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, 2-bathroom apartment of 110 m², energy rating D. Located on parque da Prelada, Ramalde parish, Porto municipality, Porto district. Noteworthy Features: This apartment boasts a generous balcony accessible from the living room, enhancing outdoor living space, alongside a closed garage complete with a charging point for electric vehicles.
The valuation. The asking price of €338,000 is €62,910 (18.6%) above the fair value of €275,090, indicating that the property is overpriced.
Fair value modelled at €275,090 from the area baseline, adjusted for condition and location. Asking €338,000 sits €62,910 (18.6%) above — overpriced versus fair value.
Asking €338,000 versus the parque da Prelada area baseline of €270,820 (€2,462/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 (Condition 72 · Materials 70 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 66/100 (Housing Market 70 · Amenities 60 · Economic 70 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
parque da Prelada
Area baseline €270,820 + condition -€13,062 + location +€17,332 = modelled fair value of €275,090 (€2,501/m²), a €62,910 (18.6%) gap versus the €338,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| parque da Prelada | Subject | €338,000 | €3,073 | — | 72 | 66 |
| Paranhos · 49b880 | Active | €275,000 | €2,750 | 10.5% | 70 | 69 |
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · 99f43b | Active | €345,000 | €2,634 | 14.3% | 68 | 80 |
| rua de Vila Nova | Active | €333,000 | €2,281 | 25.8% | 65 | 71 |
| avenida Calouste Gulbenkian | Active | €355,000 | €2,113 | 31.2% | 70 | 66 |
| Median comp | €339,000 | €2,458 | 20.0% | 69 | 70 |
Long-term rental The property is currently overpriced with a gap of 18.6% above fair value, making it a less attractive option for long-term rental investments. The 3.9% gross yield does not justify the inflated pricing in Ramalde's housing market. Buy-and-hold Investing in this centrally located apartment presents challenges, primarily due to its status as overpriced, which diminishes potential capital appreciation. The fair value indicates that holding onto this property may not yield favorable returns in the long run. Family rental While the location offers good amenities and decent school access, the apartment’s current valuation is overpriced by 18.6%, suggesting a poor investment opportunity for family rental purposes. The combination of a low yield and high fair value could deter potential tenants seeking affordability and value in Ramalde.
Economic and Tenant Stability Risk The economic stability score of 70 and tenant stability score of 65 indicate potential volatility in rental income, which could lead to difficulty in maintaining consistent cash flow.
