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 house of 220 m², built in 1950. Located on rua de Augusto Gil, Ramalde parish, Porto municipality, Porto district. Noteworthy Features: This property offers an expansive outdoor area ideal for leisure activities, and it is situated in a highly desirable location just minutes from Casa da Música.
The valuation. The asking price of €590,000 sits above the fair value of €550,403 by €39,597 (7.2%), making this property fairly priced in the current market.
Fair value modelled at €550,403 from 6 comparable sales in the area. Asking €590,000 sits €39,597 (7.2%) above — overpriced versus fair value.
Asking €590,000 versus the rua de Augusto Gil area baseline of €612,880 (€2,786/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 40/100 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 €612,880, adjusted for condition and micro-location, gives a modelled fair value of €550,403 (€2,502/m²), a €39,597 (7.2%) gap versus the €590,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua de Augusto Gil | Subject | €590,000 | €2,682 | — | 38 | 78 |
| Paranhos · 6d551f | Active | €215,000 | €2,240 | 16.5% | — | 70 |
| rua de Fernandes Costa | Active | €465,000 | €2,409 | 10.2% | 42 | 83 |
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · ba5c01 | Active | €550,000 | €2,594 | 3.3% | 25 | 68 |
| rua do Bonjardim | Active | €875,000 | €5,117 | 90.8% | 35 | 69 |
| Median comp | €507,500 | €2,502 | 6.7% | 35 | 70 |
Long-term rental The property situated in Ramalde offers a solid long-term rental yield of 4.7%, making it reasonably attractive in a stable market. However, the property is rated at 40/100 for condition, which suggests that substantial renovations may be required to maximize rental income potential. Short-term vacation rental With the increasing popularity of Porto as a travel destination, the potential for short-term vacation rentals remains above average. Despite this, the property’s fair value gap of 7.2% indicates that it is priced fairly, limiting immediate profitability for investors seeking quick returns. Buy-and-hold Acquiring this property as a buy-and-hold investment could see gradual appreciation due to the strong economic fundamentals of Porto's central location. Nevertheless, considering its current market price relative to fair value, investors should be cautious as the property is already assessed to be at a fair price, which may hamper upside potential in the short term.
Tenant turnover risk The tenant stability score of 75/100 suggests a moderate risk of tenant turnover, which could lead to increased vacancy 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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