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 63 m². Located Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória parish, Porto municipality, Porto district. Noteworthy Features: This apartment boasts a private parking space, a rare asset in the bustling city center, and features modern finishes that enhance its appeal and functionality.
The valuation. The asking price of €295,000 is significantly above the fair value of €232,051, indicating a discrepancy of €62,949 (21.3%). This property is overpriced in today's market, warranting cautious consideration from potential buyers.
Fair value modelled at €232,051 from the area baseline, adjusted for condition and location. Asking €295,000 sits €62,949 (21.3%) above — overpriced versus fair value.
Asking €295,000 versus the Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória, Porto, Porto area baseline of €230,517 (€3,659/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 (Condition 75 · Materials 71 · Room dimensions 77). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 82/100 (Housing Market 80 · Amenities 85 · Economic 85 · Tenant Quality 80). Strong amenities and housing-market momentum support a premium to baseline.
Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória, Porto, Porto
Area baseline €230,517 + condition -€1,181 + location +€26,466 = modelled fair value of €232,051 (€3,683/m²), a €62,949 (21.3%) gap versus the €295,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · 735472 | Subject | €295,000 | €4,683 | — | 75 | 82 |
| Santa Marinha e São Pedro da Afurada · 82c871 | Active | €320,000 | €3,333 | 28.8% | 76 | 76 |
| Santa Marinha e São Pedro da Afurada · 49b65f | Active | €312,000 | €2,971 | 36.5% | 75 | 73 |
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · 023a6c | Active | €390,000 | €4,756 | 1.6% | 80 | 74 |
| rua Manuel Moreira Barros, 618 | Active | €390,000 | €3,545 | 24.3% | 77 | 74 |
| Median comp | €355,000 | €3,439 | 26.6% | 77 | 74 |
Long-term rental The property is currently overpriced at €295,000, reflecting a 21.3% gap compared to its fair value of €232,051. With a gross yield of 4.5%, the financial return may not justify the elevated purchase price in a competitive rental market. Family rental This 2-bed apartment is listed above its fair value, which could deter families seeking affordable housing options in the Cedofeita neighborhood. Considering the solid neighborhood score of 82/100, the pricing may be misaligned with family tenant expectations. Student housing Despite its appealing neighborhood rating for student demographics, the property's price of €295,000 suggests it is overpriced against a fair value of €232,051. The projected yield of 4.5% may not be compelling enough to attract budget-conscious students in an already competitive rental environment.
Tenant turnover risk High tenant turnover could negatively impact cash flow, especially with a tenant stability score of 80/100, indicating potential volatility in rental income.
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