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, 3-bathroom apartment of 103 m² on the 5th floor, built in 1988, energy rating C. Located Ramalde parish, Porto municipality, Porto district. Noteworthy Features: This apartment includes a versatile additional 20 m² space with independent entrance, ideal for use as an office or as a potential rental unit. Location: Situated on Avenida da Boavista, it offers proximity to various amenities and efficient transport links to the city center.
The valuation. The asking price of €639,000 sits slightly below the fair value of €658,271, making it a reasonable investment opportunity with a minor gap of €19,271, or 2.9%. Buy-to-flip angle. This property could be suitable for a buy-to-flip strategy, where strategic upgrades can enable resale at a competitive price, potentially capitalizing on Porto's growing real estate market. Buy-to-let angle. With an estimated rental income of €1,438/month, the property offers a gross yield of 2.7%, appealing for long-term rental purposes in a neighborhood supported by Porto’s diverse economy.
Fair value modelled at €658,271 from 5 comparable sales in the area. Asking €639,000 sits €19,271 (2.9%) below — the upside to fair value.
Asking €639,000 versus the Ramalde, Porto, Porto area baseline of €558,039 (€5,418/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 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 €558,039, adjusted for condition and micro-location, gives a modelled fair value of €658,271 (€6,391/m²), a €19,271 (2.9%) gap versus the €639,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ramalde · e83453 | Subject | €639,000 | €6,204 | — | 84 | 71 |
| rua de Gondarém | Active | €850,000 | €6,391 | 3.0% | 82 | 82 |
| rua Doutor Jacinto Nunes S / N | Active | €850,000 | €7,265 | 17.1% | 85 | 75 |
| avenida Brasil | Active | €895,000 | €6,581 | 6.1% | 85 | 78 |
| rua de Vale Formoso | Active | €490,000 | €4,949 | 20.2% | 80 | 71 |
| Median comp | €850,000 | €6,486 | 4.5% | 84 | 77 |
Long-term rental This property is situated in an urban area of Porto, making it a stable choice for long-term rental due to the city's diversified economy. However, with a yield of 2.7% gross, it may not sufficiently meet the return expectations for investors focused on rental income. Short-term vacation rental While the property may attract visitors due to its location in Porto, the average yield of 2.7% gross suggests that short-term vacation rental performance may still be limited. The fair valuation indicates that while the property is not overpriced, it does not present a compelling case for high seasonal rental income. Buy-and-hold Investing in this property for a buy-and-hold strategy may prove to be a reasonable decision, given its fair valuation and satisfactory condition score of 85/100. However, the modest return of 2.7% gross should lead investors to carefully consider if it aligns with their long-term investment goals. Not ideal for luxury market This apartment does not fit the luxury market profile due to its overall valuation and yield metrics, making it unlikely to attract high-end buyers or renters. Consequently, investors targeting luxury segments may find better opportunities elsewhere. Not ideal for value-add renovation With the property already rated at 85/100 for condition, potential for significant enhancements or renovations appears limited, reducing the attractiveness of a value-add investment strategy. Furthermore, investing in renovations may not yield substantial increases in rental income or property value given the fair valuation status.
Tenant default risk With a tenant stability score of 60/100, there is a heightened risk of tenant turnover and potential default, which could negatively impact cash flow and occupancy rates.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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