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, 1-bathroom apartment of 224 m², built in 2010, energy rating A. Located Ramalde parish, Porto municipality, Porto district. Unique Feature: Newly converted from a former store, this apartment boasts generous ceiling heights and three independent entrances, allowing for versatile configurations and potential rental opportunities.
The valuation. The asking price of €650,000 sits slightly above the fair value of €642,411, representing a difference of €7,589 or 1.2%. This property is valued fairly within the current market context.
Fair value modelled at €642,411 from 6 comparable sales in the area. Asking €650,000 sits €7,589 (1.2%) above — overpriced versus fair value.
Asking €650,000 versus the Ramalde, Porto, Porto area baseline of €551,812 (€2,463/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 69/100 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 €551,812, adjusted for condition and micro-location, gives a modelled fair value of €642,411 (€2,868/m²), a €7,589 (1.2%) gap versus the €650,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ramalde · 133acf | Subject | €650,000 | €2,902 | — | 70 | 73 |
| São Mamede de Infesta e Senhora da Hora · cc9c65 | Active | €288,500 | €3,069 | 5.8% | — | 70 |
| Paranhos · cc9bc2 | Active | €320,000 | €3,478 | 19.9% | — | 73 |
| Ramalde · 8ee4a9 | Active | €310,000 | €2,067 | 28.8% | — | 74 |
| São Mamede de Infesta e Senhora da Hora · 38c2c5 | Active | €320,000 | €2,667 | 8.1% | — | 64 |
| Median comp | €315,000 | €2,868 | 1.2% | — | 72 |
Long-term rental This property offers a gross yield of 3.7%, which is acceptable for a long-term rental strategy in Porto. However, the fair value suggests only a marginal gap of 1.2%, indicating that it is priced fairly in the current market. Family rental With a living space of 224m² and an attractive condition score of 69/100 in a suburban area, this apartment is well-positioned for family rentals. The neighborhood rating of 73/100 supports this strategy, as it likely appeals to families seeking reliable amenities and quality schooling. Buy-and-hold Investors considering a buy-and-hold strategy will find this property priced at €650,000 aligns closely with the fair value of €642,411, classifying it as a fair opportunity. Its decent gross yield of 3.7% and positive neighborhood characteristics suggest long-term stability in both value and rental demand.
Potential Tenant Turnover Risk: With both economic and tenant stability scores at 75/100, there is an increased risk of tenant turnover, which may lead to higher vacancy rates and costs associated with finding new tenants.
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