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, 1-bathroom apartment of 105 m² on the 6th floor, built in 1982, energy rating D. Located on rua Santa Luzia, 849, Ramalde parish, Porto municipality, Porto district. Noteworthy Features: This apartment boasts a spacious entrance hall and a dedicated laundry room, enhancing functionality in everyday living while maintaining a blend of modern and vintage design elements.
The valuation. The asking price of €299,900 sits €11,110 (3.8%) above the fair value of €288,790, which categorizes this property as fair priced in the current market. This slight premium reflects the location's moderate demand and overall condition.
Fair value modelled at €288,790 from 6 comparable sales in the area. Asking €299,900 sits €11,110 (3.8%) above — overpriced versus fair value.
Asking €299,900 versus the rua Santa Luzia, 849 area baseline of €286,626 (€2,730/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 63/100 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 €286,626, adjusted for condition and micro-location, gives a modelled fair value of €288,790 (€2,750/m²), a €11,110 (3.8%) gap versus the €299,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Santa Luzia, 849 | Subject | €299,900 | €2,856 | — | 60 | 79 |
| Ramalde · a8057f | Active | €280,000 | €3,011 | 5.4% | 65 | 71 |
| rua Adelaide Estrada, 132 | Active | €210,000 | €2,283 | 20.1% | 72 | 70 |
| rua Adelaide Estrada | Active | €280,000 | €3,043 | 6.6% | 70 | 74 |
| travessa Gil Eanes S / N | Active | €255,000 | €2,257 | 21.0% | 70 | 62 |
| Median comp | €267,500 | €2,647 | 7.3% | 70 | 71 |
Long-term rental The property in Ramalde offers a gross yield of 4.3%, indicating stable rental income potential aligned with the suburb's steady housing demand. Though the apartment is fairly valued at €299,900, its appeal as a long-term rental exists due to the community-oriented environment and adequate neighborhood amenities. Family rental With a solid neighborhood rating of 79/100 and access to satisfactory schools, this apartment is well-positioned for family renters seeking a stable living environment in Porto's suburbs. While the property is fairly priced, its spacious layout and community features enhance its attractiveness to families looking for a long-term home. Buy-and-hold Investors considering a buy-and-hold strategy may find this property appealing despite its fair valuation of €299,900, due to the ongoing demand for housing in Porto's suburban areas. The blend of a desirable neighborhood and decent property condition suggests that its value can be maintained or appreciate over time, providing a solid long-term investment opportunity.
Potential Tenant Turnover The tenant stability score of 75/100 suggests a moderately high risk of turnover, which could lead to increased vacancy periods and costs associated with tenant acquisition and property maintenance.
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