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 112 m² on the 1st floor, built in 1998, energy rating C. Located on avenida de Fernão de Magalhães, Paranhos parish, Porto municipality, Porto district. Noteworthy Features: This apartment includes a separate laundry room and a private storage area over 7m² on the top floor, enhancing practical living space. Solar Orientation: East and West.
The valuation. The asking price of €287,000 is significantly above the fair value of €215,231, presenting a difference of €71,769 or 33.3%. The property is thus considered overpriced.
Fair value modelled at €215,231 from 6 comparable sales in the area. Asking €287,000 sits €71,769 (33.3%) above — overpriced versus fair value.
Asking €287,000 versus the avenida de Fernão de Magalhães area baseline of €263,913 (€2,356/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 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 €263,913, adjusted for condition and micro-location, gives a modelled fair value of €215,231 (€1,922/m²), a €71,769 (33.3%) gap versus the €287,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida de Fernão de Magalhães | Subject | €287,000 | €2,563 | — | 68 | 68 |
| rua do Visconde de Setúbal, 10 | Active | €257,000 | €2,073 | 19.1% | 60 | 80 |
| rua Futebol Clube Infesta | Active | €320,000 | €2,370 | 7.5% | 73 | 66 |
| rua Henrique Bravo | Active | €280,000 | €1,556 | 39.3% | 74 | 73 |
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · 1f35e3 | Active | €369,795 | €2,516 | 1.8% | — | 73 |
| Median comp | €300,000 | €2,222 | 13.3% | 73 | 73 |
Long-term rental The property, priced at €287,000, presents a 33.3% gap compared to its fair value of €215,231, indicating it is overpriced. With a gross yield of 4.4%, the investment potential is limited in the current market context of Paranhos, Porto. Buy-and-hold While the area of Paranhos offers decent amenities and a diverse housing market, the significant overpricing of this apartment may hinder long-term appreciation. Investors should be cautious, as the current valuation at €287,000 does not support favorable future returns. Family rental Given the property’s condition rating of 70/100 and a neighbourhood quality score of 68/100, it may attract families looking for longer leases. However, the overpriced listing at €287,000 could deter potential tenants who expect a reasonable alignment with market value.
Economic Vulnerability With an economic stability score of 75, the property faces potential risks from economic downturns that could impact tenant stability, currently rated at 60, indicating a higher likelihood of vacancies or tenant turnover.
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