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 apartment of 142 m², energy rating C. Located Paranhos parish, Porto municipality, Porto district. Noteworthy Features: The apartment includes a cozy fireplace and a closed garage that offers an additional 43 m² of secure parking space, enhancing its appeal for urban living.
The valuation. The asking price of €427,500 is €34,476 (8.8%) above its fair value of €393,024, indicating the property is priced at a fair value with some room for negotiation. Buy-to-flip angle. The resale strategy focuses on minor renovations to increase appeal and maximize profit, targeting a resale at approximately €450,000 within 12 months. Buy-to-let angle. The rental income strategy aims for a gross yield of 3.8%, generating an estimated monthly income of €1,354, suitable for long-term family rentals in the area.
Fair value modelled at €393,024 from 6 comparable sales in the area. Asking €427,500 sits €34,476 (8.8%) above — overpriced versus fair value.
Asking €427,500 versus the Paranhos, Porto, Porto area baseline of €418,068 (€2,944/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 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 €418,068, adjusted for condition and micro-location, gives a modelled fair value of €393,024 (€2,768/m²), a €34,476 (8.8%) gap versus the €427,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Paranhos · 190776 | Subject | €427,500 | €3,011 | — | 74 | 72 |
| Rio Tinto · 86ccbe | Active | €289,000 | €2,429 | 19.3% | 72 | 72 |
| Paranhos · 49b7c4 | Active | €298,000 | €2,980 | 1.0% | 75 | 71 |
| rua de Serpa Pinto, 700 | Active | €340,000 | €3,036 | 0.8% | 74 | 75 |
| rua Damião de Góis | Active | €550,000 | €3,143 | 4.4% | 74 | 90 |
| Median comp | €319,000 | €3,008 | 0.1% | 74 | 74 |
Long-term rental This property offers a respectable gross yield of 3.8%, which aligns with the expectations for long-term rental investments in suburban Porto. However, given its fair value assessment, it does not present a strong opportunity for capital appreciation. Family rental With a solid condition rating of 76/100 and a neighborhood score of 72/100, this apartment is well-suited for families looking for stable living options in Greater Porto. The fair pricing suggests it will meet the needs of family renters without significant upside for investors seeking deep value. Buy-and-hold As a buy-and-hold investment, this property demonstrates stability in the current market context, offering moderate gross yields without significant renovation costs needed. Yet, with a fair valuation, potential investors should be cautious about expecting quick returns or significant price increases in the near future. Not ideal for short-term vacation rental This property is not well-positioned for short-term vacation rentals due to its suburban location and the existing fair market valuation. Investors may find better opportunities in more central or tourist-focused areas in Porto. Not ideal for luxury market Given the fair price of the property in a suburban context, it does not align with luxury market expectations which typically demand premium pricing for exclusive features. Investors may need to look elsewhere for opportunities in the high-end segment of the market.
Economic volatility risk The property is at risk due to its economic stability score of 70/100, indicating potential fluctuations in the local market that may affect long-term value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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