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.
4-bedroom, 3-bathroom apartment of 290 m² on the 6th floor, built in 1987, energy rating B. Located on avenida de Fernão de Magalhães, Bonfim parish, Porto municipality, Porto district. This apartment features extensive natural light from large windows on three sides, enhancing panoramic city views and creating an inviting atmosphere throughout the living spaces.
The valuation. The asking price of €625,000 is significantly below the fair value of €846,071, indicating an undervalued opportunity by €221,071 (26.1%). This property represents a solid investment for buyers looking to capitalize on market inefficiencies.
Fair value modelled at €846,071 from 6 comparable sales in the area. Asking €625,000 sits €221,071 (26.1%) below — the upside to fair value.
Asking €625,000 versus the avenida de Fernão de Magalhães area baseline of €624,908 (€2,155/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 87/100 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 €624,908, adjusted for condition and micro-location, gives a modelled fair value of €846,071 (€2,917/m²), a €221,071 (26.1%) gap versus the €625,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida de Fernão de Magalhães | Subject | €625,000 | €2,155 | — | 85 | 75 |
| rua Professor Urbano de Moura | Active | €450,000 | €1,800 | 16.5% | 78 | 68 |
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · 874fcd | Active | €1,200,000 | €3,478 | 61.4% | 84 | 80 |
| rua do Capitão Pombeiro, 180 | Active | €395,000 | €3,319 | 54.0% | 80 | 72 |
| rua de Gonçalo Cristóvão | Active | €615,000 | €2,541 | 17.9% | 80 | 83 |
| Median comp | €532,500 | €2,930 | 36.0% | 80 | 76 |
Long-term rental The 4-bed apartment in Bonfim, Porto presents a strategic opportunity for long-term rental given its gross yield of 5.6% and competitive condition score of 87/100. With a significant gap of 26.1% versus fair value, this property can generate stable rental income while appreciating in a desirable urban location. Buy-and-hold Investing in this apartment is a compelling buy-and-hold strategy, given Porto's strong urban center status and diverse economic activities. The substantial fair value of €846,071 compared to the listing price of €625,000 suggests that holding this asset will likely yield value appreciation over time. Value-add renovation This property offers a potential value-add strategy through renovations, as the current condition score of 87/100 indicates a solid foundation for enhancements. The noticeable gap to fair value presents an ideal scenario for investors to increase property value through targeted improvements. Not ideal for student housing The apartment’s attributes and location may not be suitable for the student housing market, despite being in a vibrant area of Porto. Given the better alignment with other rental strategies, student housing could limit the investment's overall potential. Not ideal for short-term vacation rental The property’s features and neighborhood characteristics may not cater well to the short-term vacation rental market. As a strategic investment, opting for long-term rentals or buy-and-hold plays offers a more suitable pathway for maximizing returns.
Economic downturn risk A potential decrease in economic stability from the current score of 80 could negatively impact tenant stability marked at 75, leading to increased vacancy rates or default.
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