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, 4-bathroom mix_use_building of 225 m², built in 1986, energy rating F. Located on avenida de Fernão de Magalhães, 837, Bonfim parish, Porto municipality, Porto district. Noteworthy Features: This property includes a ground-floor commercial establishment with an outdoor area, and the opportunity to increase its residential capacity by adding three additional floors. Location: On Avenida Fernão Magalhães, it enjoys excellent public transport access and proximity to shops and services.
The valuation. The asking price of €1,200,000 significantly exceeds the fair value of €599,788, resulting in an overpricing of €600,212 (50.0%). Given this discrepancy, the property is not an advantageous investment.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida de Fernão de Magalhães, 837 | Subject | €1,200,000 | €5,333 | — | 62 | 81 |
| rua de Anselmo Braamcamp | Active | €650,000 | €8,025 | 50.5% | — | 80 |
| Bonfim · 774fc7 | Active | €1,500,000 | €4,464 | 16.3% | 62 | 75 |
| rua da Galeria de Paris, 94 | Active | €990,000 | €5,440 | 2.0% | 72 | 77 |
| Bonfim · 5d69dd | Active | €800,000 | €3,556 | 33.3% | 60 | 74 |
| Median comp | €895,000 | €4,952 | 7.1% | 62 | 76 |
Long-term rental The property is priced at €1,200,000, significantly above its fair value of €599,788, indicating it is overpriced. With a gross yield of 0% and a condition rating of 69/100, it is unlikely to attract long-term tenants without significant rental incentives. Buy-and-hold Investing in this property under the current listing price will likely yield no positive returns, as it is conceived to be overpriced at €1,200,000 compared to a fair value of €599,788. The current lack of cash flow and a condition rating of 69/100 presents substantial risks for the buy-and-hold strategy. Short-term vacation rental With a listing price of €1,200,000 far exceeding its fair valuation of €599,788, this property is overpriced for a short-term vacation rental investment. The absence of a gross yield further emphasizes the financial impracticality of pursuing this strategy in the current market conditions.
Tenant turnover risk High tenant turnover may occur due to a tenant stability score of 70/100, potentially leading to increased vacancy rates and costs associated with finding new tenants.
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Not enough comparable sales in this area to confidently estimate a fair value.
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