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 129 m², built in 2021, energy rating B. Located on rua da Ponte Nova, 13, Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória parish, Porto municipality, Porto district. Noteworthy Features: This apartment boasts a charming blend of modern updates and original architectural details, situated in a fully rehabilitated building that preserves the historical essence of Porto. Additional Features: An elevator provides convenient access to all floors, enhancing the accessibility of the living space.
The valuation. The asking price of €670,000 sits significantly above fair value at €475,752, indicating the property is overpriced by €194,248 (29.0%). This disparity suggests cautious consideration for potential investors.
Fair value modelled at €475,752 from the area baseline, adjusted for condition and location. Asking €670,000 sits €194,248 (29.0%) above — overpriced versus fair value.
Asking €670,000 versus the rua da Ponte Nova, 13 area baseline of €423,378 (€3,282/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 83/100 (Condition 80 · Materials 85 · Room dimensions 82). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 72/100 (Housing Market 80 · Amenities 70 · Economic 75 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua da Ponte Nova, 13
Area baseline €423,378 + condition +€15,117 + location +€37,257 = modelled fair value of €475,752 (€3,688/m²), a €194,248 (29.0%) gap versus the €670,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Ponte Nova, 13 | Subject | €670,000 | €5,194 | — | 80 | 72 |
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · 4a80ac | Active | €670,000 | €5,194 | 0% | 82 | 76 |
| rua de Santo Isidro | Active | €415,000 | €3,294 | 36.6% | 80 | 78 |
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · ac9922 | Active | €670,000 | €5,234 | 0.8% | 80 | 77 |
| avenida Boavista | Active | €600,000 | €3,030 | 41.7% | 75 | 82 |
| Median comp | €635,000 | €4,244 | 18.3% | 80 | 78 |
Long-term rental The property's current price of €670,000 reflects a significant overpricing of 29% compared to its fair value of €475,752. With a gross yield of only 2.9%, this investment lacks attractive cash flow potential in the long-term rental market. Family rental At €670,000, this property is overpriced, making it a less favorable option for families seeking long-term rental accommodations. While the neighborhood offers decent amenities, the high price relative to fair value limits its appeal for family renters. Student housing Priced at €670,000, this property is overpriced and fails to deliver an enticing investment opportunity in the student housing market. The economic and amenity context of Porto may attract students, but the high purchase price undermines potential returns. Not ideal for: The property’s high listing price disqualifies it as a suitable short-term vacation rental or for entry into the luxury market due to poor yield prospects.
Economic and Tenant Instability Risk The combined scores of economic stability at 75 and tenant stability at 65 indicate a potential risk of fluctuations in rental income and property demand due to external economic factors and tenant turnover.
