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 111 m², built in 2019, energy rating D. Located on rua de António Granjo, 53, Bonfim parish, Porto municipality, Porto district. Versatile outdoor space includes a private terrace with east and west solar exposure, enhancing natural lighting and offering a perfect setting for al fresco dining year-round.
The valuation. The asking price of €324,000 is significantly below the fair value of €405,901, reflecting an underpricing by €81,901 (25.3%). This presents a compelling opportunity for investors seeking value. Buy-to-flip angle. The strategy focuses on cosmetic improvements to enhance the apartment's appeal, enabling resale at a higher price point in a growing market. The goal is to achieve a quick turnaround upon renovation. Buy-to-let angle. With an estimated rental income of €1,323 per month, the property offers a gross yield of 4.9%. This ensures a stable long-term investment, appealing to families in the mixed-use neighborhood of Bonfim, Porto.
Fair value modelled at €305,051 from the area baseline, adjusted for condition and location. Asking €324,000 sits €18,949 (5.8%) above — overpriced versus fair value.
Asking €324,000 versus the rua de António Granjo, 53 area baseline of €273,282 (€2,462/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 75 · Materials 80 · Room dimensions 72). Above-median finish quality lifts fair value versus a baseline unit needing CapEx. Full condition report →
Neighbourhood score 77/100 (Housing Market 75 · Amenities 80 · Economic 80 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
rua de António Granjo, 53
Area baseline €273,282 + condition +€2,255 + location +€29,514 = modelled fair value of €305,051 (€2,748/m²), a €18,949 (5.8%) gap versus the €324,000 asking price.
Long-term rental The property in Bonfim, Porto is currently listed at €324,000, which is 25.3% below its fair value of €405,901, making it an attractive option for long-term rental investments. With a gross yield of 4.9% and a solid neighborhood score of 77/100, it presents a promising return potential in a suburban context. Buy-and-hold Investing in this 2-bed apartment provides a compelling buy-and-hold strategy, as its fair value demonstrates significant upside potential. The favorable yield of 4.9% reflects steady income potential, complimented by the property’s location near modern transport and amenities. Family rental This property is suited for family rentals, especially given its size of 111m² and the overall neighborhood quality rated at 77/100. With educational accessibility characterized by decent options and family-oriented amenities, it fits well into the family rental market dynamics of Greater Porto.
Tenant turnover risk High tenant turnover in the property could be a concern, given a tenant stability score of 75/100, potentially leading to increased vacancy periods and higher turnover costs.
