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 97 m², built in 1995, energy rating C. Located on avenida de Fernão de Magalhães, Bonfim parish, Porto municipality, Porto district. Notable Features: The apartment benefits from a basement storage area, enhancing its functionality for urban living in a vibrant neighborhood with excellent public transport access.
The valuation. The asking price of €345,000 is significantly above fair value at €258,874, creating an excess of €86,126 (25.0%). This property can be classified as overpriced in the current market conditions.
Fair value modelled at €258,874 from the area baseline, adjusted for condition and location. Asking €345,000 sits €86,126 (25.0%) above — overpriced versus fair value.
Asking €345,000 versus the avenida de Fernão de Magalhães area baseline of €238,814 (€2,462/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 72 · Materials 78 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx. Full condition report →
Neighbourhood score 71/100 (Housing Market 75 · Amenities 70 · Economic 70 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
avenida de Fernão de Magalhães
Area baseline €238,814 + condition +€0 + location +€20,060 = modelled fair value of €258,874 (€2,669/m²), a €86,126 (25.0%) gap versus the €345,000 asking price.
Long-term rental The property is overpriced by 25.0%, which diminishes its attractiveness as a long-term rental investment. With a gross yield of 5.1%, the financial return does not justify the current asking price, indicating a less favorable investment opportunity. Buy-and-hold Considering its fair value of €258,874, the property's current listing price of €345,000 suggests it may not offer the long-term appreciation potential that investors typically seek. As such, this strategy is less appealing given the significant gap from fair value and the associated investment risks. Value-add renovation Though a value-add renovation strategy could enhance the property's condition, the existing high price point inhibits immediate financial benefit. With the renovation costs potentially raising the investment above fair value, this strategy faces considerable financial challenges due to the initial overpricing.
Moderate Economic Fluctuation Risk Considering both the economic stability score of 70 and the tenant stability score of 70, there is a moderate risk that economic conditions may lead to fluctuating tenant demand, potentially impacting rental income and occupancy rates negatively.
