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.
1-bedroom, 1-bathroom apartment of 64 m², built in 1991, energy rating E. Located on rua da Areosa, 229, Paranhos parish, Porto municipality, Porto district. This apartment features two private balconies, enhancing outdoor living and providing additional natural light in the living spaces, a rare benefit for one-bedroom properties in the area.
The asking price of €260,000 is significantly above our assessed fair value of €185,000, indicating that this property is overpriced with a substantial €75,000 gap. The estimated gross rental yield for this apartment stands at 5.6%.
The asking price is above the fair value. The fair value is determined by a mix of the Transaction model, which uses real transaction data from 156 sales in the parish of Paranhos, and the Adjusted asking-price model, based on current listings. This combination applies a conservative adjustment for necessary works, resulting in a fair value estimate of €185,000. The asking price of €260,000 is 29.0% above this fair value. Based on this analysis, the confidence level is high.
Gross yield 5.6% (before costs)
No specific strategy stands out for this property.
This property presents a significant discrepancy between its asking price of €260,000 and its fair value of €185,000, indicating a 29.0% downside versus the asking price. While the condition of the apartment scores 63/100 and the neighborhood are rated 50/100, potential investors should take into account these factors as they assess the overall value proposition against the premium asking price. The high-confidence assessment highlights the importance of being cautious in evaluating whether the investment aligns with personal financial goals.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The property has both economic and tenant stability scores at 50/100, indicating a potential risk of instability that could affect rental income and occupancy rates.
Grade AFindings: 0
Confirmed findings from our checks of this listing. They inform; they do not change the valuation.
No confirmed issues.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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