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 D. Located on rua Ferreira Cardoso, 105, Bonfim parish, Porto municipality, Porto district. Notable Features: This apartment boasts high ceilings that enhance natural light, while its location in Bonfim offers a vibrant blend of cultural identity and urban convenience.
The valuation. The asking price of €230,000 is significantly above the fair value of €136,257, representing an excess of €93,743 (40.8%). Verdict: overpriced. Buy-to-flip angle. The apartment can be renovated and upgraded, potentially increasing its value for resale, targeting a profit margin aligned with the high demand typical of the Bonfim area. Buy-to-let angle. With an estimated gross yield of 4.9%, the property could generate approximately €939 per month in rental income, targeting stable returns in a robust rental market fueled by local tourism.
Fair value modelled at €136,257 from the area baseline, adjusted for condition and location. Asking €230,000 sits €93,743 (40.8%) above — overpriced versus fair value.
Asking €230,000 versus the rua Ferreira Cardoso, 105 area baseline of €130,486 (€2,462/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 62/100 (Condition 60 · Materials 65 · Room dimensions 60). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 82/100 (Housing Market 80 · Amenities 80 · Economic 85 · Tenant Quality 85). Strong amenities and housing-market momentum support a premium to baseline.
rua Ferreira Cardoso, 105
Area baseline €130,486 + condition -€10,931 + location +€16,702 = modelled fair value of €136,257 (€2,571/m²), a €93,743 (40.8%) gap versus the €230,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Ferreira Cardoso, 105 | Subject | €230,000 | €4,340 | — | 60 | 82 |
| rua da Constituição | Active | €350,000 | €4,023 | 7.3% | — | 74 |
| rua Vale Formoso | Active | €200,000 | €3,333 | 23.2% | 60 | 69 |
| rua do Monte da Estação | Active | €215,000 | €3,525 | 18.8% | 60 | 71 |
| Santa Marinha e São Pedro da Afurada · 65a4a4 | Active | €160,000 | €3,200 | 26.3% | — | 75 |
| Median comp | €207,500 | €3,429 | 21.0% | 60 | 73 |
Long-term rental The 1-bed apartment in Bonfim is priced at €230,000, significantly exceeding its fair value of €136,257, leading to an overpriced assertion. With a gross yield of 4.9% in a reputable neighborhood rated 82/100, this investment does not present an attractive opportunity given the current market conditions. Buy-and-hold Considering the property's valuation of €230,000 against a fair value of €136,257, the buy-and-hold strategy is compromised as the property is overpriced by 40.8%. The potential for appreciation in Bonfim is limited, making long-term growth uncertain despite the decent neighborhood rating. Family rental While family rentals can thrive in desirable locations, this 1-bed apartment priced at €230,000 is overpriced in relation to its fair value of €136,257. The property lacks appropriate space for a family, which diminishes its rental appeal even in a valued neighborhood like Bonfim.
Economic dependency risk: With both economic stability and tenant stability rated at 85/100, the property might be highly dependent on prevailing economic conditions, which could make it vulnerable to shifts in the market that affect demand or rental income.
