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 60 m², energy rating C. Located Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória parish, Porto municipality, Porto district. Noteworthy Features: This apartment features high ceilings with intricate moldings, enhancing the historical charm of the space while allowing for ample natural light throughout.
The valuation. The asking price of €299,000 is significantly above the fair value of €224,731, making this property overpriced by €74,269 (24.8%). This valuation suggests that buyers should approach with caution. Buy-to-flip angle. With a buy-to-flip strategy, investors could consider renovating the apartment to modernize and enhance its appeal, allowing for a potential resale at a higher price point. However, given the current asking price, significant profits may be difficult to achieve. Buy-to-let angle. The estimated rental income of €947/month yields a gross yield of 3.8%, making it a viable long-term rental option in a neighborhood with stable demand. Given Porto’s economic and tourism influence, the investment could attract professional tenants effectively.
Fair value modelled at €224,731 from the area baseline, adjusted for condition and location. Asking €299,000 sits €74,269 (24.8%) above — overpriced versus fair value.
Asking €299,000 versus the Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória, Porto, Porto area baseline of €196,920 (€3,282/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 (Condition 78 · Materials 82 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 79/100 (Housing Market 80 · Amenities 80 · Economic 80 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória, Porto, Porto
Area baseline €196,920 + condition +€4,969 + location +€22,843 = modelled fair value of €224,731 (€3,746/m²), a €74,269 (24.8%) gap versus the €299,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · 49b68b | Subject | €299,000 | €4,983 | — | 78 | 79 |
| Bonfim · 41ffb0 | Active | €305,000 | €3,389 | 32.0% | 75 | 75 |
| rua Visconde das Devesas, 20 | Active | €248,500 | €3,550 | 28.8% | 85 | 73 |
| São Mamede de Infesta e Senhora da Hora · 0dce92 | Active | €213,900 | €3,753 | 24.7% | 72 | 71 |
| rua de Dom João IV, 588 | Active | €273,000 | €4,200 | 15.7% | 85 | 81 |
| Median comp | €260,750 | €3,652 | 26.7% | 80 | 74 |
Long-term rental The 1-bed apartment in Cedofeita is priced at €299,000, exceeding the fair value of €224,731 by 24.8%, indicating it is overpriced. Despite a decent gross yield of 3.8%, the property does not present a financially sound long-term investment due to elevated initial costs. Student housing While the demand for student housing in Porto is high, the 1-bed apartment at €299,000 is overpriced compared to its fair value of €224,731, creating potential risk for investors. With a gross yield of 3.8%, the returns may not justify the steep purchase price for accommodating financially constrained students. Buy-and-hold The current listing price of €299,000 for the property in Cedofeita does not align with its fair value of €224,731, branding it as overpriced. Consequently, the suggested 3.8% yield may not provide adequate returns for a sustainable buy-and-hold investment strategy, given the high entry cost.
Tenant turnover risk High tenant turnover may occur due to the tenant stability score of 75/100, indicating potential challenges in maintaining consistent rental income.