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 253 m², built in 1949, energy rating C. Located Bonfim parish, Porto municipality, Porto district. Noteworthy Features: This apartment includes a spacious private terrace and a fireplace in the living room, enhancing both outdoor leisure and cozy indoor ambiance.
The valuation. The asking price of €498,000 is significantly below fair value, sitting at €188,397 (37.8%) less than the estimated worth of €686,397. This property is, therefore, underpriced and presents an attractive investment opportunity.
Fair value modelled at €686,397 from the area baseline, adjusted for condition and location. Asking €498,000 sits €188,397 (37.8%) below — the upside to fair value.
Asking €498,000 versus the Bonfim, Porto, Porto area baseline of €847,297 (€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 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 72/100 (Housing Market 80 · Amenities 60 · Economic 80 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Bonfim, Porto, Porto
Area baseline €847,297 + condition +€8,697 + location +€54,814 = modelled fair value of €686,397 (€2,713/m²), a €188,397 (37.8%) gap versus the €498,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Bonfim · 28bb74 | Subject | €498,000 | €1,968 | — | 74 | 72 |
| rua de António Cândido, 314 | Active | €449,000 | €2,641 | 34.2% | 76 | 70 |
| rua de Serpa Pinto, 700 | Active | €340,000 | €3,036 | 54.2% | 74 | 75 |
| rua José de Almada Negreiros | Active | €260,000 | €2,364 | 20.1% | 68 | 67 |
| Campanhã · ba3b44 | Active | €340,000 | €2,537 | 28.9% | 85 | 72 |
| Median comp | €340,000 | €2,589 | 31.5% | 75 | 71 |
Long-term rental The property in Bonfim, Porto demonstrates a promising long-term rental strategy with a fair value gap of 37.8%, indicating significant potential for rental income. With a gross yield of 4.3% and solid condition ratings, it appeals to tenants seeking quality living in a well-connected urban area. Family rental Targeting families, this spacious 3-bed apartment offers a comfortable living environment with access to local amenities and a community feel, making it a strong contender for family rentals. The high fair value suggests that families can invest in a sustainable living space, providing stability in rental income over time. Buy-and-hold The buy-and-hold strategy for this property is attractive given its substantial undervaluation at a fair value of €686,397, presenting long-term appreciation potential. Investors can leverage the property's location in the Greater Porto area to secure substantial equity growth as the neighborhood develops further.
Tenant turnover risk The tenant stability score of 65/100 suggests a higher likelihood of tenant turnover, which could lead to increased vacancy rates and costs over time.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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