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.
1-bedroom, 1-bathroom apartment of 61 m² on the 1st floor, built in 2022, energy rating B. Located on rua Raúl Castro, 64, Paranhos parish, Porto municipality, Porto district. Noteworthy Features: The apartment features a pleasant balcony overlooking the planned Asprela Park, enhancing its tranquil atmosphere, complemented by access to a communal green area ideal for outdoor relaxation.
The valuation. The asking price of €299,000 is slightly above fair value at €296,175, placing it at a modest premium of €2,825 (1.0%). Verdict: fair.
Fair value modelled at €296,175 from 6 comparable sales in the area. Asking €299,000 sits €2,825 (1.0%) above — overpriced versus fair value.
Asking €299,000 versus the rua Raúl Castro, 64 area baseline of €287,057 (€4,706/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 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 €287,057, adjusted for condition and micro-location, gives a modelled fair value of €296,175 (€4,855/m²), a €2,825 (1.0%) gap versus the €299,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Raúl Castro, 64 | Subject | €299,000 | €4,902 | — | 80 | 77 |
| rua de Camões, 848 | Active | €329,000 | €5,062 | 3.3% | 78 | 83 |
| rua de Vale Formoso, 637 | Active | €190,000 | €4,419 | 9.9% | 78 | 72 |
| Paranhos · 3df352 | Active | €265,000 | €4,649 | 5.2% | 78 | 69 |
| travessa da Via Sacra, 19 | Active | €190,000 | €4,222 | 13.9% | 75 | 70 |
| Median comp | €227,500 | €4,534 | 7.5% | 78 | 71 |
Long-term rental The 1-bed apartment in Paranhos offers a gross yield of 3.7%, which aligns well with the current rental market trends in Porto. Considering its fair valuation of €299,000, this property can be a stable long-term investment opportunity, benefiting from the area's economic growth. Family rental With a neighborhood rating of 77/100, Paranhos is an appealing choice for families seeking a suburban lifestyle near Porto's urban amenities. The fair value of €299,000 reflects a reasonable entry point for targeting long-term tenants in need of quality housing. Buy-and-hold The apartment's condition rating of 82/100 suggests that it requires minimal upkeep, making it an attractive buy-and-hold investment in a thriving area. The fair market price of €299,000 supports its inclusion in a diversified real estate portfolio for steady appreciation over time.
Economic Sensitivity Risk Tenant stability at 78/100 may indicate a vulnerability to economic fluctuations, potentially affecting rental income stability in challenging economic periods.
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