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 105 m² on the 3rd floor. Located on rua das Andresas, 382, Ramalde parish, Porto municipality, Porto district. Noteworthy Features: The apartment benefits from a fireplace in the living room and is located in a private condominium with a 24-hour concierge for added security and convenience.
The valuation. The asking price of €425,000 exceeds the fair value of €345,594 by €79,406 (23.0%), indicating the property is overpriced. Such a premium raises concerns for potential investors looking for a sound investment.
Fair value modelled at €345,594 from 6 comparable sales in the area. Asking €425,000 sits €79,406 (23.0%) above — overpriced versus fair value.
Asking €425,000 versus the rua das Andresas, 382 area baseline of €286,121 (€2,725/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 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 €286,121, adjusted for condition and micro-location, gives a modelled fair value of €345,594 (€3,291/m²), a €79,406 (23.0%) gap versus the €425,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua das Andresas, 382 | Subject | €425,000 | €4,048 | — | 74 | 74 |
| rua Cegonhas, 79 | Active | €340,000 | €3,656 | 9.7% | 72 | 66 |
| rua Amigos do Porto | Active | €370,000 | €4,022 | 0.6% | 75 | 80 |
| rua Monserrate, 63 | Active | €364,900 | €2,919 | 27.9% | 76 | 64 |
| rua da Cruz de Pau, 452 | Active | €380,000 | €4,000 | 1.2% | 75 | 72 |
| Median comp | €367,450 | €3,828 | 5.4% | 75 | 69 |
Long-term rental The 2-bed apartment in Ramalde is not ideal for long-term rental due to its current listing price of €425,000, which is 23% above the fair value of €345,594, implying limited upside potential. With a gross yield of 3.8%, the investment does not sufficiently compensate for the elevated price relative to the market value. Family rental While the property could appeal to families given its size, the home is overpriced at €425,000, creating a barrier for broad rental appeal in a competitive market. The 3.8% yield does not present an attractive option for families looking for value in their rental choices. Buy-and-hold The buy-and-hold strategy is hindered by the €425,000 price tag that suggests the property is overpriced compared to the fair value of €345,594. The anticipated returns at a 3.8% yield are insufficient to justify a long-term hold in the current price context, raising concerns about future capital appreciation potential.
Tenant turnover risk There is a potential risk of increased tenant turnover, reflecting their stability score of 70/100, which may lead to higher vacancy rates and increased re-leasing costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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