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.
0-bedroom, 0-bathroom apartment of 38 m², built in 1986. Located Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória parish, Porto municipality, Porto district. Noteworthy Features: This property benefits from a proven track record as a Local Accommodation, ensuring a consistent rental income stream in a highly desirable neighborhood of Porto.
The valuation. The asking price of €199,000 is €57,240 above the fair value of €141,760, indicating a significant overpricing of 28.8%. This suggests that investors should approach this listing with caution. Buy-to-flip angle. With an investment above fair value, a resale strategy would necessitate improvements to justify a higher price, making quick profits challenging in this market. Targeting a niche audience for renovations could offer potential upside. Buy-to-let angle. A gross yield of 5.3% suggests a monthly rent of approximately €879, aligning with the demand for rental properties in Porto’s urban area. Long-term rental or student housing strategies could provide stable cash flow despite the initial cost.
Fair value modelled at €141,760 from the area baseline, adjusted for condition and location. Asking €199,000 sits €57,240 (28.8%) above — overpriced versus fair value.
Asking €199,000 versus the Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória, Porto, Porto area baseline of €124,716 (€3,282/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 (Condition 75 · Materials 80 · Room dimensions 79). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 80/100 (Housing Market 80 · Amenities 85 · Economic 85 · 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 €124,716 + condition +€2,078 + location +€14,966 = modelled fair value of €141,760 (€3,731/m²), a €57,240 (28.8%) gap versus the €199,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · 261f78 | Subject | €199,000 | €5,237 | — | 75 | 80 |
| rua Duque de Loulé | Active | €210,000 | €4,565 | 12.8% | 75 | 80 |
| Lordelo do Ouro e Massarelos · dee49a | Active | €870,000 | €4,628 | 11.6% | 85 | 74 |
| rua Duque de Loulé | Active | €215,000 | €3,839 | 26.7% | 75 | 80 |
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · 262130 | Active | €240,000 | €4,898 | 6.5% | 70 | 73 |
| Median comp | €227,500 | €4,597 | 12.2% | 75 | 77 |
Buy-and-hold This property, listed at €199,000, is considered overpriced with a fair value of €141,760, creating a significant gap of 28.8%. Despite its decent yield of 5.3% and strong neighborhood ratings, the initial purchase price may limit long-term capital appreciation potential. Long-term rental With a fair value of €141,760 against a listing price of €199,000, this property is not positioned to perform well in the long-term rental market, being overpriced by approximately 28.8%. The yield of 5.3% appears appealing, but the high acquisition cost could lead to unfavorable cash flow in the long run. Student housing Priced at €199,000 and 28.8% above its fair value of €141,760, this property does not make for an ideal investment for student housing. While the strong neighborhood rating may attract tenants, the inflated purchase price risks eroding profit margins. Short-term vacation rental Not an ideal fit for short-term vacation rentals due to its overpriced status, with a significant gap of 28.8% compared to its fair value. The current market conditions indicate that such a high investment might not yield competitive returns in this segment.
Tenant turnover risk The tenant stability score of 75/100 indicates a likelihood of higher tenant turnover, which may lead to increased vacancy rates and associated costs.
