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, 3-bathroom apartment of 110 m², built in 2024, energy rating A. Located on rua do Almada, 559, Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória parish, Porto municipality, Porto district. This property features a charming mezzanine that enhances the spacious living area, along with a historically preserved exterior that reflects its 19th-century origins.
The valuation. The asking price of €620,000 is significantly above the fair value of €406,506, creating a disparity of €213,494 (34.4%). This property is therefore considered overpriced in the current market.
Fair value modelled at €406,506 from the area baseline, adjusted for condition and location. Asking €620,000 sits €213,494 (34.4%) above — overpriced versus fair value.
Asking €620,000 versus the rua do Almada, 559 area baseline of €391,270 (€3,557/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 (Condition 78 · Materials 84 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 74/100 (Housing Market 80 · Amenities 80 · Economic 75 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua do Almada, 559
Area baseline €391,270 + condition +€10,828 + location +€34,658 = modelled fair value of €406,506 (€3,696/m²), a €213,494 (34.4%) gap versus the €620,000 asking price.
Long-term rental The property is overpriced at €620,000, which is 34.4% above its fair value of €406,506, limiting potential returns. With a gross yield of only 2.9%, investing in long-term rental would likely underperform compared to other opportunities in Porto. Buy-and-hold Given the considerable gap between the listing price and fair value, this property does not make a strong buy-and-hold investment opportunity. The neighborhood score of 74/100 paired with an 81/100 condition rating indicates it may not appreciate as expected, especially at its current price point. Student housing Considering Porto's developed educational infrastructure, the property could appeal to students; however, its current overpriced status detracts from its attractiveness. The gross yield of 2.9% suggests that it would not generate sufficient returns to make it competitive against alternatives within the student housing market. Short-term vacation rental The property is not ideal for short-term vacation rentals due to its overpriced nature, making it difficult to justify the investment for such purposes. Moreover, the location's mix of residential and commercial may not favor the typical demand seen in short-term rentals, exacerbating the issue of overvaluation.
Economic Dependency Risk The combination of a 75/100 economic stability score and a 65/100 tenant stability score suggests potential vulnerability to economic downturns impacting rental demand, making tenant retention uncertain during adverse conditions.
