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 53 m² on the 1st floor, built in 2022, energy rating B. Located on rua Nova do Rio, Paranhos parish, Porto municipality, Porto district. This property includes a rooftop space allocated to the unit, providing a unique area for drying clothes while enjoying views and additional outdoor space.
The valuation. The asking price of €230,000 is slightly below the fair value of €244,179, making it a fair opportunity for potential investors, with a difference of €14,179 (5.8%). Buy-to-flip angle. With careful renovations, this property can be positioned for a quick resale at a higher market rate, capturing the appreciation potential in Porto's growing real estate market. Buy-to-let angle. The estimated rental income of approximately €978 per month translates to a gross yield of 5.1%, making it an attractive option for long-term rental investors in a vibrant neighborhood.
Fair value modelled at €244,179 from 6 comparable sales in the area. Asking €230,000 sits €14,179 (5.8%) below — the upside to fair value.
Asking €230,000 versus the rua Nova do Rio area baseline of €218,041 (€4,114/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 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 €218,041, adjusted for condition and micro-location, gives a modelled fair value of €244,179 (€4,607/m²), a €14,179 (5.8%) gap versus the €230,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Nova do Rio | Subject | €230,000 | €4,340 | — | 75 | 73 |
| rua da Torrinha | Active | €295,000 | €4,214 | 2.9% | 85 | 83 |
| Lordelo do Ouro e Massarelos · 28b6e6 | Active | €690,000 | €5,149 | 18.7% | 78 | 74 |
| Paranhos · cc9bb9 | Active | €315,000 | €3,580 | 17.5% | 70 | 69 |
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · 1626f5 | Active | €425,000 | €3,696 | 14.8% | 80 | 74 |
| Median comp | €370,000 | €3,955 | 8.9% | 79 | 74 |
Long-term rental This 2-bed apartment in Paranhos, Porto, is priced at €230,000, only 5.8% below its fair value of €244,179, indicating a fair pricing relative to the market. With a gross yield of 5.1%, it is poised for stable long-term rental income in an area influenced by urban dynamics and a decent quality of life. Buy-and-hold Investing in this apartment provides the advantage of holding a property that is fairly priced and situated in a suburban neighborhood known for safety and decent amenities. The 5.1% gross yield combined with a solid condition score of 79/100 suggests a reliable investment that could appreciate over time while attracting quality tenants. Family rental This apartment is suitable for families seeking long-term housing, with its proximity to Porto and good quality neighborhood scores contributing to its attractiveness. The fair valuation at €230,000 and a consistent yield of 5.1% make it a reasonable option for family rental dynamics. Short-term vacation rental Given that this property is priced fairly but not competitively in the vacation rental market, it would unlikely achieve the earnings necessary to justify short-term investments. The suburban location, while safe, lacks the urban excitement needed to draw short-term visitors effectively. Luxury market This property does not align with luxury market demands, especially given its fair pricing above average but limited upscale appeal within Paranhos, Porto. The moderate condition rating and neighbourhood scores suggest it caters more suitably to average renters rather than affluent clients looking for luxury accommodations.
Economic downturn risk With an economic stability score of 70/100, there is a moderate risk that economic fluctuations could impact tenant demand and rental income adversely.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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