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, 1-bathroom apartment of 147 m² on the 1st floor, built in 2010, energy rating D. Located on rua do Duque da Terceira, 412, Bonfim parish, Porto municipality, Porto district. Noteworthy Features: This apartment offers a private patio suitable for additional parking and is situated in Porto's Arts District, enhancing its artistic charm and accessibility to cultural sites.
The valuation. The asking price of €550,000 is significantly above the fair value of €407,411, indicating an overpricing of €142,589 (25.9%). This limits the investment's attractiveness, particularly for buyers seeking value. Buy-to-flip angle. A buy-to-flip strategy could be pursued by renovating the property to meet market expectations, aiming for a quick resale at a higher price point. However, the current asking price suggests that profit margins may be thin. Buy-to-let angle. With an estimated gross yield of 3.5%, generating around €1,604 per month in rental income could provide steady cash flow. While the income is moderate, the solid condition of the apartment can attract reliable tenants.
Fair value modelled at €407,411 from the area baseline, adjusted for condition and location. Asking €550,000 sits €142,589 (25.9%) above — overpriced versus fair value.
Asking €550,000 versus the rua do Duque da Terceira, 412 area baseline of €492,303 (€3,349/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 72 · Materials 80 · Room dimensions 77). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 80/100 (Housing Market 90 · Amenities 80 · Economic 90 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
rua do Duque da Terceira, 412
Area baseline €492,303 + condition +€2,067 + location +€43,430 = modelled fair value of €407,411 (€2,772/m²), a €142,589 (25.9%) gap versus the €550,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Duque da Terceira, 412 | Subject | €550,000 | €3,741 | — | 72 | 80 |
| rua Diogo de Silves | Active | €299,500 | €3,565 | 4.7% | 75 | 73 |
| rua do Campo Alegre | Active | €435,000 | €3,750 | 0.2% | 74 | 79 |
| rua Professor Urbano de Moura | Active | €395,000 | €2,484 | 33.6% | 73 | 75 |
| rua do Capitão Pombeiro | Active | €297,000 | €3,857 | 3.1% | 75 | 72 |
| Median comp | €347,250 | €3,658 | 2.2% | 75 | 74 |
Long-term rental The property is priced at €550,000, significantly above its fair value of €407,411, indicating it is overpriced. With a gross yield of only 3.5% and a condition score of 76/100, the long-term rental outlook is compromised by its elevated entry cost. Short-term vacation rental While Bonfim's neighborhood boasts an 80/100 rating, the property's current price of €550,000 is well above the fair valuation of €407,411, making it overpriced. The gap of 25.9% suggests that expected returns from short-term rentals may not justify the investment at this price point. Buy-and-hold Investing in this property for a buy-and-hold strategy is less attractive due to its listing price of €550,000 exceeding the fair value of €407,411 and indicating it is overpriced. The moderate gross yield of 3.5% further diminishes its potential for long-term wealth accumulation in a rising market. Not ideal for: Student housing, Luxury market, Agricultural development.
Tenant turnover risk With a tenant stability score of 60/100, there is a significant risk of higher tenant turnover, which could lead to increased vacancy rates and associated costs.
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