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, 1-bathroom apartment of 92 m² on the 1st floor, built in 2000, energy rating C. Located on rua Cidade de Bristol, 147, Ramalde parish, Porto municipality, Porto district. The apartment is located within the Porto Palace development, which features two elevators and a promising proximity to emerging green areas and new developments along Avenida das Congostas.
The valuation. The asking price of €290,000 is €44,718 (18.2%) above the fair value of €245,282, indicating that the property is overpriced. This disparity highlights the need for careful consideration in any investment decision related to this apartment.
Fair value modelled at €245,282 from 6 comparable sales in the area. Asking €290,000 sits €44,718 (18.2%) above — overpriced versus fair value.
Asking €290,000 versus the rua Cidade de Bristol, 147 area baseline of €230,239 (€2,503/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 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 €230,239, adjusted for condition and micro-location, gives a modelled fair value of €245,282 (€2,666/m²), a €44,718 (18.2%) gap versus the €290,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Cidade de Bristol, 147 | Subject | €290,000 | €3,152 | — | 68 | 70 |
| rua 4 Caminhos, 126 | Active | €314,500 | €2,536 | 19.5% | 75 | 76 |
| rua de Diogo Botelho, 137 | Active | €270,000 | €3,000 | 4.8% | 63 | 75 |
| rua de Oslo | Active | €239,900 | €2,666 | 15.4% | 64 | 66 |
| rua do Conde de Vilas Boas | Active | €375,000 | €2,885 | 8.5% | 74 | 76 |
| Median comp | €292,250 | €2,776 | 11.9% | 69 | 76 |
Long-term rental The 2-bed apartment in Ramalde is overpriced at €290,000, significantly above its fair value of €245,282, indicating an 18.2% cost premium. While the proximity to Porto's employment and amenities offers some stability, the notable gap from fair value diminishes its appeal for long-term rental investors. Buy-and-hold At a gross yield of 4.5%, the investment in this property may not provide adequate returns compared to its fair value of €245,282 amid the current listing price of €290,000. The moderate condition and neighbourhood ratings do not justify the 18.2% premium, making this a less attractive buy-and-hold opportunity. Family rental Although the property is located in a suburban area with lower crime rates, the current pricing at €290,000 is well above the estimated fair value of €245,282. The 18.2% gap indicates that this apartment may not be the most reliable option for family rentals, leaving potential investors with concerns about rental profitability.
Economic and Tenant Risk: With both economic stability and tenant stability scores at 70/100, there is a moderate risk of economic fluctuations affecting tenant retention and rental income stability.
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