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 350 m², built in 1987, energy rating D. Located on rua de Câmara Pestana, 473, Bonfim parish, Porto municipality, Porto district. Investment Potential: The property offers unique versatility for redevelopment, with the potential to create up to six autonomous residential units, capitalizing on the area's strong rental demand.
The valuation. The asking price of €900,000 significantly exceeds the fair value of €544,607, indicating the property is overpriced by €355,393 (39.5%). This discrepancy suggests potential buyers may want to reconsider their options. Buy-to-flip angle. A buy-to-flip strategy may not yield a profitable return given the current market dynamics and the condition rating of 0/100, which complicates resale opportunities. Investors should weigh renovation costs against potential profit. Buy-to-let angle. With a gross yield of 0%, the property currently lacks rental income potential, making it a less attractive option for long-term investment despite the neighborhood's favorable safety and cultural appeal.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua de Câmara Pestana, 473 | Subject | €900,000 | €2,571 | — | — | 77 |
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · aff4e4 | Active | €840,000 | €3,605 | 40.2% | 40 | 80 |
| rua de Anselmo Braamcamp, 462 | Active | €590,000 | €4,403 | 71.2% | 25 | 78 |
| rua do Duque de Saldanha | Active | €700,000 | €3,518 | 36.8% | 18 | 83 |
| rua de Santa Catarina | Active | €1,750,000 | €2,917 | 13.4% | — | 84 |
| Median comp | €770,000 | €3,562 | 38.5% | 25 | 82 |
Long-term rental The property in Bonfim is priced at €900,000, which is 39.5% above its fair value of €544,607. Given its condition rating of 0/100 and a lack of immediate yield generation, it is unlikely to attract stable long-term tenants. Buy-and-hold Investing in this mix-use building at €900,000 does not align with a buy-and-hold strategy, as it is overpriced compared to the fair value of €544,607. The current market conditions and property condition indicate that potential appreciation may not compensate for the high entry price. Family rental At a listing price of €900,000, this property is well above its fair value of €544,607, making it a poor candidate for family rental investment. The building's dismal condition rating of 0/100 significantly detracts from its appeal to families seeking quality living spaces.
Tenant turnover risk High tenant turnover may occur as the tenant stability score of 75/100 indicates potential instability in tenant retention, which could affect rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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