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, 1-bathroom apartment of 60 m², energy rating D. Located on rua da Alegria, Paranhos parish, Porto municipality, Porto district. Noteworthy Features: This renovated apartment includes two private balconies with direct access from both bedrooms, enhancing outdoor living and natural light in a top-floor, quiet environment. Prepared for Living: Fully equipped kitchen with contemporary finishes. Location Advantage: Just 50 meters from the Combatants Metro, offering excellent connectivity to downtown Porto. Valuation Verdict: Fair
The valuation. The asking price of €285,000 significantly exceeds the fair value of €169,401, with a difference of €115,599 (40.6%). As such, this property is deemed overpriced.
Fair value modelled at €169,401 from the area baseline, adjusted for condition and location. Asking €285,000 sits €115,599 (40.6%) above — overpriced versus fair value.
Asking €285,000 versus the rua da Alegria area baseline of €213,420 (€3,557/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 83/100 (Condition 85 · Materials 82 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 74/100 (Housing Market 80 · Amenities 70 · Economic 75 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua da Alegria
Area baseline €213,420 + condition +€7,500 + location +€14,181 = modelled fair value of €169,401 (€2,823/m²), a €115,599 (40.6%) gap versus the €285,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Alegria | Subject | €285,000 | €4,750 | — | 85 | 74 |
| rua de Monsanto | Active | €215,000 | €4,135 | 13.0% | 87 | 71 |
| rua da Constituição | Active | €355,000 | €5,000 | 5.3% | 74 | 76 |
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · bf2875 | Active | €280,000 | €4,912 | 3.4% | 76 | 80 |
| rua do Cativo | Active | €380,000 | €3,838 | 19.2% | 80 | 72 |
| Median comp | €317,500 | €4,524 | 4.8% | 78 | 74 |
Long-term rental This 2-bed apartment in Paranhos, Porto is overpriced at €285,000, compared to a fair value of €169,401, indicating a significant 40.6% gap. With a gross yield of 4.3%, potential returns may not justify the high entry price, making it a less attractive option for sustainable investment. Buy-and-hold The current valuation of €285,000, with a fair value of €169,401, highlights an overpriced asset that does not align with prudent buy-and-hold strategies. The condition rating of 83/100 suggests decent maintenance, but the inflated price diminishes long-term profit potential. Family rental As a family rental, this property is currently overpriced at €285,000 compared to the fair value of €169,401, creating a 40.6% disparity. While the neighborhood rating of 74/100 indicates some appeal, the financial demands of this price point may deter family tenants seeking reasonable rental options.
Tenant turnover risk The tenant stability score of 70/100 suggests a potential risk of higher turnover rates, which could lead to increased vacancy periods and costs related to tenant acquisition and property management.
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