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 86 m², built in 2000, energy rating C. Located on rua Sá de Miranda, 293, Paranhos parish, Porto municipality, Porto district. Noteworthy Features: This apartment boasts a west-facing balcony with unobstructed views, accessible from multiple rooms, enhancing both natural light and outdoor space for relaxation. Additional Context: The building's 2000 construction ensures modern amenities, while nearby universities and hospitals drive sustained rental demand in the area.
The valuation. The asking price of €290,000 is €23,223 (8.7%) above the fair value of €266,777, indicating a fair valuation for the property. It provides a reasonable foundation for potential investors.
Fair value modelled at €266,777 from 6 comparable sales in the area. Asking €290,000 sits €23,223 (8.7%) above — overpriced versus fair value.
Asking €290,000 versus the rua Sá de Miranda, 293 area baseline of €260,929 (€3,034/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 €260,929, adjusted for condition and micro-location, gives a modelled fair value of €266,777 (€3,102/m²), a €23,223 (8.7%) gap versus the €290,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Sá de Miranda, 293 | Subject | €290,000 | €3,372 | — | 70 | 70 |
| rua de Fonseca Cardoso, 165 | Active | €235,000 | €3,052 | 9.5% | 62 | 74 |
| rua Doutor Eduardo Santos Silva, 18 | Active | €310,000 | €3,263 | 3.2% | 74 | 75 |
| rua do Conde de Vilas Boas | Active | €375,000 | €2,885 | 14.5% | 74 | 76 |
| travessa Gil Eanes S / N | Active | €255,000 | €2,257 | 33.1% | 70 | 62 |
| Median comp | €282,500 | €2,969 | 12.0% | 72 | 75 |
Long-term rental This property offers a yield of 3.6%, reflecting potential stability for long-term tenants. While the current pricing is fair, the overall condition and neighborhood ratings indicate limited upside in rent growth. Family rental With a solid neighborhood rating of 70/100, this apartment could cater well to families seeking a comfortable living space. However, the fair pricing suggests that investors should be cautious, as the property does not stand out in terms of investment value. Buy-and-hold Purchasing this property as a buy-and-hold investment may not yield substantial appreciation due to its fair value and modest condition score of 68/100. Investors should consider the potential for steady rental income, but with limited prospects for significant value growth in the near term.
Moderate Economic and Tenant Risk With an economic stability score of 70 and a tenant stability score of 65, there is a moderate risk associated with potential fluctuations in rent revenue and increased vacancy rates due to tenant turnover.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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