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, 3-bathroom house of 288 m², energy rating F. Located on praça Velásquez, Bonfim parish, Porto municipality, Porto district. Noteworthy Features: This property has an approved architectural project for rehabilitation, designed to enhance its historical elegance while improving energy efficiency and modern comfort standards.
The valuation. The asking price of €1,100,000 is significantly above the fair value of €762,212, representing an overpricing of €337,788 (44.3%). This prompts a reconsideration of the investment based on current market conditions.
Fair value modelled at €762,212 from 6 comparable sales in the area. Asking €1,100,000 sits €337,788 (44.3%) above — overpriced versus fair value.
Asking €1,100,000 versus the praça Velásquez area baseline of €739,275 (€2,567/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 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 €739,275, adjusted for condition and micro-location, gives a modelled fair value of €762,212 (€2,647/m²), a €337,788 (44.3%) gap versus the €1,100,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praça Velásquez | Subject | €1,100,000 | €3,819 | — | 66 | 72 |
| rua do Rio, 161 | Active | €365,000 | €1,690 | 55.8% | 74 | 73 |
| rua de Vale Formoso | Active | €399,000 | €3,381 | 11.5% | 62 | 74 |
| rua das Arroteias | Active | €430,000 | €2,606 | 31.8% | 60 | 60 |
| rua São Roque da Lameira, 382 | Active | €395,000 | €2,687 | 29.6% | 80 | 71 |
| Median comp | €397,000 | €2,647 | 30.7% | 68 | 72 |
Family rental The property is overpriced at €1,100,000, with a fair value pegged at €762,212, indicating a substantial gap of 44.3%. Its low yield of 2.4% further complicates its attractiveness for family rentals, suggesting potential cash flow issues. Long-term rental With a fair value of €762,212, the asking price represents a 44.3% premium, making this property overpriced for long-term rental purposes. Coupled with a mediocre condition score of 66/100, investor returns could be underwhelming, given the low gross yield of 2.4%. Buy-and-hold The home is far from being a sound buy-and-hold investment with its listing price of €1,100,000 being 44.3% above the fair value of €762,212. This inflated price combined with a limited yield of 2.4% raises considerable concerns regarding long-term capital appreciation and yield satisfaction.
Economic-tenant correlation risk The property has a balanced economic stability score of 75/100 and a tenant stability score of 75/100, but the correlation between these scores could indicate potential volatility in tenant retention during economic downturns.
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