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.
4-bedroom, 4-bathroom apartment of 160 m², built in 2003, energy rating B. Located on praça Velásquez, Bonfim parish, Porto municipality, Porto district. Noteworthy Features: This apartment boasts a unique combination of traditional Portuguese architecture with modern fixtures, enhancing its charm while offering a spacious balcony perfect for outdoor relaxation.
The valuation. The asking price of €750,000 is significantly above the fair value of €446,115, resulting in an excessive markup of €303,885 (40.5%). This property is clearly overpriced compared to its intrinsic value.
Fair value modelled at €446,115 from the area baseline, adjusted for condition and location. Asking €750,000 sits €303,885 (40.5%) above — overpriced versus fair value.
Asking €750,000 versus the praça Velásquez area baseline of €393,920 (€2,462/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 72 · Materials 80 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 79/100 (Housing Market 85 · Amenities 80 · Economic 80 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
praça Velásquez
Area baseline €393,920 + condition +€6,500 + location +€45,695 = modelled fair value of €446,115 (€2,788/m²), a €303,885 (40.5%) gap versus the €750,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praça Velásquez | Subject | €750,000 | €4,688 | — | 72 | 79 |
| praça Velásquez | Active | €650,000 | €4,276 | 8.8% | 78 | 80 |
| rua Cabo Verde | Active | €559,900 | €2,692 | 42.6% | 75 | 74 |
| praça Velásquez | Active | €1,260,000 | €4,078 | 13.0% | 80 | 72 |
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · 00166f | Active | €1,200,000 | €5,150 | 9.9% | 70 | 75 |
| Median comp | €925,000 | €4,177 | 10.9% | 77 | 75 |
Long-term rental The property at €750,000 is significantly overpriced with a fair value of €446,115, indicating a 40.5% gap that detracts from its appeal as a long-term rental investment. With a gross yield of just 2.7%, the financial returns do not justify this elevated price point. Student housing Despite being located in a culturally rich area, the apartment's overpricing at €750,000 compared to its fair value of €446,115 makes it a less desirable option for student housing. The strong demand from students does not compensate for the lack of value proposition inherent in its high listing price. Short-term vacation rental The current listing price of €750,000 positions this apartment as overpriced relative to its fair market value of €446,115, revealing a significant 40.5% premium. With a gross yield of only 2.7%, potential earnings from short-term rentals are insufficient to warrant the investment at this inflated price.
Tenant turnover risk: With a tenant stability score of 70/100, there is a significant risk of higher tenant turnover, which may lead to increased vacancy rates and associated costs.
