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 163 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 property boasts excellent income potential with combined annual gross revenues of approximately €82,000 from local accommodation, ensuring a lucrative investment opportunity in Porto's historic center.
The valuation. The asking price of €828,000 is significantly above the fair value of €615,257, indicating an overvaluation of €212,743 (25.7%). This property is overpriced and may not attract prospective buyers at this price point.
Fair value modelled at €615,257 from the area baseline, adjusted for condition and location. Asking €828,000 sits €212,743 (25.7%) above — overpriced versus fair value.
Asking €828,000 versus the rua de Trás, 29 area baseline of €579,791 (€3,557/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 84/100 (Condition 83 · Materials 88 · Room dimensions 84). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 78/100 (Housing Market 90 · Amenities 80 · Economic 85 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua de Trás, 29
Area baseline €579,791 + condition +€20,375 + location +€59,916 = modelled fair value of €615,257 (€3,775/m²), a €212,743 (25.7%) gap versus the €828,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua de Trás, 29 | Subject | €828,000 | €5,080 | — | 83 | 78 |
| Santa Marinha e São Pedro da Afurada · 25f66d | Active | €380,000 | €3,248 | 36.1% | 78 | 81 |
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · ac9922 | Active | €670,000 | €5,234 | 3.0% | 80 | 77 |
| avenida da República | Active | €585,480 | €3,424 | 32.6% | 90 | 74 |
| rua Carlos Malheiro Dias, 199 | Active | €650,000 | €3,824 | 24.7% | 78 | 72 |
| Median comp | €617,740 | €3,624 | 28.7% | 79 | 76 |
Long-term rental The property, listed at €828,000, is overpriced compared to its fair value of €615,257, resulting in a significant 25.7% gap that diminishes long-term rental viability. Despite its reasonable yield of 3.5%, the price point is too high to ensure sustainable profitability in a stable market. Student housing Given the excessive listing price of €828,000 versus a fair value of €615,257, this property presents challenges for student housing opportunities due to its lack of affordability. The current yield of 3.5% does not justify the investment in a competitive rental market catering to students. Buy-and-hold With a current listing of €828,000 over its fair value of €615,257, the buy-and-hold strategy faces economic strain, as the return potential may not meet investor expectations. While the property is in decent condition and located in a desirable neighborhood, the pricing fails to support long-term growth in investment value.
Tenant turnover risk High tenant turnover (Tenant stability score of 65/100) could lead to increased vacancy costs and unpredictable rental income.
