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 202 m² on the 3rd floor, built in 2001, energy rating B. Located on praça das Flores, Bonfim parish, Porto municipality, Porto district. This apartment boasts a modern kitchen equipped with high-end appliances and a dedicated storage area, enhancing both functionality and aesthetic appeal.
The valuation. The asking price of €475,000 exceeds the fair value of €371,918 by €103,082 (27.7%), indicating that the property is overpriced. This difference suggests that potential investors should approach with caution.
Fair value modelled at €371,918 from 4 comparable sales in the area. Asking €475,000 sits €103,082 (27.7%) above — overpriced versus fair value.
Asking €475,000 versus the praça das Flores area baseline of €266,156 (€1,318/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 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 €266,156, adjusted for condition and micro-location, gives a modelled fair value of €371,918 (€1,841/m²), a €103,082 (27.7%) gap versus the €475,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praça das Flores | Subject | €475,000 | €2,351 | — | 76 | 78 |
| rua Doutor Júlio Pires | Active | €320,000 | €1,882 | 20.0% | 76 | 69 |
| rua Ferreira dos Santos | Active | €405,000 | €1,709 | 27.3% | 75 | 73 |
| rua Professor Urbano de Moura | Active | €450,000 | €1,800 | 23.5% | 78 | 68 |
| avenida de Fernão de Magalhães | Active | €625,000 | €2,155 | 8.3% | 85 | 75 |
| Median comp | €427,500 | €1,841 | 21.7% | 77 | 71 |
Long-term rental The property in Bonfim, Porto, presents an annual yield of 4.4%, which may attract long-term tenants seeking a central location. However, with a fair value of €371,918 against the listing price of €475,000, the investment is deemed overpriced, limiting potential returns. Short-term vacation rental While the robust housing market in central Porto supports a thriving short-term rental sector, the significant gap of 27.7% between the listing and fair value suggests that this property is overpriced. High occupancy rates may not compensate for the elevated initial investment of €475,000 compared to its fair value. Buy-and-hold Investing in this Bonfim apartment as a buy-and-hold opportunity is challenged by its current listing price, which exceeds fair market value by 27.7%. The prudent investor may find better options, considering that the property is overpriced relative to its fair value of €371,918. Not ideal for: Value-add renovation Given the property’s current condition rating of 78/100 and the substantial markup over fair value, pursuing a value-add renovation strategy is not advisable. Any potential for improvement is eclipsed by the elevated price point. Not ideal for: Student housing Although Bonfim’s central location could attract students, the pricing at €475,000 makes it an unrealistic investment for this demographic. The property being overpriced precludes it from effectively serving as a student housing option.
Economic Dependence Risk The property is at risk due to a relatively high economic stability score of 80/100, which, while strong, indicates potential vulnerability to local economic fluctuations that could affect tenant retention with a lower tenant stability score of 75/100.
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