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, 3-bathroom apartment of 76 m², built in 1989, energy rating F. Located Bonfim parish, Porto municipality, Porto district. Noteworthy Features: The apartment includes a spacious terrace designed for outdoor leisure, enhancing the living experience in the vibrant Bonfim area of Porto. Location Advantage: Positioned in a rapidly appreciating neighborhood with a rich cultural scene and easy access to the historic center.
The valuation. The asking price of €320,000 is €27,447 (9.4%) above the fair value of €292,553, indicating a fair pricing strategy. This positions the property competitively within the current market in Bonfim, Porto.
Fair value modelled at €292,553 from 6 comparable sales in the area. Asking €320,000 sits €27,447 (9.4%) above — overpriced versus fair value.
Asking €320,000 versus the Bonfim, Porto, Porto area baseline of €254,968 (€3,355/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 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 €254,968, adjusted for condition and micro-location, gives a modelled fair value of €292,553 (€3,849/m²), a €27,447 (9.4%) gap versus the €320,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Bonfim · 7cac76 | Subject | €320,000 | €4,211 | — | 72 | 72 |
| rua Álvaro de Castelões, 222 | Active | €360,000 | €3,913 | 7.1% | 70 | 74 |
| travessa Mesa, 6 | Active | €365,000 | €4,451 | 5.7% | 80 | 74 |
| rua Particular das Regadas | Active | €300,000 | €2,703 | 35.8% | 70 | 78 |
| rua Vasques de Mesquita, 40 | Active | €259,000 | €4,047 | 3.9% | 80 | 73 |
| Median comp | €330,000 | €3,980 | 5.5% | 75 | 74 |
Long-term rental The property stands at a fair valuation with a slight gap of 9.4% against its fair market value of €292,553, which aligns with the desired yield of 4.1%. While it may serve as a stable long-term rental investment, the current pricing suggests caution for maximizing returns. Family rental With a gross yield of 4.1% and a well-rated 77/100 condition score, this apartment is positioned moderately within the family rental market. However, being fairly priced indicates limited upside potential compared to other opportunities in the area. Buy-and-hold This investment presents a reasonable option for a buy-and-hold strategy, given the flat gap of 9.4% from fair value and adequate amenities in the neighborhood. The current fair pricing reflects that while it can provide steady rental income, future appreciation may be more limited than desired.
Tenant turnover risk With a tenant stability score of 70/100, there is an above-average likelihood of tenant turnover, which could result in increased vacancy rates and potential loss of 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
