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 60 m² on the 3rd floor, energy rating D. Located on rua da Alegria, Bonfim parish, Porto municipality, Porto district. Property Features: Featuring two private balconies with unobstructed views, this top-floor apartment offers both tranquility and ample morning sunlight, enhancing its appeal in a vibrant neighborhood.
The valuation. The asking price of €285,000 positions this property significantly below its fair value of €350,361, indicating it is underpriced by €65,361 (18.7%). This discrepancy presents a compelling opportunity for potential buyers.
Fair value modelled at €350,361 from 6 comparable sales in the area. Asking €285,000 sits €65,361 (18.7%) below — the upside to fair value.
Asking €285,000 versus the rua da Alegria area baseline of €314,152 (€5,236/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 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 €314,152, adjusted for condition and micro-location, gives a modelled fair value of €350,361 (€5,839/m²), a €65,361 (18.7%) gap versus the €285,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Alegria | Subject | €285,000 | €4,750 | — | 78 | 77 |
| rua dos Vanzeleres, 400 | Active | €420,000 | €6,087 | 28.1% | 80 | 75 |
| rua de Cedofeita | Active | €567,063 | €6,301 | 32.6% | 76 | 82 |
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · 99f3c6 | Active | €225,000 | €5,625 | 18.4% | 80 | 80 |
| rua de Santa Catarina | Active | €260,000 | €6,047 | 27.3% | 80 | 80 |
| Median comp | €340,000 | €6,067 | 27.7% | 80 | 80 |
Long-term rental This 2-bed apartment in Bonfim presents a strong investment opportunity with its current price of €285,000 sitting 18.7% below the fair value of €350,361. With a gross yield of 4.4% and a favorable neighborhood rating of 77/100, it is well-positioned to attract steady tenants in a desirable urban area. Student housing The Bonfim location offers a vibrant environment ideal for student living, making this apartment a strategically advantageous investment. Priced at €285,000, it is below fair value by 18.7%, ensuring a competitive edge in attracting student tenants looking for quality accommodations near educational institutions. Buy-and-hold This property in Bonfim is a strong candidate for a buy-and-hold strategy, as it is priced significantly below its fair market value of €350,361. With a gross yield of 4.4% and a good condition score of 80/100, it promises both capital appreciation and steady rental income over time.
Economic Impact Risk The economic stability score of 80 suggests a strong economy, but the tenant stability score of 75 indicates a moderate risk of tenant turnover that could affect cash flow negatively.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
