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, 2-bathroom apartment of 77 m², built in 1987. Located on rua Doctor Alves de Veiga, Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória parish, Porto municipality, Porto district. Noteworthy Features: This top-floor apartment boasts a charming east-facing terrace perfect for sunrise views, and has been recently upgraded with improved window frames for enhanced insulation.
The valuation. The asking price of €299,000 significantly exceeds its fair value of €251,685 by €47,315 (15.8%). Thus, it is considered overpriced in the current market.
Fair value modelled at €251,685 from the area baseline, adjusted for condition and location. Asking €299,000 sits €47,315 (15.8%) above — overpriced versus fair value.
Asking €299,000 versus the rua Doctor Alves de Veiga area baseline of €252,714 (€3,282/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 52/100 (Condition 61 · Materials 55 · Room dimensions 50). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 76/100 (Housing Market 80 · Amenities 80 · Economic 85 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Doctor Alves de Veiga
Area baseline €252,714 + condition -€27,311 + location +€26,282 = modelled fair value of €251,685 (€3,269/m²), a €47,315 (15.8%) gap versus the €299,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Doctor Alves de Veiga | Subject | €299,000 | €3,883 | — | 61 | 76 |
| rua de Santa Catarina, 345 | Active | €390,000 | €4,699 | 21.0% | 58 | 74 |
| largo Alberto Pimentel | Active | €265,000 | €4,818 | 24.1% | 42 | 79 |
| rua Pádua Correia | Active | €249,500 | €3,006 | 22.6% | 67 | 73 |
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · 02382e | Active | €375,000 | €3,750 | 3.4% | — | 78 |
| Median comp | €320,000 | €4,225 | 8.8% | 58 | 76 |
Long-term rental This property is overpriced at €299,000, exceeding the fair value of €251,685 by 15.8%. While the central Porto location supports demand, the gross yield of 4.3% does not compensate for the premium price point. Buy-and-hold The investment trajectory for this apartment is compromised due to its overpriced status, as it stands at 15.8% above fair value. Given the current price, the potential for appreciation is diminished despite the decent location and neighborhood score. Short-term vacation rental With the property marked as overpriced, the 15.8% gap from fair value makes it a less attractive option for a short-term vacation rental investment. The expected yield of 4.3% is insufficient to justify the high entry cost in a competitive market. Not ideal for: The apartment's pricing does not position it well for the luxury market or student housing, further limiting its appeal. Its current valuation does not align with delivering optimal returns in these sectors.
Tenant turnover risk The tenant stability score of 70/100 indicates a moderate risk of tenant turnover, potentially affecting cash flow consistency and occupancy rates.
