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 73 m², built in 2018, energy rating B. Located on rua de Trás, 29, Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória parish, Porto municipality, Porto district. Noteworthy Features: The apartment includes an active Local Accommodation license, securing its status for both investment and residential use while yielding approximately €35,000 in annual gross revenue over the past two years.
The valuation. The asking price of €399,000 significantly exceeds the fair value of €272,945, representing an overpricing of €126,055 or 31.6%. This property is not a deal for potential investors given its inflated price. Buy-to-flip angle. A buy-to-flip strategy would be challenging due to the current asking price, as any resale would require significant market appreciation to realize a profit. Given the high valuation, this would not be a lucrative flipping opportunity. Buy-to-let angle. With an estimated gross yield of 3.4%, generating approximately €1,131 per month, renting this property could provide steady income. However, the asking price significantly limits potential profitability for long-term hold investors.
Fair value modelled at €272,945 from the area baseline, adjusted for condition and location. Asking €399,000 sits €126,055 (31.6%) above — overpriced versus fair value.
Asking €399,000 versus the rua de Trás, 29 area baseline of €239,586 (€3,282/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 75 · Materials 82 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx. Full condition report →
Neighbourhood score 81/100 (Housing Market 85 · Amenities 80 · Economic 80 · Tenant Quality 80). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
rua de Trás, 29
Area baseline €239,586 + condition +€3,650 + location +€29,709 = modelled fair value of €272,945 (€3,739/m²), a €126,055 (31.6%) gap versus the €399,000 asking price.
Long-term rental The property's current listing price of €399,000 exceeds its fair value of €272,945 by 31.6%, indicating that it is overpriced. With a gross yield of only 3.4%, long-term rental returns would not justify the high acquisition cost. Buy-and-hold While the location in urban Porto offers extensive amenities and economic activities, the 31.6% gap from fair value suggests that holding this asset would be financially disadvantageous. Investors may struggle to achieve positive returns over time with the current price point and yield. Family rental The property is located in a well-rated neighbourhood, yet its pricing at €399,000, which is 31.6% above fair value, diminishes its appeal for family rentals. As expenses may outweigh rental income, families may seek more affordable options in the area instead.
Potential economic downturn A slight decrease in economic conditions could impact tenant retention, especially in a market where both economic and tenant stability are at 80/100, indicating vulnerability to fluctuations.
