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 116 m², built in 1987, energy rating D. Located Bonfim parish, Porto municipality, Porto district. Noteworthy Features: This apartment includes a dedicated parking space and is situated in a rapidly appreciating neighborhood, adding significant potential for investment growth.
The valuation. The asking price of €480,000 is significantly below the fair value of €604,326, resulting in an attractive discount of €124,326 (20.6%). This presents a compelling opportunity for prospective investors. Buy-to-flip angle. A buy-to-flip strategy could yield rapid returns by capitalizing on the property’s condition and modern features, appealing to buyers in the competitive Porto market. Buy-to-let angle. With an estimated rental income of €1,560 per month, the property offers a gross yield of 3.9%, making it an appealing option for family rentals in a desirable, centrally located area.
Fair value modelled at €604,326 from 6 comparable sales in the area. Asking €480,000 sits €124,326 (20.6%) below — the upside to fair value.
Asking €480,000 versus the Bonfim, Porto, Porto area baseline of €527,611 (€4,548/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €527,611, adjusted for condition and micro-location, gives a modelled fair value of €604,326 (€5,210/m²), a €124,326 (20.6%) gap versus the €480,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Bonfim · 468244 | Subject | €480,000 | €4,138 | — | 74 | 78 |
| Oliveira do Douro · 4d4222 | Active | €345,000 | €2,974 | 28.1% | 74 | 75 |
| rua de Santos Pousada | Active | €429,000 | €5,877 | 42.0% | 72 | 81 |
| avenida João de Deus, 48 | Active | €450,000 | €4,787 | 15.7% | 75 | 78 |
| rua Manuel da Cunha Moreira, 106 | Active | €395,000 | €2,948 | 28.8% | 77 | 69 |
| Median comp | €412,000 | €3,881 | 6.2% | 75 | 77 |
Long-term rental The Bonfim apartment offers a compelling investment for long-term rental due to its attractive yield of 3.9% gross and its fair value exceeding the listing price by 20.6%. Given its decent condition rating of 76/100 and proximity to the city center, the property is poised to attract stable tenants seeking a suburban-urban lifestyle. Buy-and-hold This property presents an excellent buy-and-hold opportunity as it is currently listed at €480,000 while having a fair value of €604,326, representing a significant 20.6% gap. Such a difference indicates potential appreciation over time, driven by the desirable location and amenities of the Bonfim neighborhood. Family rental With a 3-bed layout and located in a neighborhood rated 78/100, the Bonfim apartment is ideally suited for family rentals, offering ample space for potential tenants. The property’s competitive price relative to its fair value and access to nearby amenities make it an attractive option for families looking to settle in Porto.
Tenant turnover risk A tenant stability score of 70/100 suggests a potential for higher turnover rates, which could lead to increased vacancy periods and associated costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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