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.
2-bedroom, 2-bathroom apartment of 132 m², built in 2018. Located Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória parish, Porto municipality, Porto district. This apartment features a premium active Local Accommodation license, ensuring immediate profitability and attracting high-end tourists seeking luxury stays in the heart of Porto.
The valuation. The asking price of €590,000 is significantly above the fair value of €491,728, indicating the property is overpriced by €98,272 (16.7%). This discrepancy suggests potential buyers should approach with caution and conduct thorough due diligence.
Fair value modelled at €491,728 from the area baseline, adjusted for condition and location. Asking €590,000 sits €98,272 (16.7%) above — overpriced versus fair value.
Asking €590,000 versus the Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória, Porto, Porto area baseline of €433,224 (€3,282/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 (Condition 76 · Materials 82 · Room dimensions 79). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 79/100 (Housing Market 90 · 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 €433,224 + condition +€8,250 + location +€50,254 = modelled fair value of €491,728 (€3,725/m²), a €98,272 (16.7%) gap versus the €590,000 asking price.
Long-term rental The property in Cedofeita is currently overpriced by 16.7% against its fair value of €491,728, which diminishes its appeal for long-term rental investment. With a gross yield of only 3.1%, the financial return expectations are not compelling given the current pricing. Short-term vacation rental As the property is listed at €590,000, it is significantly above its fair market value, making it less attractive in the short-term vacation rental sector. The 3.1% gross yield suggests that capitalizing on transient occupancy may not yield sufficient financial rewards, especially in a competitive market. Buy-and-hold Despite the central location in Porto, the property is overpriced by 16.7%, indicating inadequate room for appreciation in the buy-and-hold strategy. A long-term investment in this property may lead to lower returns as the price does not align with its fair value of €491,728. Not ideal for The property is not suited for agricultural development, remote retreats, or industrial purposes due to its urban setting in Cedofeita. The current valuation does not reflect the specialized needs for these types of properties.
Tenant turnover risk A tenant stability score of 75/100 indicates a potential for higher tenant turnover, which could lead to increased vacancy rates and associated costs.
