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.
4-bedroom, 3-bathroom apartment of 188 m², energy rating D. Located on rua Fernando Namora, Paranhos parish, Porto municipality, Porto district. The property features three fronts of solar exposure, ensuring excellent natural light throughout the day, and offers a versatile bedroom currently adapted as an office.
The valuation. The asking price of €475,000 sits €79,917 (20.2%) above the fair value of €395,083, indicating that the property is overpriced. This notable discrepancy suggests caution for potential buyers considering the investment.
Fair value modelled at €395,083 from 6 comparable sales in the area. Asking €475,000 sits €79,917 (20.2%) above — overpriced versus fair value.
Asking €475,000 versus the rua Fernando Namora area baseline of €478,086 (€2,543/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 60/100 is below the parish average, reducing 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 €478,086, adjusted for condition and micro-location, gives a modelled fair value of €395,083 (€2,102/m²), a €79,917 (20.2%) gap versus the €475,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Fernando Namora | Subject | €475,000 | €2,527 | — | 58 | 73 |
| rua de Gonçalo Cristóvão, 128 | Active | €490,000 | €2,130 | 15.7% | 55 | 78 |
| rua da Estrada Velha, 4 | Active | €390,000 | €1,681 | 33.5% | — | 74 |
| rua da Constituição | Active | €370,000 | €2,517 | 0.4% | 48 | 75 |
| rua do Visconde de Setúbal, 10 | Active | €257,000 | €2,073 | 18.0% | 60 | 80 |
| Median comp | €380,000 | €2,102 | 16.8% | 55 | 77 |
Long-term rental The 4-bed apartment in Paranhos is priced at €475,000, which is 20.2% above its fair value of €395,083, indicating it is overpriced for long-term rental strategy. With a gross yield of only 4.2%, the property may not generate adequate returns considering its inflated price. Family rental Given the substantial gap between the listing price and fair value, the apartment's current price of €475,000 makes it an overpriced option for family rentals. While the neighborhood rates 73/100, the burden of the higher price limits potential profitability for families seeking sustainable rental options. Buy-and-hold The property is listed at €475,000, representing a 20.2% premium over its fair value, which suggests it is overpriced for a buy-and-hold strategy. Investors looking to hold for long-term appreciation may find the 4.2% yield insufficient to justify the heightened acquisition cost, especially in a suburban context with a condition score of 60/100.
Tenant turnover risk With a tenant stability score of 70/100, there is a notable risk of increased tenant turnover, which could impact rental income and lead to potential vacancy periods.
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