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, 3-bathroom apartment of 115 m² on the 3rd floor, built in 2021, energy rating A. Located on rua João Allen, 76, Paranhos parish, Porto municipality, Porto district. Noteworthy Features: The property includes a spacious living room with large windows that ensure abundant natural light and features high-quality built-in storage solutions throughout, maximizing functionality and style.
The valuation. The asking price of €392,000 is slightly above its fair value of €377,629 by €14,371 (3.8%). This indicates that the property is fairly priced in the current market. Buy-to-flip angle. The buy-to-flip strategy could leverage the apartment's appealing modern finishes and prime suburban location, enticing buyers looking for quality homes. A focused renovation might yield a profitable resale due to rising demand in the area. Buy-to-let angle. With an estimated monthly rental income of €1,176, this property offers a gross yield of 3.6%. Given the steady housing demand in the neighborhood, it presents a solid opportunity for long-term rental returns.
Fair value modelled at €377,629 from 6 comparable sales in the area. Asking €392,000 sits €14,371 (3.8%) above — overpriced versus fair value.
Asking €392,000 versus the rua João Allen, 76 area baseline of €348,647 (€3,032/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 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 €348,647, adjusted for condition and micro-location, gives a modelled fair value of €377,629 (€3,284/m²), a €14,371 (3.8%) gap versus the €392,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua João Allen, 76 | Subject | €392,000 | €3,409 | — | 82 | 76 |
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · ba5b2d | Active | €695,000 | €2,518 | 26.1% | 80 | 73 |
| rua da Asprela, 90 | Active | €397,000 | €3,126 | 8.3% | 87 | 74 |
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · 8750cb | Active | €575,000 | €4,356 | 27.8% | 80 | 74 |
| praça das Flores | Active | €435,000 | €3,199 | 6.2% | 80 | 70 |
| Median comp | €505,000 | €3,163 | 7.2% | 80 | 74 |
Long-term rental The 2-bed apartment in Paranhos presents a modest gross yield of 3.6%, aligning with the demand dynamics of the suburban Porto market. With a fair value only slightly below the listing price, the property maintains stable potential for long-term rental, consistent with the area’s solid tenant quality. Family rental Given its size and location, this apartment is well-suited for family rentals, benefiting from the area’s lower crime rates and available amenities. The property’s condition and neighborhood rating suggest it can attract a desirable tenant demographic seeking a family-friendly environment. Buy-and-hold The position of this apartment in a demand-driven suburban sector makes it a suitable candidate for a buy-and-hold investment strategy. The proximity to Porto enhances its attractiveness over time, even though the current price reflects fair valuation against market trends.
Tenant turnover risk With a tenant stability score of 70/100, there is a moderate risk of high tenant turnover, which can lead to increased vacancy rates and additional costs in the property management process.
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