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.
0-bedroom, 0-bathroom mix_use_building of 223 m², energy rating D. Located on rua da Alegria, Bonfim parish, Porto municipality, Porto district. Noteworthy Features: This fully renovated building maintains original architectural elements while offering high-quality, modern fittings and includes outdoor space with some apartments featuring balconies or a garden.
The valuation. The asking price of €1,150,000 is significantly above the fair value of €622,332, representing an overpricing of €527,668 (45.9%). This disparity indicates that the property is not aligned with market expectations.
Fair value modelled at €622,332 from the area baseline, adjusted for condition and location. Asking €1,150,000 sits €527,668 (45.9%) above — overpriced versus fair value.
Asking €1,150,000 versus the rua da Alegria area baseline of €746,827 (€3,349/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 74 · Materials 80 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 81/100 (Housing Market 80 · Amenities 80 · Economic 85 · Tenant Quality 80). Strong amenities and housing-market momentum support a premium to baseline.
rua da Alegria
Area baseline €746,827 + condition +€5,227 + location +€68,079 = modelled fair value of €622,332 (€2,791/m²), a €527,668 (45.9%) gap versus the €1,150,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Alegria | Subject | €1,150,000 | €5,157 | — | 74 | 81 |
| rua das Flores | Active | €3,700,000 | €3,685 | 28.5% | 76 | 76 |
| Bonfim · 52308b | Active | €1,250,000 | €3,247 | 37.0% | 75 | 72 |
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · 8d9f61 | Active | €3,590,000 | €3,779 | 26.7% | 75 | 63 |
| rua das Flores | Active | €3,700,000 | €3,685 | 28.5% | 75 | 82 |
| Median comp | €3,645,000 | €3,685 | 28.5% | 75 | 74 |
Long-term rental The property is positioned within the Porto urban area but is currently overpriced at €1,150,000 compared to a fair value of €622,332, representing a significant gap of 45.9%. Given the 0% gross yield and moderate condition rating of 77/100, it may not generate the expected returns from long-term leasing. Buy-and-hold With a current valuation significantly exceeding its fair market value, this property is not an attractive option for a buy-and-hold strategy, as it is priced at €1,150,000 against a fair value of €622,332. The potential for capital appreciation appears limited given the absence of a gross yield combined with the high purchase price. Family rental Although the neighborhood has a decent quality rating of 81/100, the property’s asking price of €1,150,000 makes it overpriced by 45.9% relative to the fair value of €622,332. This disconnection in valuation combined with the current gross yield of 0% suggests that it may not meet the financial expectations for a family rental market. Not ideal for Luxury market: The property’s asking price is unjustifiable given its fair value and lack of yield, making it unsuitable for the luxury market segment. Student housing: The high asking price limits affordability, making it a poor fit for the student housing demographic in Porto.
Tenant turnover risk With a tenant stability score of 80/100, there is potential for increased turnover and associated vacancy costs, impacting overall rental income stability.
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