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, 2-bathroom apartment of 98 m², built in 1992, energy rating C. Located on estrada a Circunvalação, Ramalde parish, Porto municipality, Porto district. Noteworthy Features: This top-floor apartment includes three parking spaces and offers stunning unobstructed views, enhancing both convenience and visual appeal in a well-accessible location.
The valuation. The asking price of €487,500 is 2.3% below the fair value of €499,192, indicating a well-priced property in the market. This suggests buyers can proceed confidently without concerns of overpaying.
Fair value modelled at €499,192 from 6 comparable sales in the area. Asking €487,500 sits €11,692 (2.3%) below — the upside to fair value.
Asking €487,500 versus the estrada a Circunvalação area baseline of €423,007 (€4,316/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 83/100 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 €423,007, adjusted for condition and micro-location, gives a modelled fair value of €499,192 (€5,094/m²), a €11,692 (2.3%) gap versus the €487,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| estrada a Circunvalação | Subject | €487,500 | €4,974 | — | 79 | 74 |
| rua Pedro Homem de Melo | Active | €700,000 | €5,469 | 9.9% | 78 | 71 |
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · 3a71a2 | Active | €550,000 | €5,238 | 5.3% | 74 | 78 |
| rua de Vale Formoso | Active | €490,000 | €4,949 | 0.5% | 80 | 71 |
| rua de Antero de Quental, 43 | Active | €380,000 | €4,750 | 4.5% | 80 | 74 |
| Median comp | €520,000 | €5,094 | 2.4% | 79 | 73 |
Long-term rental The 3-bed apartment in Ramalde offers a fair investment opportunity given its consistent rental yield of 3%, which aligns with current market trends. With the listing price closely matching the fair value at €487,500, investors can expect stable cash flow while benefiting from residential demand in the suburban area near Porto. Family rental Positioned in a suburban setting near Porto's city limits, this property is well-suited for family rentals, appealing to tenants seeking space combined with accessibility. The neighborhood's solid amenities, rated 74/100, enhance its attractiveness for families, allowing for competitive occupancy rates. Buy-and-hold Acquiring this apartment as a buy-and-hold investment can yield favorable long-term appreciation, especially with a fair valuation indicating moderate growth potential. Given the property’s solid condition rating of 83/100, it offers a sound basis for sustained rental income in a stable residential market.
Tenant turnover risk Due to the tenant stability score being 65/100, there is a moderate likelihood of increased tenant turnover, which could lead to potential vacancy periods and associated costs.
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