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: This apartment includes two balconies with East/West orientation, providing ample natural light and outdoor space, along with an office and pantry, enhancing functional living.
The valuation. The asking price of €275,000 sits significantly above the fair value of €239,500, with a difference of €35,500 (14.8%). This property is considered overpriced based on current market evaluations.
Fair value modelled at €239,500 from 6 comparable sales in the area. Asking €275,000 sits €35,500 (14.8%) above — overpriced versus fair value.
Asking €275,000 versus the rua do Zambeze, 214 area baseline of €292,977 (€3,709/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 33/100 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 €292,977, adjusted for condition and micro-location, gives a modelled fair value of €239,500 (€3,032/m²), a €35,500 (14.8%) gap versus the €275,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Zambeze, 214 | Subject | €275,000 | €3,481 | — | 25 | 76 |
| 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 Serralves | Active | €450,000 | €3,214 | 7.7% | 35 | 76 |
| rua de São Gens | Active | €249,000 | €1,992 | 42.8% | 30 | 66 |
| Median comp | €258,500 | €2,988 | 14.2% | 33 | 73 |
Long-term rental The 3-bed apartment in Paranhos is overpriced with a listing price of €275,000 compared to a fair value of €239,500, translating to a 14.8% gap. Despite a gross yield of 5.1%, the high acquisition cost undermines the long-term rental potential. Buy-and-hold Investing in this property for a buy-and-hold strategy is questionable due to its current overpriced status, as the fair valuation is significantly lower at €239,500. While the neighborhood scores a decent 76/100, the high purchase price limits the investment's attractiveness in the long run. Family rental This apartment's price of €275,000 positions it above fair value, making it less viable for a family rental strategy despite the area’s relatively good rating. The condition score of 33/100 also suggests that substantial investment may be needed to attract family tenants, further complicating the investment case.
Potential Tenant Turnover The tenant stability score of 70/100 suggests a moderate risk of tenant turnover, which could impact rental income and increase vacancy rates.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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