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.
2-bedroom, 2-bathroom apartment of 89 m², energy rating B. Located on rua do Doutor Pedro Augusto Ferreira, 61, Paranhos parish, Porto municipality, Porto district. The apartment boasts a cozy fireplace in the living room and is conveniently located near Covelo Park, enhancing its appeal for outdoor enthusiasts.
The valuation. The asking price of €345,000 exceeds the fair value of €247,650 by €97,350, representing a 28.2% overvaluation. This indicates the property is overpriced in the current market conditions. Buy-to-flip angle. With a significant markup over fair value, a buy-to-flip strategy may not yield satisfactory returns without substantial renovations to justify the higher price tag. The current market dynamics make this approach less favorable. Buy-to-let angle. A buy-to-let strategy offers a gross yield of approximately 3.9%, translating to an estimated rental income of €1,121 per month. Given the suburban location's appeal, this approach can ensure steady cash flow for investors.
Fair value modelled at €247,650 from the area baseline, adjusted for condition and location. Asking €345,000 sits €97,350 (28.2%) above — overpriced versus fair value.
Asking €345,000 versus the rua do Doutor Pedro Augusto Ferreira, 61 area baseline of €316,395 (€3,555/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 (Condition 75 · Materials 80 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 77/100 (Housing Market 80 · Amenities 75 · Economic 80 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua do Doutor Pedro Augusto Ferreira, 61
Area baseline €316,395 + condition +€4,867 + location +€23,665 = modelled fair value of €247,650 (€2,783/m²), a €97,350 (28.2%) gap versus the €345,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Doutor Pedro Augusto Ferreira, 61 | Subject | €345,000 | €3,876 | — | 75 | 77 |
| rua da Ponte Nova, 13 | Active | €670,000 | €5,194 | 34.0% | 80 | 72 |
| rua do Paraíso | Active | €399,000 | €4,988 | 28.7% | 80 | 80 |
| rua do Lugarinho | Active | €335,000 | €3,526 | 9.0% | 80 | 71 |
| rua do Lugarinho | Active | €335,000 | €3,526 | 9.0% | 78 | 79 |
| Median comp | €367,000 | €4,257 | 9.8% | 80 | 76 |
Long-term rental The 2-bed apartment in Paranhos is overpriced at €345,000, significantly above the fair value of €247,650, presenting a gap of 28.2%. With a gross yield of only 3.9% and a condition score of 79, the investment lacks the necessary return to justify the price. Family rental Targeting families may not be the ideal strategy for this overpriced property, as the price of €345,000 deviates considerably from the fair valuation of €247,650. Additionally, although the neighbourhood offers good urban amenities, the yield of 3.9% is not compelling enough for long-term commitments. Buy-and-hold Investing in this 2-bed apartment as a buy-and-hold strategy is unwise due to its current valuation of €345,000 being 28.2% above the fair value of €247,650. Despite the area's positive attributes, the lack of attractive yields makes it less favorable for long-term appreciation. Not ideal for: Short-term rental, Luxury market, Student housing These strategies are not suitable as the property is overpriced, yielding only 3.9% and falling short of market expectations. Given its premium pricing, the apartment will struggle to meet the demands of these specific rental markets.
Potential Economic Downturn Despite a strong economic stability score of 80, any significant downturn could impact tenant retention, especially with a tenant stability score of only 75, indicating vulnerabilities.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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