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, 2-bathroom mix_use_building of 182 m², built in 1967, energy rating F. Located on travessa da Póvoa, 245, Bonfim parish, Porto municipality, Porto district. Noteworthy Features: The property includes a separate ruin that offers extensive remodeling possibilities and is strategically located near Avenida de Fernão de Magalhães, enhancing its investment potential.
The valuation. The asking price of €585,000 is significantly above the fair value of €378,203, indicating that the property is overpriced by €206,797 (35.3%). This discrepancy suggests a lack of financial prudence for potential buyers.
Fair value modelled at €378,203 from the area baseline, adjusted for condition and location. Asking €585,000 sits €206,797 (35.3%) above — overpriced versus fair value.
Asking €585,000 versus the travessa da Póvoa, 245 area baseline of €609,518 (€3,349/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 35/100 (Condition 32 · Materials 40 · Room dimensions 36). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 74/100 (Housing Market 80 · Amenities 75 · Economic 65 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
travessa da Póvoa, 245
Area baseline €609,518 + condition -€112,897 + location +€43,016 = modelled fair value of €378,203 (€2,078/m²), a €206,797 (35.3%) gap versus the €585,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| travessa da Póvoa, 245 | Subject | €585,000 | €3,214 | — | 32 | 74 |
| avenida dos Aliados, 3 | Active | €850,000 | €3,069 | 4.5% | — | 83 |
| rua das Antas | Active | €410,000 | €2,278 | 29.1% | 20 | 80 |
| rua das Antas | Active | €391,000 | €2,172 | 32.4% | 40 | 79 |
| rua de Câmara Pestana, 473 | Active | €900,000 | €2,571 | 20.0% | — | 77 |
| Median comp | €630,000 | €2,425 | 24.6% | 30 | 80 |
Long-term rental The property is overpriced at €585,000 compared to the fair value of €378,203, resulting in a significant gap of 35.3%. With a gross yield of 0% and a condition rating of 35/100, this investment does not support the potential cash flow needed for sustainable long-term rental income. Buy-and-hold At a listing price of €585,000, the property is 35.3% above its fair value of €378,203, indicating that it may not appreciate sufficiently to justify the investment. The poor condition rating of 35/100 suggests substantial costs would likely be incurred to maintain or improve the asset over time, further diminishing its attractiveness as a buy-and-hold strategy. Family rental With a pricing gap of 35.3% and a fair value of €378,203, this family rental investment is overpriced at €585,000, which limits the potential for good cash flow. The neighbourhood rating of 74/100 might attract tenants, but the poor property condition at 35/100 raises concerns about future tenant satisfaction and ongoing maintenance costs.
Economic Vulnerability The property has a moderate economic stability score of 65/100, indicating susceptibility to fluctuations that may affect rental income and long-term value.
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