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, 2-bathroom apartment of 100 m² on the 4th floor. Located on rua Nova de São Crispim, 112, Bonfim parish, Porto municipality, Porto district. Location advantage: This apartment benefits from proximity to Estádio das Antas, enhancing its appeal for sports enthusiasts and potential rental opportunities in a vibrant neighborhood. Investment potential: The need for renovations can allow buyers to customize and increase property value.
The valuation. The asking price of €320,000 is significantly below the fair value of €409,711, indicating a clear opportunity for investment as the property is subvalued by €89,711 (21.9%). Buy-to-flip angle. The resale strategy for this apartment would focus on renovations to enhance its appeal and value, aiming to capitalize on the property’s current underpriced status. Buy-to-let angle. With an estimated rental income of €1,280/month, this property offers a gross yield of 4.8%, making it a viable long-term rental investment in the mixed neighborhood of Bonfim, Porto.
Fair value modelled at €409,711 from 6 comparable sales in the area. Asking €320,000 sits €89,711 (21.9%) below — the upside to fair value.
Asking €320,000 versus the rua Nova de São Crispim, 112 area baseline of €405,184 (€4,052/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 45/100 is below the parish average, reducing 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 €405,184, adjusted for condition and micro-location, gives a modelled fair value of €409,711 (€4,097/m²), a €89,711 (21.9%) gap versus the €320,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Nova de São Crispim, 112 | Subject | €320,000 | €3,200 | — | 40 | 73 |
| rua de Serpa Pinto, 261 | Active | €388,000 | €4,311 | 34.7% | 42 | 80 |
| rua Doctor Alves de Veiga | Active | €299,000 | €3,883 | 21.3% | 61 | 76 |
| largo Alberto Pimentel | Active | €265,000 | €4,818 | 50.6% | 42 | 79 |
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · 02382e | Active | €375,000 | €3,750 | 17.2% | — | 78 |
| Median comp | €337,000 | €4,097 | 28.0% | 42 | 79 |
Long-term rental The 2-bed apartment in Bonfim demonstrates a compelling long-term rental opportunity with a gross yield of 4.8%, indicating favorable cash flow potential. Furthermore, being 21.9% below its fair value of €409,711 highlights the attractiveness of this investment in a growing urban area. Family rental This property is well-positioned for family rentals given its neighborhood score of 73/100, which suggests a desirable living environment. The spacious 100m² layout caters comfortably to families, enhancing its appeal and potential rental performance. Buy-and-hold Acquiring this apartment as a buy-and-hold investment aligns well with the potential for price appreciation, considering it is currently subvalued by 21.9%. Coupled with the strong rental yield, this strategy presents an opportunity for long-term capital growth in a vibrant area of Porto.
Tenant turnover risk With both Economic stability and Tenant stability at 70/100, there is a moderate risk of tenant turnover affecting rental income stability.
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