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 77 m², built in 1977, energy rating D. Located on rua de Costa Cabral, 405, Paranhos parish, Porto municipality, Porto district. This apartment features a spacious open-plan living area that maximizes natural light, creating an inviting social environment, along with a dedicated laundry room for added convenience.
The valuation. The asking price of €349,000 sits significantly above the fair value of €207,832, resulting in a discrepancy of €141,168 or 40.4%. This property is considered overpriced in the current market. Buy-to-flip angle. The resale strategy would involve upgrading the apartment to enhance its appeal and potentially increasing the asking price beyond €349,000, targeting a profit margin through a quick sale. Buy-to-let angle. With an estimated rental income of €1,076/month, the gross yield stands at 3.7%, making this property a candidate for long-term family rentals in the Greater Porto area.
Fair value modelled at €207,832 from the area baseline, adjusted for condition and location. Asking €349,000 sits €141,168 (40.4%) above — overpriced versus fair value.
Asking €349,000 versus the rua de Costa Cabral, 405 area baseline of €273,889 (€3,557/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 75 · Materials 80 · Room dimensions 77). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 69/100 (Housing Market 75 · Amenities 65 · Economic 70 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua de Costa Cabral, 405
Area baseline €273,889 + condition +€3,850 + location +€14,408 = modelled fair value of €207,832 (€2,699/m²), a €141,168 (40.4%) gap versus the €349,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua de Costa Cabral, 405 | Subject | €349,000 | €4,532 | — | 75 | 69 |
| rua Tristāo Vaz Teixeira, 81 | Active | €274,500 | €2,288 | 49.5% | 75 | 71 |
| rua da Constituição | Active | €355,000 | €5,000 | 10.3% | 74 | 76 |
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · bf2875 | Active | €280,000 | €4,912 | 8.4% | 76 | 80 |
| rua da Alegria | Active | €285,000 | €4,750 | 4.8% | 85 | 74 |
| Median comp | €282,500 | €4,831 | 6.6% | 76 | 75 |
Long-term rental This 2-bed apartment in Paranhos is overpriced at €349,000, representing a significant gap of 40.4% above its fair value of €207,832. With a gross yield of only 3.7% and a neighbourhood rating of 69/100, it is unlikely to attract quality tenants at this price point. Buy-and-hold Investing in this property as a buy-and-hold option is not advisable given its current valuation; the gap to fair value indicates considerable risk. The lower condition score of 78/100 and suburban amenities suggest limited appreciation potential in this overpriced market. Family rental This apartment, while suitable for family rental, is overpriced at €349,000 compared to its fair value of €207,832, making it a less attractive option for long-term family tenants. The modest yield of 3.7%, coupled with an average neighbourhood score, suggests that families may seek better value elsewhere.
Economic Vulnerability The property is at risk due to its economic stability score of 70/100, indicating potential fluctuations in income due to economic factors that could impact tenant retention.
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