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 80 m², energy rating D. Located on praça Velásquez, Bonfim parish, Porto municipality, Porto district. This apartment features a spacious 23m² terrace with unobstructed views, enhancing outdoor living and entertaining possibilities in the vibrant location of Bonfim, Porto.
The valuation. The asking price of €275,000 is significantly above the fair value of €202,705, representing a markup of €72,295 (26.3%). This property is considered overpriced according to current market metrics.
Fair value modelled at €202,705 from the area baseline, adjusted for condition and location. Asking €275,000 sits €72,295 (26.3%) above — overpriced versus fair value.
Asking €275,000 versus the praça Velásquez area baseline of €267,920 (€3,349/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 (Condition 70 · Materials 68 · Room dimensions 67). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 73/100 (Housing Market 78 · Amenities 65 · Economic 76 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
praça Velásquez
Area baseline €267,920 + condition -€12,375 + location +€18,120 = modelled fair value of €202,705 (€2,534/m²), a €72,295 (26.3%) gap versus the €275,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praça Velásquez | Subject | €275,000 | €3,438 | — | 70 | 73 |
| Paranhos · 25f8f0 | Active | €285,000 | €3,654 | 6.3% | 76 | 63 |
| rua Aires de Ornelas | Active | €329,500 | €3,295 | 4.1% | 65 | 73 |
| rua Aires de Ornelas | Active | €329,500 | €3,295 | 4.1% | 70 | 75 |
| rua Aníbal Cunha, 84 | Active | €239,000 | €4,509 | 31.2% | 68 | 82 |
| Median comp | €307,250 | €3,475 | 1.1% | 69 | 74 |
Long-term rental The property is priced at €275,000, which is 26.3% above its fair value of €202,705, indicating it is overpriced. Furthermore, with a gross yield of 4.9% and average neighborhood conditions, long-term rental may not provide the returns necessary to justify the higher purchase price. Family rental At €275,000, this apartment is overpriced compared to its fair value of €202,705, placing it 26.3% above market expectations. While the neighborhood has access to schools, the inflated property price limits the potential for favorable family rental income. Student housing The listing price of €275,000 reflects a significant 26.3% premium over the fair value of €202,705, making the investment overpriced. Although the property is situated in an area with adequate amenities, the high cost may deter students looking for affordable housing options.
Tenant turnover risk High tenant turnover could impact rental income, as indicated by the Tenant Stability score of 70/100, suggesting potential instability in occupancy rates.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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