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, 2-bathroom apartment of 107 m² on the 1st floor, built in 1977, energy rating E. Located Bonfim parish, Porto municipality, Porto district. Noteworthy Features: The apartment's two front orientation ensures ample natural light and ventilation throughout, enhancing its overall spaciousness and comfort. Additional Amenity: The independent, equipped kitchen includes a sunroom currently utilized as a laundry area.
The valuation. The asking price of €319,000 sits €35,271 (12.4%) above its fair value of €283,729, suggesting the property is overpriced. Investors should proceed with caution when evaluating this asset.
Fair value modelled at €283,729 from 6 comparable sales in the area. Asking €319,000 sits €35,271 (12.4%) above — overpriced versus fair value.
Asking €319,000 versus the Bonfim, Porto, Porto area baseline of €225,821 (€2,110/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 €225,821, adjusted for condition and micro-location, gives a modelled fair value of €283,729 (€2,652/m²), a €35,271 (12.4%) gap versus the €319,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Bonfim · 76b259 | Subject | €319,000 | €2,981 | — | 74 | 72 |
| rua da Azenha | Active | €299,498 | €2,852 | 4.3% | 77 | 83 |
| rua António Cândido | Active | €310,000 | €3,039 | 1.9% | — | 70 |
| rua José de Almada Negreiros | Active | €252,500 | €2,275 | 23.7% | 72 | 81 |
| rua do Amial | Active | €375,000 | €2,451 | 17.8% | 72 | 75 |
| Median comp | €304,749 | €2,652 | 11.1% | 72 | 78 |
Long-term rental This property, with a listing price of €319,000, is 12.4% above its fair value of €283,729, indicating it is overpriced. With a gross yield of 4.9%, the potential returns do not justify the elevated entry cost for long-term tenants in the Bonfim neighborhood. Buy-and-hold Investing in this 3-bed apartment is questionable due to its 12.4% gap from fair value, suggesting the property is overpriced at €319,000. Given a neighborhood quality rating of 72/100 and a fair yield of 4.9%, the long-term capital appreciation may not meet investor expectations. Family rental The property priced at €319,000 reflects a 12.4% premium over its fair valuation, marking it as overpriced for family tenants. Although it has a decent condition score of 76/100, the yield of 4.9% does not compensate for the higher investment cost in the current market context.
Tenant turnover risk With a tenant stability score of 65/100, there is a significant risk of higher tenant turnover, which could lead to increased vacancy rates and associated costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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