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 77 m² on the 4th floor, built in 1984, energy rating C. Located on rua Aires de Ornelas, Bonfim parish, Porto municipality, Porto district. Spacious sunroom offers additional living space, enhancing the apartment's appeal in a vibrant neighborhood renowned for its historic charm and local amenities.
The valuation. The asking price of €310,000 exceeds the fair value of €200,580 by €109,420, representing a 35.3% premium. This valuation indicates that the property is overpriced.
Fair value modelled at €200,580 from the area baseline, adjusted for condition and location. Asking €310,000 sits €109,420 (35.3%) above — overpriced versus fair value.
Asking €310,000 versus the rua Aires de Ornelas area baseline of €257,873 (€3,349/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 (Condition 70 · Materials 65 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 78/100 (Housing Market 80 · Amenities 80 · Economic 85 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua Aires de Ornelas
Area baseline €257,873 + condition -€10,227 + location +€21,232 = modelled fair value of €200,580 (€2,605/m²), a €109,420 (35.3%) gap versus the €310,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Aires de Ornelas | Subject | €310,000 | €4,026 | — | 70 | 78 |
| travessa Vila Cova | Active | €225,000 | €3,261 | 19.0% | — | 73 |
| parque Nascente | Active | €228,500 | €3,515 | 12.7% | 70 | 73 |
| Rio Tinto · 6fb8b9 | Active | €290,000 | €2,613 | 35.1% | 73 | 73 |
| avenida de Fernão de Magalhães | Active | €365,000 | €3,147 | 21.8% | — | 76 |
| Median comp | €259,250 | €3,204 | 20.4% | 72 | 73 |
Long-term rental The 2-bed apartment in Bonfim, Porto, is overpriced at €310,000 compared to its fair value of €200,580, resulting in a significant 35.3% gap. With a gross yield of 4.3% and a condition score of 67/100, this property may struggle to attract long-term tenants due to its inflated price point. Buy-and-hold As a buy-and-hold investment, this apartment's current price exceeds fair value, indicating it could yield suboptimal returns if held long-term. Despite a favorable neighborhood score of 78/100, the considerable 35.3% premium on the price suggests that capital appreciation may not meet expectations. Short-term vacation rental The potential for short-term vacation rental income is undermined by the property being overpriced at €310,000, significantly above its fair value of €200,580. Although the neighborhood has decent amenities, the yield of 4.3% and high asking price could deter short-term renters looking for value. Not ideal for: Student housing This property is not suitable for student housing due to its overvaluation at €310,000, which does not align with the budget constraints typically faced by students. Given the condition score of 67/100 and its high listing price, it is unlikely to meet the affordability needs of this demographic.
Tenant turnover risk The tenant stability score of 75/100 indicates a moderate risk of tenant turnover that could impact rental income stability.
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