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 92 m², built in 2017, energy rating B. Located Paranhos parish, Porto municipality, Porto district. Noteworthy Features: The apartment includes a closed compartment for laundry at the end of the balcony, enhancing convenience with direct outdoor access while maintaining indoor aesthetics.
The valuation. The asking price of €397,000 is significantly above the fair value of €306,058, indicating an overpricing of €90,942, or 29.7% above market expectations. This disparity raises concerns about the potential for future appreciation.
Fair value modelled at €306,058 from 6 comparable sales in the area. Asking €397,000 sits €90,942 (29.7%) above — overpriced versus fair value.
Asking €397,000 versus the Paranhos, Porto, Porto area baseline of €306,267 (€3,329/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price below the wider parish average — a hyper-local discount distinct from the parish baseline.
Base gap of €306,267, adjusted for condition and micro-location, gives a modelled fair value of €306,058 (€3,327/m²), a €90,942 (29.7%) gap versus the €397,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Paranhos · f46bc3 | Subject | €397,000 | €4,315 | — | 80 | 73 |
| rua António Patrício | Active | €369,000 | €3,127 | 27.5% | 80 | 73 |
| rua Dom Frei Gonçalo Pais, 65 | Active | €307,500 | €2,821 | 34.6% | 70 | 66 |
| rua de Faria Guimarães | Active | €441,750 | €4,802 | 11.3% | 88 | 73 |
| rua do Doutor Pedro Augusto Ferreira, 61 | Active | €345,000 | €3,876 | 10.2% | 75 | 77 |
| Median comp | €357,000 | €3,502 | 18.9% | 78 | 73 |
Long-term rental The 2-bed apartment in Paranhos is listed at €397,000, which represents a 29.7% difference from its fair value of €306,058, indicating it is overpriced. With a 3.4% gross yield, the return on investment may not meet expectations for long-term rental viability given the high entry cost. Buy-and-hold Investing in this property for a buy-and-hold strategy is not recommended, as the current listing price exceeds its fair value by nearly 30%. The gross yield of 3.4% combined with the pricing disparity suggests that potential appreciation may not sufficiently offset the cost of acquisition. Family rental Although the apartment is situated in a family-friendly neighborhood, the listing price of €397,000 positions it as overpriced relative to its fair value. The expected returns from a family rental at this price point are diminished by the low gross yield of 3.4%, impacting overall profitability for investors targeting this segment.
Economic downturn risk The 75/100 economic stability score indicates a potential vulnerability to market fluctuations which could impact rental income and property value 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
