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 105 m² on the 1st floor, built in 1998, energy rating C. Located on avenida Fernão de Magalhaes, Paranhos parish, Porto municipality, Porto district. Noteworthy Features: This apartment features a separate laundry room for added convenience and well-maintained living areas with minimal wear that enhance its overall appeal.
The valuation. The asking price of €287,000 exceeds the fair value of €261,138 by €25,862, or 9.9%. This property is thus fairly priced in the current market context.
Fair value modelled at €261,138 from 6 comparable sales in the area. Asking €287,000 sits €25,862 (9.9%) above — overpriced versus fair value.
Asking €287,000 versus the avenida Fernão de Magalhaes area baseline of €240,215 (€2,288/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 above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €240,215, adjusted for condition and micro-location, gives a modelled fair value of €261,138 (€2,487/m²), a €25,862 (9.9%) gap versus the €287,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Fernão de Magalhaes | Subject | €287,000 | €2,733 | — | 72 | 77 |
| parque da Prelada | Active | €289,000 | €2,276 | 16.7% | 73 | 71 |
| rua Antero de Quental | Active | €239,500 | €2,957 | 8.2% | 60 | 77 |
| rua Dom João IV | Active | €260,000 | €2,680 | 1.9% | 70 | 80 |
| rua Dom Afonso Henriques, 385 , 4 | Active | €289,000 | €2,294 | 16.1% | 70 | 67 |
| Median comp | €274,500 | €2,487 | 9.0% | 70 | 74 |
Long-term rental The property generates a gross yield of 5.2%, making it a reasonable choice for long-term rental in a stable suburban area. With a neighbourhood rating of 77/100, the location offers solid tenant demand and economic context, supporting consistent rental income. Family rental Its spacious 105m² layout is conducive to family living, combined with a neighbourhood that enjoys good amenities and housing market conditions. While the asking price is fair, it is essential to consider that the current condition score of 70/100 indicates there may be some need for minor updates to attract family tenants. Buy-and-hold Holding this property in the current market conditions could yield reliable returns due to its gross yield of 5.2% and stable neighbourhood characteristics. Although priced at €287,000 is fair relative to fair value, potential investors should be aware of the ongoing maintenance required to preserve its appeal over the long term.
Tenant turnover risk High tenant turnover could result from an average tenant stability score of 75/100, potentially leading to increased vacancy rates and associated costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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