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 house of 200 m². Located on rua de Faria Guimarães, 392, Paranhos parish, Porto municipality, Porto district. Noteworthy Features: This house offers independent entrances for potential two-family conversion and is set back from the street, ensuring a peaceful living environment while being conveniently close to amenities.
The valuation. The asking price of €490,000 is €110,580 (29.1%) above the fair value of €379,420, rendering this property overpriced. Such a premium may limit the investment's immediate appeal to buyers seeking value. Buy-to-flip angle. Given its condition rating of 0/100, a buy-to-flip strategy may be challenging unless significant renovations are undertaken, which could increase resale value. However, the high initial asking price complicates profitability. Buy-to-let angle. With an estimated gross yield of 4.9% and a potential rental income of €2,001/month, this property may attract long-term tenants looking for family rentals. The suburban location's moderate amenities could appeal to budget-conscious renters.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua de Faria Guimarães, 392 | Subject | €490,000 | €2,450 | — | — | 72 |
| Campanhã · 190795 | Active | €395,000 | €1,703 | 30.5% | 70 | 71 |
| rua de Costa Cabral | Active | €398,000 | €1,809 | 26.2% | — | 71 |
| avenida da França, 358 | Active | €975,000 | €1,048 | 57.2% | 58 | 77 |
| rua de Bonjóia, 633 | Active | €279,900 | €1,985 | 19.0% | 74 | 76 |
| Median comp | €396,500 | €1,756 | 28.3% | 70 | 74 |
Long-term rental The property in Paranhos, Porto, is currently overpriced at €490,000 compared to its fair value of €379,420, indicating a substantial gap of 29.1%. With a gross yield of only 4.9% and limited appeal due to its condition rating of 0/100, it may not attract long-term tenants despite its decent neighborhood rating of 72/100. Buy-and-hold Investing in this property as a buy-and-hold strategy is not advisable given its overpriced status, as it does not offer a compelling return on investment with a fair value gap of 29.1%. The gross yield of 4.9% is insufficient to justify holding this property long-term, particularly given its poor condition and only moderate neighborhood amenities. Family rental While Paranhos, Porto has a neighborhood rating of 72/100 that could appeal to families, the current valuation of €490,000 heavily exceeds its fair value of €379,420, marking it as overpriced. The low-quality condition rating further diminishes its attractiveness as a family rental, which is crucial for drawing in and retaining long-term occupants.
Tenant turnover risk With a tenant stability score of 70/100, there is a notable risk of higher than average tenant turnover, potentially impacting rental income consistency for the property.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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