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, 0-bathroom apartment of 90 m² on the 2nd floor, built in 2000, energy rating C. Located Paranhos parish, Porto municipality, Porto district. Noteworthy Features: The living room's fireplace enhances the cozy ambiance, while the combination of air conditioning and natural light from the balconies creates a comfortable atmosphere year-round.
The valuation. The asking price of €360,000 is significantly higher than the fair value of €309,500, representing an overprice of €50,500 (16.3%). This indicates that the property is overpriced. Buy-to-flip angle. A resale strategy for this apartment would hinge on updating dated appliances and presenting the property at a list price aiming for quick turnover. Targeting buyers who appreciate the good-quality materials might yield a profitable return. Buy-to-let angle. With an estimated rental income of €1,080/month, the gross yield stands at 3.6%, suitable for long-term rental or family rental strategies. The suburban location may attract steady tenants despite limited employment diversity.
Fair value modelled at €309,500 from 6 comparable sales in the area. Asking €360,000 sits €50,500 (16.3%) above — overpriced versus fair value.
Asking €360,000 versus the Paranhos, Porto, Porto area baseline of €287,368 (€3,193/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 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 €287,368, adjusted for condition and micro-location, gives a modelled fair value of €309,500 (€3,439/m²), a €50,500 (16.3%) gap versus the €360,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Paranhos · f10c23 | Subject | €360,000 | €4,000 | — | 75 | 68 |
| avenida Xanana Gusmão | Active | €360,000 | €2,951 | 26.2% | 75 | 68 |
| rua Damião de Góis | Active | €550,000 | €4,955 | 23.9% | — | 78 |
| São Mamede de Infesta e Senhora da Hora · 90da9d | Active | €360,000 | €3,600 | 10.0% | 80 | 61 |
| travessa Doutor Barros, 17 | Active | €298,000 | €3,821 | 4.5% | 70 | 76 |
| Median comp | €360,000 | €3,711 | 7.2% | 75 | 72 |
Long-term rental The apartment in Paranhos offers a gross yield of 3.6%, indicating that the property is not well-positioned for long-term rental profitability given its current price point. Additionally, with a fair value of €309,500, the 16.3% gap suggests that potential returns may not justify the investment compared to similarly priced alternatives in the area. Family rental While the neighborhood can cater to families, the overall condition rating of 74/100 and the property being overpriced at €360,000 may limit its attractiveness to potential family tenants. Furthermore, the suburban location with less diverse employment opportunities than central Porto could affect the long-term desirability of the property for families. Buy-and-hold The high acquisition cost and low yield make this property a less appealing candidate for a buy-and-hold strategy, particularly when considering the fair value of €309,500. Investing in this overpriced apartment would likely lead to underwhelming long-term returns, especially in a neighborhood where the economic performance does not support aggressive price increases. Not ideal for Given the property’s overpriced status, it is unsuitable for short-term rental and student housing strategies, as the higher price may hamper the potential revenue these markets typically offer. Additionally, the luxury market is not an ideal fit due to the location’s suburban nature and lack of amenities that appeal to affluent tenants.
Economic Vulnerability: The combined economic stability score of 65 and tenant stability score of 60 indicates potential challenges, as both scores suggest a higher likelihood of fluctuations in occupancy and rental income, particularly if local market conditions worsen.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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