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, 3-bathroom apartment of 238 m², built in 1984, energy rating C. Located on rua Tomás Ribeiro, 11, Bonfim parish, Porto municipality, Porto district. This apartment features a sunroom that enhances natural light and offers stunning urban views, making the space feel even larger and more inviting.
The valuation. The asking price of €570,000 is significantly below the fair value of €671,630, representing an attractive opportunity at a discount of €101,630 (17.8%). The property is notably underpriced, making it an appealing investment. Buy-to-flip angle. With high-quality materials and modern updates, the apartment is poised for a successful resale strategy. Investors could target a sale price that capitalizes on market demand, potentially realizing significant profits. Buy-to-let angle. The projected gross yield of 5.3% translates to an estimated monthly rental income of €2,518. This positions the property well for long-term rental, appealing to families looking for quality housing in Porto.
Fair value modelled at €671,630 from the area baseline, adjusted for condition and location. Asking €570,000 sits €101,630 (17.8%) below — the upside to fair value.
Asking €570,000 versus the rua Tomás Ribeiro, 11 area baseline of €585,956 (€2,462/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 (Condition 75 · Materials 80 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 81/100 (Housing Market 85 · Amenities 80 · Economic 80 · Tenant Quality 80). Strong amenities and housing-market momentum support a premium to baseline.
rua Tomás Ribeiro, 11
Area baseline €585,956 + condition +€13,016 + location +€72,659 = modelled fair value of €671,630 (€2,822/m²), a €101,630 (17.8%) gap versus the €570,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Tomás Ribeiro, 11 | Subject | €570,000 | €2,395 | — | 75 | 81 |
| rua Pêro Vaz de Caminha | Active | €365,000 | €2,212 | 7.6% | 71 | 75 |
| rua do Salgueiral | Active | €460,000 | €2,556 | 6.7% | 74 | 76 |
| rua de Honório de Lima, 88 | Active | €828,000 | €3,125 | 30.5% | 80 | 76 |
| rua António Luis Gomes, 168 | Active | €449,000 | €2,314 | 3.4% | 75 | 80 |
| Median comp | €454,500 | €2,435 | 1.7% | 75 | 76 |
Long-term rental The 4-bed apartment in Bonfim is well-positioned for long-term rental due to its competitive yield of 5.3% and its fair value exceeding the listing price by 17.8%. With a neighborhood rating of 81/100, it attracts quality tenants seeking stable housing in a high-demand urban center. Buy-and-hold Acquiring this property for a buy-and-hold strategy aligns well with its 17.8% gap from fair value, indicating potential for appreciation over time. The strong condition score of 79/100 supports sustained tenant interest and long-term capital growth in Porto's robust housing market. Family rental This spacious apartment, ideal for family rental, benefits from its size and the neighborhood's high amenities rating, making it an attractive option for families. The combination of a competitive yield and favorable market conditions in Porto enhances its suitability for long-term family tenants.
Tenant Viability Risk Tenant stability at 80/100 suggests a moderate risk of tenant turnover, which could impact cash flow consistency and lead to potential vacancy periods.