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 103 m², energy rating C. Located on calçada da Póvoa, Bonfim parish, Porto municipality, Porto district. Noteworthy Feature: The property includes a rare outdoor area, perfect for creating a small garden or leisure space in the urban context of Porto. Condition Notes: Shows moderate wear, with some updates needed.
The valuation. The asking price of €390,000 is significantly above fair value, which is assessed at €266,313. This results in a discrepancy of €123,687, or 31.7%, indicating the property is overpriced.
Fair value modelled at €266,313 from the area baseline, adjusted for condition and location. Asking €390,000 sits €123,687 (31.7%) above — overpriced versus fair value.
Asking €390,000 versus the calçada da Póvoa area baseline of €253,586 (€2,462/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 64/100 (Condition 60 · Materials 65 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 80/100 (Housing Market 85 · Amenities 75 · Economic 80 · Tenant Quality 80). Strong amenities and housing-market momentum support a premium to baseline.
calçada da Póvoa
Area baseline €253,586 + condition -€17,703 + location +€30,430 = modelled fair value of €266,313 (€2,586/m²), a €123,687 (31.7%) gap versus the €390,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| calçada da Póvoa | Subject | €390,000 | €3,786 | — | 60 | 80 |
| Bonfim · 49b86d | Active | €325,000 | €3,611 | 4.6% | 66 | 61 |
| rua Dom Agostinho de Jesus e Sousa, 30 | Active | €325,000 | €3,421 | 9.6% | — | 74 |
| avenida de Fernão de Magalhães | Active | €345,000 | €3,557 | 6.1% | 70 | 85 |
| Bonfim · 262017 | Active | €325,000 | €3,421 | 9.6% | 70 | 80 |
| Median comp | €325,000 | €3,489 | 7.9% | 70 | 77 |
Long-term rental The 3-bed apartment is overpriced at €390,000 compared to its fair value of €266,313, resulting in a significant gap of 31.7%. With a gross yield of only 4.1% and a condition rating of 64/100, the investment may not meet the desired returns for long-term rental investors. Family rental While the apartment is located in a neighbourhood rated 80/100, it is still overpriced at €390,000 against a fair value of €266,313, indicating that potential rental income may not justify the high purchase price. Families may find more value in alternatives, given the higher cost and modest condition rating of 64/100. Buy-and-hold Although the location in Greater Porto has appealing amenities and received an 80/100 neighbourhood rating, the current asking price of €390,000 is significantly above the fair value of €266,313. This creates a challenge for buy-and-hold investors, as the 4.1% yield may not compensate for the capital outlay in a potentially overpriced market.
Economic Dependence Risk The economic stability score of 80/100 suggests a reliance on a potentially volatile economic environment, which could affect rental income.
