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 95 m², built in 1967, energy rating C. Located Bonfim parish, Porto municipality, Porto district. Noteworthy Features: This apartment's blend of modern updates and traditional aesthetics is enhanced by polished wooden floors and ample natural light throughout the spacious living areas.
The valuation. The asking price of €325,000 sits €67,051 (20.6%) above the fair value of €257,949. This valuation indicates that the property is overpriced and may not provide the anticipated returns for future investors.
Fair value modelled at €257,949 from the area baseline, adjusted for condition and location. Asking €325,000 sits €67,051 (20.6%) above — overpriced versus fair value.
Asking €325,000 versus the Bonfim, Porto, Porto area baseline of €233,890 (€2,462/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 (Condition 70 · Materials 78 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 80/100 (Housing Market 90 · Amenities 80 · Economic 85 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Bonfim, Porto, Porto
Area baseline €233,890 + condition -€4,008 + location +€28,067 = modelled fair value of €257,949 (€2,715/m²), a €67,051 (20.6%) gap versus the €325,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Bonfim · 262017 | Subject | €325,000 | €3,421 | — | 70 | 80 |
| avenida de Fernão de Magalhães | Active | €345,000 | €3,557 | 4.0% | 70 | 85 |
| travessa Nova do Covelo, 101 | Active | €340,000 | €2,833 | 17.2% | 74 | 75 |
| avenida de Fernão de Magalhães | Active | €345,000 | €3,557 | 4.0% | 72 | 71 |
| rua de Santo Isidro | Active | €500,000 | €3,676 | 7.5% | 80 | 69 |
| Median comp | €345,000 | €3,557 | 4.0% | 73 | 73 |
Long-term rental The property has a gross yield of 4.8%, which is relatively attractive; however, the listing price is significantly above its fair value by 20.6%. This overpricing may hinder potential returns on investment and could lead to challenges in securing long-term tenants. Short-term vacation rental Despite the urban setting's advantages and solid neighborhood score of 80/100, the property’s price tag of €325,000 suggests it may not generate favorable cash flow for short-term vacation rentals. The 20.6% markup compared to fair value implies that the property's potential profitability is compromised, making it a less attractive option for this strategy. Buy-and-hold While Porto's strong real estate demand signifies a potentially stable investment, the current listing price reflects an overvaluation of 20.6% against its fair value. Holding onto this property could result in stagnated capital appreciation and limit long-term gains due to its high acquisition cost. Not ideal for The property is not suited for student housing given its pricing and the competitive landscape in the area. Furthermore, it does not align well with the luxury market, which typically demands properties with higher standards and lower price constraints.
Tenant turnover risk High tenant turnover could be a concern due to the tenant stability score of 70/100, which indicates a potential for increased vacancy rates and associated costs.
