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, 1-bathroom apartment of 76 m². Located on rua Gil Vicente, Bonfim parish, Porto municipality, Porto district. This apartment features a spacious 16m² veranda, perfect for outdoor relaxation, and offers convenient access to all urban amenities just steps away from Praça do Marquês de Pombal.
The valuation. The asking price of €236,000 is significantly above the fair value of €115,264, representing a 51.2% overvaluation. This property is overpriced, making it less appealing for investment purposes.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Gil Vicente | Subject | €236,000 | €3,105 | — | — | 73 |
| Pedrouços · 1e668d | Active | €375,000 | €1,630 | 47.5% | — | 75 |
| rua da Cidade de Vigo, 194 | Active | €230,000 | €3,433 | 10.5% | 70 | 70 |
| Santa Marinha e São Pedro da Afurada · 65a4a4 | Active | €160,000 | €3,200 | 3.1% | — | 75 |
| Mafamude e Vilar do Paraíso · 0902f7 | Active | €125,000 | €2,604 | 16.1% | — | 73 |
| Median comp | €195,000 | €2,902 | 6.5% | 70 | 74 |
Long-term rental The 2-bed apartment in Bonfim, priced at €236,000, presents a significant investment gap of 51.2% against its fair value of €115,264, indicating it is overpriced. The gross yield of 5.6% does not compensate for the high entry price, making it a less attractive option for long-term rental. Buy-and-hold Given the fair value assessment of €115,264 compared to the listing price of €236,000, this property is substantially overpriced at a 51.2% premium. The location's decent neighbourhood score of 73/100 could suggest future appreciation, but the current valuation renders it a poor buy-and-hold candidate. Value-add renovation With the apartment listed at €236,000, a stark imbalance exists when compared to the fair value of €115,264, categorizing the property as overpriced. Although it presents an opportunity for improvement, the renovation costs would need to be carefully evaluated against the inflated entry price to ascertain any return on investment potential.
Tenant turnover risk High tenant turnover could lead to increased vacancy rates and costs, especially with a tenant stability score of only 65/100.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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