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 97 m² on the 4th floor, built in 1983, energy rating D. Located Paranhos parish, Porto municipality, Porto district. This property features built-in wardrobes in both bedrooms, maximizing storage in a compact layout, and proximity to essential services and public transport enhances overall convenience.
The valuation. The asking price of €275,000 exceeds the fair value of €240,687 by €34,313, marking a 12.5% overvaluation. This higher asking price may deter potential buyers. Buy-to-flip angle. Given its overpriced status, a buy-to-flip strategy would require negotiation to secure a better price below market value for potential profit. However, it may be challenging in the current market. Buy-to-let angle. With an estimated gross yield of 4.7%, leasing this apartment could generate around €1,077 monthly, providing a steady rental income in a mixed neighborhood with access to amenities and employment opportunities.
Fair value modelled at €264,389 from 6 comparable sales in the area. Asking €264,000 sits €389 (0.1%) below — the upside to fair value.
Asking €264,000 versus the Paranhos, Porto, Porto area baseline of €268,529 (€2,768/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price below the wider parish average — a hyper-local discount distinct from the parish baseline.
Base gap of €268,529, adjusted for condition and micro-location, gives a modelled fair value of €264,389 (€2,726/m²), a €389 (0.1%) gap versus the €264,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Paranhos · 91129e | Subject | €264,000 | €2,722 | — | 65 | 71 |
| rua Adelaide Estrada | Active | €280,000 | €3,043 | 11.8% | 70 | 74 |
| rua do Professor Bonfim Barreiros | Active | €265,000 | €2,477 | 9.0% | 67 | 71 |
| rua Adelaide Estrada, 132 | Active | €210,000 | €2,283 | 16.1% | 72 | 70 |
| São Mamede de Infesta e Senhora da Hora · 2d8472 | Active | €260,000 | €3,210 | 17.9% | 75 | 76 |
| Median comp | €262,500 | €2,760 | 1.4% | 71 | 73 |
Long-term rental This 2-bed apartment in Paranhos is overpriced at €275,000, exceeding its fair value of €240,687 by 12.5%. With a gross yield of 4.7%, potential long-term rental income may not adequately cover the initial investment, making it less appealing in this regard. Family rental Given its 63/100 condition and the family's potential need for reasonable amenities, this property does not present itself as an optimal choice for family rentals at this price. The provided yield and fair value suggest that families may look for better options that are not overpriced. Buy-and-hold Investing in this property as a buy-and-hold strategy may yield returns below expectations due to its current pricing being 12.5% above fair value. This high price point could limit long-term capital appreciation, making it a less attractive investment for hold strategies compared to more reasonably priced alternatives.
Potential Vacancy Risk: With a tenant stability score of 70/100, there is a significant risk of higher turnover, potentially leading to increased vacancy periods that could impact 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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