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 100 m², built in 1983, energy rating E. Located on praça Velázquez, Bonfim parish, Porto municipality, Porto district. Key Features: This apartment includes a spacious living room with a bright balcony and is situated within walking distance of Plaza Velázquez, enhancing both lifestyle and investment potential.
The valuation. The asking price of €375,000 is €93,413 (24.9%) above the fair value of €281,587, positioning this property as overpriced. Investors should be aware of this disparity when considering offers. Buy-to-flip angle. A resale strategy could focus on cosmetic improvements and marketing to appeal to buyers, potentially increasing the resale value if purchased at a lower price point. Buy-to-let angle. Given the estimated gross yield of 4% and a rental income of approximately €1,250 per month, this property could attract long-term tenants or student housing solutions, providing consistent cash flow potential.
Fair value modelled at €281,587 from the area baseline, adjusted for condition and location. Asking €375,000 sits €93,413 (24.9%) above — overpriced versus fair value.
Asking €375,000 versus the praça Velázquez area baseline of €246,200 (€2,462/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 (Condition 78 · Materials 82 · Room dimensions 79). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 78/100 (Housing Market 80 · Amenities 75 · Economic 85 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
praça Velázquez
Area baseline €246,200 + condition +€7,813 + location +€27,574 = modelled fair value of €281,587 (€2,816/m²), a €93,413 (24.9%) gap versus the €375,000 asking price.
Long-term rental The 3-bed apartment in Bonfim is priced at €375,000, which is 24.9% above its fair value of €281,587, indicating it is overpriced. With a gross yield of 4%, the property does not present an attractive investment opportunity for long-term rental due to its excessive price. Student housing Given the pricing at €375,000, the property exceeds its fair value by 24.9%, making it overpriced for the student housing market. Investors should reconsider this opportunity, as the current price does not support the potential rental yield in a competitive landscape. Short-term vacation rental The apartment's listing of €375,000 reveals a 24.9% premium above its fair value of €281,587, categorizing it as overpriced for the short-term rental sector. This elevated pricing deters potential returns, especially in a market where similar properties may yield more value at lower costs.
Tenant turnover risk A tenant stability score of 70/100 indicates a potential for higher tenant turnover, which could lead to increased vacancy rates and associated income loss.
