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 66 m², energy rating B. Located on rua Horácio Marçal, 269, Paranhos parish, Porto municipality, Porto district. Noteworthy Features: This apartment features double-glazed windows for enhanced insulation and a parking space, a rare find in the vibrant area of Paranhos, Porto.
The valuation. The asking price of €242,000 is notably above the fair value of €177,038, representing a difference of €64,962 (26.8%). As such, this property is considered overpriced. Buy-to-flip angle. A buy-to-flip strategy could yield a profit through renovation and resale, yet the current asking price presents a considerable challenge. Significant upgrades would be necessary to justify a return on investment. Buy-to-let angle. The estimated rental income of €887 per month suggests a gross yield of 4.4%. This can appeal to long-term tenants given the apartment's good-quality materials despite the slightly standard finishes.
Fair value modelled at €177,038 from the area baseline, adjusted for condition and location. Asking €242,000 sits €64,962 (26.8%) above — overpriced versus fair value.
Asking €242,000 versus the rua Horácio Marçal, 269 area baseline of €216,612 (€3,282/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 74 · Materials 78 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 70/100 (Housing Market 80 · Amenities 70 · Economic 70 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
rua Horácio Marçal, 269
Area baseline €216,612 + condition +€1,547 + location +€12,999 = modelled fair value of €177,038 (€2,682/m²), a €64,962 (26.8%) gap versus the €242,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Horácio Marçal, 269 | Subject | €242,000 | €3,667 | — | 74 | 70 |
| rua Emílio Biel, 89 | Active | €255,000 | €3,355 | 8.5% | 70 | 71 |
| rua de Santa Justa, 202 | Active | €219,000 | €3,422 | 6.7% | 70 | 63 |
| Campanhã · 893678 | Active | €255,000 | €4,113 | 12.2% | 80 | 76 |
| rua do Campo | Active | €280,000 | €4,912 | 34.0% | 75 | 64 |
| Median comp | €255,000 | €3,768 | 2.8% | 73 | 68 |
Family rental: This property, while situated in a neighbourhood with a decent condition rating of 70/100, is not aligned with the fair value of €177,038, making it overpriced at €242,000, with a gap of 26.8%. Potential family tenants may find the gross yield of 4.4% unattractive compared to alternatives that offer better value for money. Long-term rental: The long-term rental market in paranormal suggest steady demand; however, the property’s price point reflects a 26.8% premium over fair value. This may deter long-term tenants who are looking for more reasonably priced options in the vicinity of Porto. Buy-and-hold: With an acquisition price of €242,000 falling well above the fair value, this buy-and-hold strategy seems less appealing, especially given the 4.4% yield. Investors seeking to hold this property while waiting for appreciation may instead consider other investment opportunities that are more aligned with fair market valuations.
Economic Vulnerability With an economic stability score of 70, there is a moderate risk that economic downturns could negatively impact property values and rental income potential, while a tenant stability score of 60 indicates potential fluctuations in tenant occupancy, further exacerbating financial uncertainties.
