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.
1-bedroom, 1-bathroom apartment of 47 m² on the 1st floor, built in 1982, energy rating D. Located on avenida Rodrigues de Freitas, Bonfim parish, Porto municipality, Porto district. Noteworthy Features: The apartment includes a 6 m² marquis balcony that offers sheltered outdoor space, providing a rare element of privacy and comfort in city living. Location: Positioned in Bonfim, it ensures easy access to transportation and local amenities.
The valuation. The asking price of €235,000 sits €13,430 (6.1%) above the fair value of €221,570, indicating the property is fairly priced. This positioning suggests a balanced market assessment without any immediate indicators of overvaluation or undervaluation.
Fair value modelled at €221,570 from 6 comparable sales in the area. Asking €235,000 sits €13,430 (6.1%) above — overpriced versus fair value.
Asking €235,000 versus the avenida Rodrigues de Freitas area baseline of €218,456 (€4,648/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 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 €218,456, adjusted for condition and micro-location, gives a modelled fair value of €221,570 (€4,714/m²), a €13,430 (6.1%) gap versus the €235,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Rodrigues de Freitas | Subject | €235,000 | €5,000 | — | 70 | 75 |
| Bonfim · f10d18 | Active | €230,000 | €4,600 | 8.0% | 76 | 80 |
| rua Costa Cabral | Active | €175,000 | €4,730 | 5.4% | 70 | 78 |
| rua Santa Catarina | Active | €390,000 | €4,699 | 6.0% | 68 | 78 |
| Paranhos · 829036 | Active | €220,000 | €5,946 | 18.9% | 73 | 76 |
| Median comp | €225,000 | €4,715 | 5.7% | 72 | 78 |
Long-term rental This property shows strong potential for a long-term rental strategy, particularly given its gross yield of 4.8%. With a fair valuation closely aligned with the listing price, it remains an option for steady rental income without being a bargain. Family rental The 1-bed apartment is well-positioned for family rental, especially in the suburban context of Bonfim, where the neighborhood score is 75/100. Although priced fairly, it meets the needs of families looking for a quality living environment. Buy-and-hold Adopting a buy-and-hold strategy could be beneficial in Porto, given the stable demand in the real estate market and this apartment's fair valuation. The property can serve as a long-term asset in a growing area, but prospective buyers should note its nearest fair value gap. Not ideal for: The property is not suited for short-term rental or student housing, as its size and configuration do not cater to the typical needs of these tenants. Additionally, despite being in a good neighborhood, the pricing does not align well with luxury market expectations.
Economic Dependency Risk The property may be impacted by shifts in the local economy due to a moderate economic stability score of 75/100, which signifies potential vulnerability to economic downturns. Tenant Dependency Risk Tenant turnover could occur more frequently due to a tenant stability score of 75/100, indicating a potential risk of inconsistent rental income.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
