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.
1-bedroom, 1-bathroom apartment of 52 m², built in 1990, energy rating E. Located on rua da Alegria, Bonfim parish, Porto municipality, Porto district. Noteworthy Features: This corner property benefits from excellent west-facing sun exposure and features two small balconies that enhance the living space's appeal and natural light.
The valuation. The asking price of €229,000 is significantly above the fair value of €144,483, resulting in a discrepancy of €84,517 (36.9%). Verdict: overpriced.
Fair value modelled at €144,483 from the area baseline, adjusted for condition and location. Asking €229,000 sits €84,517 (36.9%) above — overpriced versus fair value.
Asking €229,000 versus the rua da Alegria area baseline of €174,148 (€3,349/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 (Condition 76 · Materials 82 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 75/100 (Housing Market 80 · Amenities 75 · Economic 80 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua da Alegria
Area baseline €174,148 + condition +€3,656 + location +€12,802 = modelled fair value of €144,483 (€2,779/m²), a €84,517 (36.9%) gap versus the €229,000 asking price.
Long-term rental The property's asking price of €229,000 significantly exceeds the fair value of €144,483, suggesting a 36.9% markup, making it overpriced relative to the rental market. Given its 4.7% gross yield and an adequate condition rating of 80/100, long-term rentals may not yield satisfactory returns due to the initial high investment cost. Family rental While the neighborhood has a decent safety rating of 75/100 and the property is located within proximity to schools, the high asking price of €229,000 compared to the fair value of €144,483 indicates it is overpriced. Families may be deterred from renting due to the disproportionate rental prices in comparison to market value, impacting demand. Buy-and-hold The buy-and-hold strategy may not be optimal, as the property’s listing price of €229,000 exceeds the fair value by 36.9%, classifying it as overpriced within the local market context. While Bonfim's housing offers stability, the inflated price could hinder long-term capital appreciation and overall investment performance.
Economic Dependency Risk: With an economic stability score of 80/100, there is a moderate risk due to potential fluctuations in the local economy affecting property values and rental income stability. The tenant stability score of 75/100 indicates that while tenants are generally reliable, there is a notable risk of turnover or vacancy that could impact cash flow.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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