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.
0-bedroom, 0-bathroom apartment_building of 1212 m², energy rating C. Located Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória parish, Porto municipality, Porto district. Noteworthy Features: The building's approved PIP allows for the creation of up to 17 residential units, appealing to the strong demand for housing in Cedofeita, Porto.
The valuation. The asking price of €1,500,000 is significantly below the fair value of €3,741,156, indicating an opportunity as the property is underpriced by €2,241,156 (149.4%). Buy-to-flip angle. A potential resale strategy involves acquiring the property, renovating it to improve its dated condition, and then listing it at a higher price to capitalize on the city's growing market demand. Buy-to-let angle. With an estimated gross yield of 0%, the focus should be on long-term rental opportunities, maximizing cash flow by refurbishing units to attract higher-paying tenants in Porto’s growing urban landscape.
Fair value modelled at €3,741,156 from the area baseline, adjusted for condition and location. Asking €1,500,000 sits €2,241,156 (149.4%) below — the upside to fair value.
Asking €1,500,000 versus the Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória, Porto, Porto area baseline of €4,434,708 (€3,659/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 42/100 (Condition 38 · Materials 45 · Room dimensions 50). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 75/100 (Housing Market 80 · Amenities 80 · Economic 80 · Tenant Quality 68). Strong amenities and housing-market momentum support a premium to baseline.
Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória, Porto, Porto
Area baseline €4,434,708 + condition -€634,406 + location +€397,778 = modelled fair value of €3,741,156 (€3,087/m²), a €2,241,156 (149.4%) gap versus the €1,500,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · c1f1f7 | Subject | €1,500,000 | €1,238 | — | 38 | 75 |
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · 52305e | Active | €1,000,000 | €2,110 | 70.5% | 40 | 76 |
| rua de Santa Catarina | Active | €1,450,000 | €1,838 | 48.5% | — | 75 |
| rua de Cimo de Vila | Active | €450,000 | €1,452 | 17.3% | — | 78 |
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · 8d9f7e | Active | €450,000 | €1,226 | 0.9% | — | 67 |
| Median comp | €725,000 | €1,645 | 32.9% | 40 | 76 |
Long-term rental The property offers a significant gap of 149.4% compared to its fair value of €3,741,156, indicating potential for a solid long-term investment. With the neighbourhood rating at 75/100, it is likely to attract stable tenants, ensuring sustained rental income. Buy-and-hold Acquiring this apartment building at €1,500,000 presents a strategic opportunity for long-term wealth accumulation, especially given the sizeable fair value margin. The diverse economy of Porto makes this property a promising asset for appreciation over time. Value-add renovation Investing in renovations could significantly increase property value and rental potential, especially with the current condition rated at only 42/100. This strategy stands to realize the substantial fair value of €3,741,156 through targeted improvements, maximizing future returns and tenant appeal.
Tenant turnover risk The tenant stability score of 68/100 indicates a moderate likelihood of tenant turnover, which could result in increased vacancy rates and associated costs.
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