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 65 m². Located on rua de Dom João IV, 588, Bonfim parish, Porto municipality, Porto district. Unique Feature: The apartment boasts a spacious private storage area and comes with a dedicated parking space, a rare find in central Porto. Condition: Excellent condition with high-quality finishes.
The valuation. The asking price of €273,000 sits significantly above the fair value of €186,272, resulting in an overpriced status of €86,728 (31.8%). This indicates that the property fails to represent a financially sound investment at its current listing. Buy-to-flip angle. The resale strategy could involve a renovation to improve aesthetic appeal or utility, targeting buyers willing to pay a premium for modern updates. With Porto's housing demand, a price markup from €273,000 is anticipated within a short resale window. Buy-to-let angle. A rental approach indicates potential monthly income of approximately €978, yielding around 4.3%. This long-term strategy capitalizes on Porto's strong rental market, particularly attractive to students and urban professionals.
Fair value modelled at €186,272 from the area baseline, adjusted for condition and location. Asking €273,000 sits €86,728 (31.8%) above — overpriced versus fair value.
Asking €273,000 versus the rua de Dom João IV, 588 area baseline of €160,030 (€2,462/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 (Condition 85 · Materials 80 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 81/100 (Housing Market 80 · Amenities 80 · Economic 85 · Tenant Quality 80). Strong amenities and housing-market momentum support a premium to baseline.
rua de Dom João IV, 588
Area baseline €160,030 + condition +€6,398 + location +€19,844 = modelled fair value of €186,272 (€2,866/m²), a €86,728 (31.8%) gap versus the €273,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua de Dom João IV, 588 | Subject | €273,000 | €4,200 | — | 85 | 81 |
| rua Cardeal Dom Américo, 211 | Active | €298,000 | €4,382 | 4.3% | 72 | 76 |
| Paranhos · 023853 | Active | €230,000 | €4,600 | 9.5% | 80 | 66 |
| Paranhos · 0014dc | Active | €230,000 | €4,600 | 9.5% | 85 | 74 |
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · 49b68b | Active | €299,000 | €4,983 | 18.7% | 78 | 79 |
| Median comp | €264,000 | €4,600 | 9.5% | 79 | 75 |
Long-term rental The 1-bed apartment in Bonfim, Porto, is currently priced significantly above its fair value, being 31.8% overpriced at €273,000 compared to the fair valuation of €186,272. Despite the appealing yield of 4.3% gross and desirable neighborhood ratings, the inflated price diminishes potential returns for long-term rental investors. Student housing While Bonfim boasts a vibrant atmosphere attractive to students and benefits from good amenities, the property’s current listing price of €273,000 is not justified by the fair value of €186,272, indicating a 31.8% gap. The investment opportunity is further impacted by the 4.3% gross yield which may not compensate for the high purchase cost in the competitive student housing market. Buy-and-hold Investing in the 1-bed apartment for a buy-and-hold strategy appears unwise due to its overvalued price of €273,000, which exceeds the fair value by 31.8% at €186,272. Even with a reasonable condition rating of 81/100, this property’s excessive price likely undermines its long-term appreciation and cash flow potential.
Economic downturn risk A slight decline in economic stability from 85 to below 80 could impact tenant demand and increase vacancy rates, posing a risk to rental income.
