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.
3-bedroom, 2-bathroom apartment of 79 m² on the 2nd floor, built in 1958, energy rating D. Located on rua do Zambeze, 214, Paranhos parish, Porto municipality, Porto district. Noteworthy Features: The apartment includes two balconies for outdoor space and an office area, enhancing its potential for personalization and productivity in a residential setting.
The valuation. The asking price of €275,000 is €35,763 (14.9%) above the fair value of €239,237, indicating that this property is overpriced. This discrepancy suggests limited potential for an immediate financial return on investment. Buy-to-flip angle. A buy-and-flip strategy may not yield significant profits due to the property’s condition rating of 39/100 and its overpriced status. The need for renovations could further increase holding costs and reduce the attractiveness of a quick resale. Buy-to-let angle. The estimated gross yield of 5.1% (~€1,169/month) offers a reasonable rental income potential, making it suitable for long-term rental investments. However, the dated condition may deter higher-paying tenants, impacting overall cash flow.
Fair value modelled at €239,237 from 6 comparable sales in the area. Asking €275,000 sits €35,763 (14.9%) above — overpriced versus fair value.
Asking €275,000 versus the rua do Zambeze, 214 area baseline of €281,165 (€3,559/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 39/100 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 €281,165, adjusted for condition and micro-location, gives a modelled fair value of €239,237 (€3,028/m²), a €35,763 (14.9%) gap versus the €275,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Zambeze, 214 | Subject | €275,000 | €3,481 | — | 35 | 78 |
| alameda 25 de Abril | Active | €267,000 | €2,811 | 19.3% | 30 | 76 |
| Paranhos · 1908cf | Active | €250,000 | €3,165 | 9.1% | 38 | 69 |
| rua de São Gens | Active | €249,000 | €1,992 | 42.8% | 30 | 66 |
| rua de Serralves | Active | €450,000 | €3,214 | 7.7% | 35 | 76 |
| Median comp | €258,500 | €2,988 | 14.2% | 33 | 73 |
Long-term rental The property’s current price of €275,000 exceeds the fair value of €239,237, indicating it is overpriced by 14.9%. Despite a relatively strong gross yield of 5.1%, potential long-term rental profitability may be insufficient to justify the excessive initial investment. Buy-and-hold At a price point of €275,000, this apartment is overpriced at 14.9% above its fair value of €239,237, leading to concerns about future appreciation. While Porto's job market offers stability, the high entry cost may limit overall returns for a buy-and-hold strategy. Family rental Given the property’s valuation of €275,000, which is 14.9% higher than the €239,237 fair value, it is overpriced and may deter potential family renters. Its decent neighborhood rating of 78/100 is a positive factor, but the cost could limit attractiveness to prospective tenants seeking affordability.
Tenant turnover risk With a tenant stability score of 70/100, there is a potential risk of higher tenant turnover affecting consistent rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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