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 house of 86 m², built in 1961. Located on travessa Fonte do Outeiro, 60, Paranhos parish, Porto municipality, Porto district. Investment potential: This property uniquely includes two already rented independent units, providing immediate rental income to offset renovation costs.
The valuation. The asking price of €185,000 is above the fair value of €173,752, representing an excess of €11,248 (6.1%). This property is considered overpriced.
Fair value modelled at €173,752 from the area baseline, adjusted for condition and location. Asking €185,000 sits €11,248 (6.1%) above — overpriced versus fair value.
Asking €185,000 versus the travessa Fonte do Outeiro, 60 area baseline of €305,902 (€3,557/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 34/100 (Condition 30 · Materials 35 · Room dimensions 40). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 71/100 (Housing Market 70 · Amenities 70 · Economic 75 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
travessa Fonte do Outeiro, 60
Area baseline €305,902 + condition -€55,766 + location +€17,785 = modelled fair value of €173,752 (€2,020/m²), a €11,248 (6.1%) gap versus the €185,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| travessa Fonte do Outeiro, 60 | Subject | €185,000 | €2,151 | — | 30 | 71 |
| rua de Justino Teixeira, 801 | Active | €320,000 | €2,667 | 24.0% | 15 | 76 |
| rua de Moalde, 50 | Active | €425,000 | €817 | 62.0% | — | 73 |
| Paranhos · 6d551f | Active | €215,000 | €2,240 | 4.1% | — | 70 |
| rua da Constituição | Active | €590,000 | €2,287 | 6.3% | 25 | 74 |
| Median comp | €372,500 | €2,264 | 5.2% | 20 | 74 |
Long-term rental Given the property’s fair value of €173,752 and its listing price of €185,000, this investment is not aligned with the long-term rental strategy as it is overpriced by 6.1%. Furthermore, the property’s condition rating of 34/100 signifies considerable renovation needs, impacting potential rental income. Family rental This 4-bed house in Paranhos is deemed overpriced at €185,000 when the fair value sits at €173,752, creating a 6.1% gap that undermines the viability of a family rental strategy. Additionally, the neighbourhood score of 71/100 implies a moderate quality environment, which may not attract families willing to pay a premium for rental accommodation given the current price. Buy-and-hold The property’s pricing at €185,000 exceeds the fair market value of €173,752, indicating it is overpriced by 6.1%, making it less attractive for a buy-and-hold investment strategy. The combination of a low condition score of 34/100 and average neighbourhood amenities suggests that future appreciation may be limited, further diminishing the appeal of this long-term investment approach.
Tenant turnover risk High tenant turnover is a concern due to a Tenant Stability score of 70/100, which may lead to increased vacancy rates and higher re-leasing costs.
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