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 150 m² on the 3rd floor, built in 1993, energy rating D. Located on travessa do Veloso, Paranhos parish, Porto municipality, Porto district. Noteworthy Features: This apartment includes a closed garage for two cars and multiple balconies, providing both security and outdoor relaxation space in a prime urban location.
The valuation. The asking price of €425,000 sits €28,592 (7.2%) above the fair value of €396,408. This property is fairly valued based on current market conditions.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| travessa do Veloso | Subject | €425,000 | €2,833 | — | — | 70 |
| Paranhos · 49b880 | Active | €275,000 | €2,750 | 2.9% | 70 | 69 |
| rua de Costa Cabral | Active | €295,000 | €2,634 | 7.0% | 62 | 73 |
| rua das Artes | Active | €279,900 | €2,744 | 3.1% | 72 | 75 |
| rua de Santos Pousada | Active | €350,000 | €2,652 | 6.4% | 68 | 71 |
| Median comp | €287,450 | €2,698 | 4.8% | 69 | 72 |
Long-term rental The property presents a gross yield of 3.9%, suggesting it could provide a moderate income stream as a long-term rental investment. Despite being priced fairly, investors should be aware of the condition rating of 0/100, indicating potential renovation costs that could impact overall yield. Family rental In a family-friendly neighborhood with a score of 70/100, this 3-bed apartment aligns well with the demand for long-term family rentals, providing stability in tenant quality. While priced at €425,000, higher than its fair value, it still serves as a suitable option for families seeking proximity to Porto's amenities. Buy-and-hold As a buy-and-hold property, its fair valuation at €425,000 suggests that it may appreciate steadily over time, particularly given its favorable location near Porto. However, the significant renovation needs indicated by its condition score of 0/100 may present challenges to long-term value growth and cash flow.
Tenant turnover risk: With a tenant stability score of 65/100, there is a heightened risk of vacancy and associated costs due to potential frequent tenant turnover.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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