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.
3-bedroom, 2-bathroom apartment of 90 m², energy rating E. Located Bonfim parish, Porto municipality, Porto district. Noteworthy Features: The apartment includes a 14m² garden providing outdoor space and a private entrance from the back street, enhancing accessibility and privacy in a bustling area.
The valuation. The asking price of €450,000 is significantly above the fair value of €208,978, representing a 53.6% overpricing. This indicates that the property is not a financially sound investment at its current listing.
Fair value modelled at €208,978 from the area baseline, adjusted for condition and location. Asking €450,000 sits €241,022 (53.6%) above — overpriced versus fair value.
Asking €450,000 versus the Bonfim, Porto, Porto area baseline of €305,730 (€3,397/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 47/100 (Condition 48 · Materials 45 · Room dimensions 50). Below-median condition lowers fair value versus a renovated baseline unit.
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.
Bonfim, Porto, Porto
Area baseline €305,730 + condition -€40,078 + location +€27,476 = modelled fair value of €208,978 (€2,322/m²), a €241,022 (53.6%) gap versus the €450,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Bonfim · f361c9 | Subject | €450,000 | €5,000 | — | 48 | 81 |
| Campanhã · ba5930 | Active | €215,000 | €2,529 | 49.4% | 38 | 74 |
| rua do Monte da Estação | Active | €215,000 | €3,909 | 21.8% | 58 | 76 |
| praceta José Fernandes Caldas, 146 | Active | €285,000 | €2,689 | 46.2% | 40 | 79 |
| Santa Marinha e São Pedro da Afurada · 735696 | Active | €350,000 | €3,043 | 39.1% | 64 | 72 |
| Median comp | €250,000 | €2,866 | 42.7% | 49 | 75 |
Long-term rental This 3-bed apartment in Bonfim, priced at €450,000, is significantly overpriced with a fair value of just €208,978, presenting a gap of 53.6%. Even with a gross yield of 4%, the substantial premium on the listing price diminishes long-term investment viability. Family rental While the 81/100 neighborhood rating suggests a diverse demographic appeal, the apartment's condition score of 47/100 indicates it may require extensive upgrades for family living. Given the 53.6% gap from fair value, this property may not attract families willing to pay a high premium in the current market. Buy-and-hold The Porto metropolitan area's economic stability can lend resilience to investments, yet the property's 53.6% markup above fair value renders it less appealing for long-term appreciation strategies. Potential buyers should consider the likelihood of slower capital growth due to the prevailing overpricing. Not ideal for: Short-term vacation rental, Luxury market, Student housing
Potential Economic Downturn The economic stability score of 85/100 suggests a strong economy, but any unforeseen downturn could impact the property value and rental income despite the tenant stability score of 80/100 indicating reliable tenants.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Login Required
Please log in or create an account to access this page.
No posts yet for this property.
