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 mix_use_building of 474 m², energy rating C. Located Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória parish, Porto municipality, Porto district. Noteworthy Features: The building's previously approved luxury apartment project underscores its potential for high appreciation, while its cluttered and functional space hints at significant renovation opportunities.
The valuation. The asking price of €1,000,000 sits significantly below the fair value of €1,495,270, representing a difference of €495,270 (49.5%). This property is considered underpriced in the current market. Buy-to-flip angle. The resale strategy focuses on enhancing the property to quickly attract buyers at a premium, leveraging its strategic location and potential for urban development. This could yield favorable profit margins upon resale. Buy-to-let angle. With a focus on long-term rental, this property allows for a steady income stream in a desirable urban area, despite the current gross yield being 0%. The family rental strategy targets stable tenants in a growing market.
Fair value modelled at €1,495,270 from the area baseline, adjusted for condition and location. Asking €1,000,000 sits €495,270 (49.5%) below — the upside to fair value.
Asking €1,000,000 versus the Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória, Porto, Porto area baseline of €1,555,668 (€3,282/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 45/100 (Condition 40 · Materials 50 · Room dimensions 45). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 76/100 (Housing Market 80 · Amenities 80 · Economic 75 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória, Porto, Porto
Area baseline €1,555,668 + condition -€222,188 + location +€161,789 = modelled fair value of €1,495,270 (€3,155/m²), a €495,270 (49.5%) gap versus the €1,000,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · 52305e | Subject | €1,000,000 | €2,110 | — | 40 | 76 |
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · c1f1f7 | Active | €1,500,000 | €1,238 | 41.3% | 38 | 75 |
| rua de Cimo de Vila | Active | €450,000 | €1,452 | 31.2% | — | 78 |
| rua de Santa Catarina | Active | €1,450,000 | €1,838 | 12.9% | — | 75 |
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · 8d9f7e | Active | €450,000 | €1,226 | 41.9% | — | 67 |
| Median comp | €950,000 | €1,345 | 36.2% | 38 | 75 |
Long-term rental The property in Cedofeita offers significant upside potential as it is currently listed at €1,000,000, which is 49.5% below its fair value of €1,495,270. With a robust neighborhood score of 76/100 and good proximity to Porto city center, it is well-positioned to attract reliable long-term tenants. Buy-and-hold This investment presents a compelling buy-and-hold opportunity due to its substantial fair value gap of 49.5%, indicating strong appreciation potential. Given the favorable neighborhood conditions and urban amenities, the property can facilitate stable asset growth over time. Family rental With its advantageous location and fair value indicating significant upside, this property could effectively serve the family rental market. The favorable neighborhood score indicates a demand for family-oriented accommodations, positioning the property well for consistent rental income streams.
Economic downturn risk The combination of a 75/100 economic stability score and a 65/100 tenant stability score suggests potential vulnerability to economic fluctuations that could impact rental income stability.