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 80 m², energy rating D. Located on praça Velásquez, Bonfim parish, Porto municipality, Porto district. The top-floor apartment features an expansive 23m² terrace with unobstructed views, ideal for outdoor living or entertaining, and benefits from proximity to the upscale Bonfim district.
The valuation. The asking price of €275,000 is only €659 (0.2%) above the fair value of €274,341, indicating that the property is overpriced. Thus, potential investors should exercise caution before making an acquisition decision.
Fair value modelled at €202,705 from the area baseline, adjusted for condition and location. Asking €275,000 sits €72,295 (26.3%) above — overpriced versus fair value.
Asking €275,000 versus the praça Velásquez area baseline of €196,960 (€2,462/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 (Condition 70 · Materials 68 · Room dimensions 67). Below-median condition lowers fair value versus a renovated baseline unit. Full condition report →
Neighbourhood score 73/100 (Housing Market 78 · Amenities 65 · Economic 76 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
praça Velásquez
Area baseline €196,960 + condition -€12,375 + location +€18,120 = modelled fair value of €202,705 (€2,534/m²), a €72,295 (26.3%) gap versus the €275,000 asking price.
Long-term rental This 2-bed apartment in Bonfim, priced at €275,000, reflects a mere 0.2% gap from its fair value of €274,341, indicating it is overpriced. With a gross yield of 4.9%, potential long-term tenants may seek better value elsewhere despite moderate amenities. Family rental The apartment's listing price of €275,000 is marginally above its fair value, making it overpriced for families looking for affordable housing in Bonfim. Although the neighborhood has a decent rating of 73/100, the property may not meet the value expectations of family renters in the area. Student housing At €275,000, this property is overpriced by 0.2% compared to its fair value of €274,341, which may deter students seeking economical housing options. Despite the urban connectivity, the apartment's condition rating of 65/100 may not appeal to student renters prioritizing affordability and quality.
Economic Fluctuation Risk The economic stability score of 76/100 suggests potential vulnerabilities in the region's economy that could affect rental income and property value stability. Hence, with a tenant stability score of 70/100, there is a reasonable risk of vacancies or rent defaults impacting cash flow.
