aimed at tourists seeking to explore central Porto. The neighbourhood's appeal adds another layer of attractiveness for potential guests, capitalizing on the city's charm and amenities.
Economic Downturn Risk With an economic stability score of 80/100 and a tenant stability score of 75/100, a potential economic downturn could adversely impact tenant retention and rental income, increasing vacancy rates beyond current levels.
