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, 1-bathroom apartment of 76 m², built in 2003. Located Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória parish, Porto municipality, Porto district. Noteworthy Features: This apartment boasts a large balcony perfect for enjoying outdoor space in the city, alongside a designated parking spot enhancing convenience for urban living.
The valuation. The asking price of €293,000 sits €29,954 (10.2%) above the fair value of €263,046, indicating that the property is overpriced relative to the market. Buy-to-flip angle. A resale strategy could involve making minimal cosmetic updates to enhance appeal and then listing for a higher price within a competitive timeframe. Buy-to-let angle. With an estimated gross yield of 4.4%, renting this apartment could generate around €1,074 per month, providing a steady income stream for a buy-and-hold investment.
Fair value modelled at €263,046 from the area baseline, adjusted for condition and location. Asking €293,000 sits €29,954 (10.2%) above — overpriced versus fair value.
Asking €293,000 versus the Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória, Porto, Porto area baseline of €270,332 (€3,557/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 (Condition 68 · Materials 65 · Room dimensions 68). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 74/100 (Housing Market 80 · Amenities 75 · Economic 80 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória, Porto, Porto
Area baseline €270,332 + condition -€10,331 + location +€23,945 = modelled fair value of €263,046 (€3,461/m²), a €29,954 (10.2%) gap versus the €293,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · 0242a8 | Subject | €293,000 | €3,855 | — | 68 | 74 |
| rua de Antero de Quental | Active | €225,000 | €4,500 | 16.7% | 68 | 80 |
| rua de Luís de Aguiar, 15 | Active | €265,000 | €3,786 | 1.8% | 72 | 73 |
| Mafamude e Vilar do Paraíso · 99f425 | Active | €230,000 | €3,382 | 12.3% | 72 | 71 |
| rua Cardeal Dom Américo, 211 | Active | €298,000 | €4,382 | 13.7% | 72 | 76 |
| Median comp | €247,500 | €4,084 | 5.9% | 72 | 75 |
Long-term rental The property is overpriced compared to its fair value by 10.2%, indicating a lack of intrinsic investment appeal for stable rental income. With a gross yield of 4.4% and a neighbourhood score of 74/100, the long-term rental prospects may not justify the premium pricing. Buy-and-hold Given that the property is listed at €293,000, significantly above the fair value of €263,046, it may lack the capital appreciation potential that typically supports a buy-and-hold strategy. While the central location of the unit offers certain benefits, the overpriced nature diminishes the overall investment rationale for long-term ownership. Short-term vacation rental The 10.2% gap versus fair value reveals that this property is overpriced, which could limit profitability in the competitive short-term rental market. Even with a decent neighbourhood rating and proximity to amenities, the elevated purchase price could hinder performance against comparable vacation rental options. Not ideal for: Value-add renovation The property’s condition rating of 66/100 suggests that it may require significant improvement, but with the current price being 10.2% above fair value, the financial metrics do not support a value-add strategy. Investing in renovations under such overpriced conditions could lead to suboptimal returns. Not ideal for: Student housing With the property priced at €293,000, the investment would not capitalize on the typically lower rental yields associated with student housing, especially since it is overpriced relative to its fair value. The combination of high purchase price and fluctuating demand in the student rental market makes this a risky strategy for this location.
Tenant turnover risk High tenant turnover risk is indicated by a Tenant Stability score of 60/100, suggesting potential instability in rental income and increased costs associated with finding new tenants.
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