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, 1-bathroom apartment of 90 m², built in 2025, energy rating D. Located on rua de Cedofeita, Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória parish, Porto municipality, Porto district. Noteworthy Features: This apartment's preservation of original wooden framing and ceilings enhances its historic charm, while the active local accommodation license ensures immediate rental income potential.
The valuation. The asking price of €567,063 is significantly above the fair value of €340,220, making this property overpriced by €226,843 (40.0%). Buy-to-flip angle. A flip strategy would require substantial renovations to appeal to buyers, but with the current asking price, potential profit margins are limited. Buy-to-let angle. With an estimated gross yield of 2.9% (~€1,370/month), the rental income strategy may not yield a strong return, given the high asking price and local market conditions.
Fair value modelled at €340,220 from the area baseline, adjusted for condition and location. Asking €567,063 sits €226,843 (40.0%) above — overpriced versus fair value.
Asking €567,063 versus the rua de Cedofeita area baseline of €295,380 (€3,282/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 (Condition 76 · Materials 82 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 82/100 (Housing Market 80 · Amenities 85 · Economic 90 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua de Cedofeita
Area baseline €295,380 + condition +€7,031 + location +€37,809 = modelled fair value of €340,220 (€3,780/m²), a €226,843 (40.0%) gap versus the €567,063 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua de Cedofeita | Subject | €567,063 | €6,301 | — | 76 | 82 |
| rua de Cedofeita | Active | €292,373 | €5,733 | 9.0% | 75 | 79 |
| rua de Cedofeita | Active | €414,000 | €5,914 | 6.1% | 73 | 80 |
| rua dos Vanzeleres, 400 | Active | €420,000 | €6,087 | 3.4% | 80 | 75 |
| rua de Santa Catarina | Active | €260,000 | €6,047 | 4.0% | 80 | 80 |
| Median comp | €353,187 | €5,981 | 5.1% | 78 | 80 |
Long-term rental The property in Cedofeita has a gross yield of 2.9%, which is below industry standards for the area, indicating it is not an optimal choice for long-term rental investments. With a fair value of €340,220 compared to a listing price of €567,063, the apartment is overpriced, making it unlikely to yield satisfactory returns in the long term. Short-term vacation rental Despite Porto's thriving tourism scene, the property’s high price leads to an insufficient return on investment for short-term vacation rental strategies, primarily due to its 2.9% gross yield. The significant gap of 40% from fair value suggests that potential revenues would not justify the elevated costs associated with this purchase. Buy-and-hold Acquiring this apartment for a buy-and-hold strategy appears unwise, as it is priced 40% above its fair value, thus limiting the potential for equity growth over time. Given that the yield stands at only 2.9%, it raises concerns about long-term profitability in the face of such a premium valuation.
Tenant turnover risk The tenant stability score of 75/100 indicates a potential for higher turnover rates, which could lead to increased vacancy periods and associated costs.
