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, 1-bathroom apartment of 165 m² on the 1st floor, built in 1962, energy rating D. Located on rua Honório de Lima, Paranhos parish, Porto municipality, Porto district. Noteworthy Features: This 3-bed potential apartment includes a box garage and is uniquely situated on a quiet street characterized by a blend of architectural styles and residential charm.
The valuation. The asking price of €285,000 is significantly underpriced compared to the fair value of €340,642, representing a difference of €55,642 or 16.3%. This positions the property as a favorable buy due to its perceived value relative to the listing.
Fair value modelled at €340,642 from 6 comparable sales in the area. Asking €285,000 sits €55,642 (16.3%) below — the upside to fair value.
Asking €285,000 versus the rua Honório de Lima area baseline of €446,626 (€2,707/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 51/100 is below the parish average, reducing fair value versus a typical-condition unit.
Recent nearby listings price below the wider parish average — a hyper-local discount distinct from the parish baseline.
Base gap of €446,626, adjusted for condition and micro-location, gives a modelled fair value of €340,642 (€2,064/m²), a €55,642 (16.3%) gap versus the €285,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Honório de Lima | Subject | €285,000 | €1,727 | — | 55 | 68 |
| Campanhã · 5b88cc | Active | €245,000 | €2,149 | 24.4% | 65 | 79 |
| travessa do Tronco, 95 | Active | €180,000 | €1,565 | 9.4% | 55 | 72 |
| avenida dos Aliados | Active | €295,000 | €1,980 | 14.6% | — | 81 |
| calçada de Maceda | Active | €225,000 | €1,844 | 6.8% | 55 | 75 |
| Median comp | €235,000 | €1,912 | 10.7% | 55 | 77 |
Long-term rental The property in Paranhos presents an attractive gross yield of 6.4%, making it a strong candidate for long-term rental investments. Additionally, its fair value is significantly higher than the listing price, indicating a favorable opportunity for consistent cash flow. Family rental With its spacious 165m² design and three bedrooms, this apartment is an ideal choice for family rentals, catering to the demand for larger living spaces in suburban areas. Coupled with good transport links and neighborhood amenities, it can effectively attract reliable long-term tenants. Buy-and-hold This apartment's market positioning, with a fair value of €340,642 compared to a listing price of €285,000, offers a unique opportunity for buy-and-hold investors seeking appreciation. The potential for value increase in a developing area makes this investment promising in the long-term outlook.
Moderate Economic Risk The property faces moderate economic risk due to a stability score of 70/100, indicating potential fluctuations in the local economy that could impact occupancy rates and rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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