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 98 m², energy rating D. Located on praça Velásquez, Bonfim parish, Porto municipality, Porto district. Noteworthy Features: The ground floor apartment includes a versatile annex accessible from the kitchen, ideal for customization as a laundry room or home office, and features a private terrace for outdoor leisure.
The valuation. The asking price of €250,000 is positioned below the fair value of €291,806, presenting an opportunity at €41,806 (14.3%) underpriced. This positions the investment favorably for potential appreciation over time.
Fair value modelled at €291,806 from 6 comparable sales in the area. Asking €250,000 sits €41,806 (14.3%) below — the upside to fair value.
Asking €250,000 versus the praça Velásquez area baseline of €303,552 (€3,097/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 55/100 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 €303,552, adjusted for condition and micro-location, gives a modelled fair value of €291,806 (€2,978/m²), a €41,806 (14.3%) gap versus the €250,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praça Velásquez | Subject | €250,000 | €2,551 | — | 60 | 80 |
| rua da Corujeira de Baixo, 349 | Active | €240,000 | €3,000 | 17.6% | 55 | 71 |
| rua Capela Lagoa | Active | €199,000 | €1,354 | 46.9% | 65 | 81 |
| rua de Miragaia | Active | €395,000 | €3,086 | 21.0% | — | 73 |
| rua de Santo António de Contumil | Active | €198,000 | €2,955 | 15.8% | 60 | 75 |
| Median comp | €219,500 | €2,978 | 16.7% | 60 | 74 |
Long-term rental The 2-bed apartment in Bonfim, priced at €250,000, presents a compelling long-term rental opportunity given its fair value of €291,806 and a noteworthy yield of 5.7%. With a neighborhood score of 80/100, it indicates strong tenant demand and potential for consistent rental income. Family rental This property serves as an excellent choice for family rental, considering its spacious 98m² design and strategic location near Porto city center, ensuring accessibility to amenities and services. The gap versus fair value at 14.3% suggests good upside potential for families seeking quality living space at a reasonable price point. Buy-and-hold Investing in this apartment as a buy-and-hold asset aligns well with its subvalorizada status, providing a solid opportunity for future appreciation. The favorable yield of 5.7% coupled with economic stability in the area makes it an attractive long-term investment choice.
Tenant turnover risk With both Economic Stability and Tenant Stability scores at 80/100, there is a moderate risk of tenant turnover, potentially resulting in vacancy periods that may impact rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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