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 78 m², built in 1972, energy rating D. Located on rua José Teixeira Barreto, Bonfim parish, Porto municipality, Porto district. Noteworthy Features: The property includes an accessible attic for storage, an extra pantry room, and a shared terrace, enhancing functionality and convenience for urban living in Bonfim.
The valuation. The asking price of €249,000 is significantly above the fair value of €200,515, representing an overvaluation of €48,485 (19.5%). This discrepancy suggests that the property is overpriced in the current market. Buy-to-flip angle. A buy-and-flip strategy may be challenging, as the current asking price does not provide enough equity margin for significant profit after renovations. Without substantial improvements, the resale potential remains limited. Buy-to-let angle. With an estimated monthly rental income of €1,266, the gross yield stands at 6.1%. This yield suggests potential for positive cash flow if acquired at a more favorable price point, ideally closer to fair value.
Fair value modelled at €200,515 from the area baseline, adjusted for condition and location. Asking €249,000 sits €48,485 (19.5%) above — overpriced versus fair value.
Asking €249,000 versus the rua José Teixeira Barreto area baseline of €192,036 (€2,462/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 (Condition 70 · Materials 65 · Room dimensions 68). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 75/100 (Housing Market 80 · Amenities 80 · Economic 80 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua José Teixeira Barreto
Area baseline €192,036 + condition -€10,725 + location +€19,204 = modelled fair value of €200,515 (€2,571/m²), a €48,485 (19.5%) gap versus the €249,000 asking price.
Long-term rental The current asking price of €249,000 for the 2-bed apartment in Bonfim presents a 19.5% gap to its fair value of €200,515, indicating that it is overpriced. While the 6.1% gross yield may appeal to some investors, the high initial investment dilutes its attractiveness for long-term rental potential. Buy-and-hold Given the property’s overpriced status, with a fair value shortfall of 19.5%, long-term capital appreciation is likely hindered. Therefore, investing in this property may not deliver the returns expected for a buy-and-hold strategy, especially when considering ongoing market volatility. Family rental Although this apartment is situated in a neighborhood with a respectable score of 75/100, the listing price exceeds its fair value, making it less appealing for family rental purposes. The gap to the fair value means families may seek more affordably priced options in the area, limiting tenant demand for this property.
Tenant turnover risk Potential risk of higher tenant turnover given the lower tenant stability score of 70/100, which may impact rental income and increase vacancy rates over time.
