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, 2-bathroom apartment of 72 m² on the 1st floor, energy rating E. Located on travessa do Covelo, 142, Paranhos parish, Porto municipality, Porto district. Noteworthy Features: The apartment includes a versatile annex on the terrace with connections for water, sewage, and electricity, ideal for a small outdoor kitchen or utility space.
The valuation. The asking price of €225,000 is slightly above the fair value of €219,662, showing a premium of €5,338 (2.4%). This positions the property at a fair valuation for the current market conditions.
Fair value modelled at €219,662 from 6 comparable sales in the area. Asking €225,000 sits €5,338 (2.4%) above — overpriced versus fair value.
Asking €225,000 versus the travessa do Covelo, 142 area baseline of €191,243 (€2,656/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 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 €191,243, adjusted for condition and micro-location, gives a modelled fair value of €219,662 (€3,051/m²), a €5,338 (2.4%) gap versus the €225,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| travessa do Covelo, 142 | Subject | €225,000 | €3,125 | — | 74 | 77 |
| rua Coutinho de Azevedo | Active | €300,000 | €3,261 | 4.3% | 72 | 82 |
| Campanhã · 4a807e | Active | €224,500 | €2,993 | 4.2% | 80 | 69 |
| rua António Cândido | Active | €310,000 | €3,039 | 2.7% | — | 70 |
| rua de António Granjo, 53 | Active | €324,000 | €2,919 | 6.6% | 75 | 77 |
| Median comp | €305,000 | €3,016 | 3.5% | 75 | 74 |
Long-term rental The property offers a gross yield of 5.6%, indicating a reasonable income potential in the long-term rental market. Positioned in a typical suburban area of Greater Porto, it attracts stable tenants looking for comfortable living spaces. Family rental With its 2-bedroom layout and favorable condition rating of 76/100, this apartment serves as an excellent option for families seeking a long-term residence. The neighborhood score of 77/100 further highlights its appeal for those prioritizing community and amenities. Buy-and-hold Given its fair value of €219,662 and a close listing price of €225,000, holding this property could yield reasonable returns over time, especially in a growing market like Paranhos. This strategy aligns well with the current demographics, as there is consistent demand for family housing in suburban Porto.
Economic Vulnerability The property may be at risk due to a relatively high economic stability score of 80/100, suggesting a potential exposure to economic fluctuations that could affect tenant demand. Tenant Turnover Risk With a tenant stability score of 75/100, there is a notable risk of higher than expected tenant turnover, which could lead to increased vacancy rates and costs associated with finding new tenants.
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