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 52 m², built in 1982, energy rating D. Located on rua do Almada, Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória parish, Porto municipality, Porto district. This apartment boasts a prime location on Rua do Almada, just steps from Praça da República, ensuring residents enjoy vibrant city life and easy access to metro transport.
The valuation. The asking price of €338,000 is significantly above the fair value of €187,600, resulting in an overpriced situation of €150,400 (44.5%). This discrepancy should be a caution for investors seeking genuine value.
Fair value modelled at €187,600 from the area baseline, adjusted for condition and location. Asking €338,000 sits €150,400 (44.5%) above — overpriced versus fair value.
Asking €338,000 versus the rua do Almada area baseline of €170,664 (€3,282/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 76 · Materials 80 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 71/100 (Housing Market 75 · Amenities 70 · Economic 70 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua do Almada
Area baseline €170,664 + condition +€2,600 + location +€14,336 = modelled fair value of €187,600 (€3,608/m²), a €150,400 (44.5%) gap versus the €338,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Almada | Subject | €338,000 | €6,500 | — | 76 | 71 |
| praça da Alegria, 62 | Active | €267,500 | €4,693 | 27.8% | 75 | 74 |
| rua de Santa Catarina | Active | €260,000 | €6,047 | 7.0% | 80 | 80 |
| rua de Ramalho Ortigão, 145 | Active | €220,000 | €5,500 | 15.4% | 75 | 72 |
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · 99f3c6 | Active | €225,000 | €5,625 | 13.5% | 80 | 80 |
| Median comp | €242,500 | €5,563 | 14.4% | 78 | 77 |
Long-term rental The 1-bed apartment in Porto, priced at €338,000, presents a significant gap from its fair value of €187,600, indicating it is overpriced. With a gross yield of only 3.4%, this investment strategy may not yield adequate returns in the long-term rental market. Family rental Given its current listing price, this property is overpriced compared to its fair value, which could deter potential family renters seeking reasonable housing prices. Additionally, the neighborhood score of 71/100 may not justify the high price for families looking for affordable and accessible living options. Buy-and-hold Investing in this apartment as a buy-and-hold strategy is not advisable, as the current valuation exceeds its fair value by 44.5%, labeling it as overpriced. With a condition rating of 78/100, while reasonable, it doesn't sufficiently offset the inflated investment price in the long-term hold strategy.
Economic Vulnerability With both economic and tenant stability scores at 70/100, there is a moderate risk of fluctuations in the local economy potentially affecting occupancy rates and rental income over time.
