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.
3-bedroom, 2-bathroom apartment of 202 m² on the 3rd floor, built in 2001, energy rating B. Located on praça das Flores, Bonfim parish, Porto municipality, Porto district. Features: This apartment boasts direct access to a beautiful garden, enhancing its appeal for outdoor enthusiasts and offering a unique city living experience in Porto. Parking: Includes two parking spaces for added convenience.
The valuation. The asking price of €475,000 is below the fair value of €524,963, indicating an attractive opportunity for buyers looking for a solid investment, positioned at a 10.5% discount from fair value.
Fair value modelled at €524,963 from the area baseline, adjusted for condition and location. Asking €475,000 sits €49,963 (10.5%) below — the upside to fair value.
Asking €475,000 versus the praça das Flores area baseline of €676,498 (€3,349/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 (Condition 70 · Materials 66 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 75/100 (Housing Market 80 · Amenities 80 · Economic 75 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
praça das Flores
Area baseline €676,498 + condition -€22,094 + location +€49,732 = modelled fair value of €524,963 (€2,599/m²), a €49,963 (10.5%) gap versus the €475,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praça das Flores | Subject | €475,000 | €2,351 | — | 70 | 75 |
| rua José de Almada Negreiros | Active | €260,000 | €2,364 | 0.5% | 68 | 67 |
| rua da Azenha, 85 | Active | €320,000 | €2,424 | 3.1% | 60 | 76 |
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · 4d47ba | Active | €832,500 | €4,452 | 89.3% | — | 79 |
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · 938572 | Active | €832,500 | €4,452 | 89.3% | — | 81 |
| Median comp | €576,250 | €3,438 | 46.2% | 64 | 78 |
Long-term rental The property is well-situated given its proximity to Porto's city center and is classified as subvalued at a price of €475,000, suggesting a strong potential for consistent cash flow with a gross yield of 4.4%. With a neighborhood rating of 75/100, it attracts quality tenants, making it an attractive long-term rental investment. Family rental The 3-bed apartment in Bonfim offers ample space and amenities for families, benefiting from its location close to urban conveniences. Priced at €475,000, this property is subvalued and presents a favorable opportunity for attracting family renters looking for a quality living environment. Buy-and-hold Acquiring this property at €475,000 presents a subvalued opportunity to secure a long-term asset with potential appreciation, as fair value estimates suggest a worth of €524,963. The solid 4.4% yield and positive neighborhood features indicate a sound investment strategy for long-term wealth accumulation.
Tenant Turnover Risk Given the tenant stability score of 70/100, there may be a higher likelihood of tenant turnover, which could disrupt rental income and increase costs related to finding new tenants.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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