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.
0-bedroom, 0-bathroom mix_use_building of 347 m², built in 1945, energy rating D. Located on avenida Fernão de Magalhães, Bonfim parish, Porto municipality, Porto district. Noteworthy Features: The building is positioned on Avenida Fernão de Magalhães, a prime location for high visibility and foot traffic, increasing its appeal for future development. Development Potential: A rare opportunity to expand to five floors, pivotal for maximizing investment returns.
The valuation. There are not enough comparable sales in this area yet to establish a reliable fair-value estimate. Therefore, it is challenging to determine the market position of the property. Buy-to-flip angle. Given the property's outdated condition and location within a mixed-use neighborhood, a resale strategy focusing on renovations could attract a competitive market. The right improvements may significantly enhance the appeal for potential buyers. Buy-to-let angle. The long-term rental strategy in Porto's moderate crime and high-quality school environment could yield favorable tenant demand. This property presents an opportunity for stable rental income following necessary upgrades to its current state.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Fernão de Magalhães | Subject | €1,200,000 | €3,458 | — | 15 | 74 |
| rua do Duque de Saldanha | Active | €700,000 | €3,518 | 1.7% | 18 | 83 |
| rua D. João IV no Porto | Active | €960,000 | €2,720 | 21.4% | — | 75 |
| rua do Cabo Borges S / N | Active | €750,000 | €2,778 | 19.7% | 20 | 70 |
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · 5ecf13 | Active | €4,700,000 | €3,704 | 7.1% | 18 | 82 |
| Median comp | €855,000 | €3,148 | 9.0% | 18 | 79 |
Long-term rental The property's location in Bonfim, Porto, combined with the neighborhood's quality rating of 74/100, provides a stable foundation for long-term rental opportunities. Although the building's condition is rated at 20/100, renovations could attract reliable tenants given the demand for housing in Porto's urban areas. Buy-and-hold Investing in this mixed-use building in Bonfim could yield significant long-term appreciation as Porto continues to grow economically. The overall neighborhood quality and good school ratings suggest a sustainable demand for residential space that can benefit from ongoing urban development. Short-term vacation rental While the property currently has a 0% gross yield, its strategic location within a city frequented by tourists positions it for potential conversion into a profitable short-term rental after refurbishment. The surrounding area's amenities and cultural attractions add to its attractiveness for visitors seeking accommodations in Porto.
Tenant turnover risk With a tenant stability score of 65/100, there is a notable risk of higher turnover and vacancy rates, potentially impacting cash flow and profitability.
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Not enough comparable sales in this area to confidently estimate a fair value.
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