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_building of 301 m². Located on rua de Santa Teresa, 24, Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória parish, Porto municipality, Porto district. Noteworthy Features: The property is in a prime location for redevelopment, with an approved expansion project that includes commercial space and additional residential units, potentially increasing its investment value significantly.
The valuation. The asking price of €900,000 is €65,132 (7.2%) above the fair value of €834,868, indicating that the property is overpriced.
Fair value modelled at €834,868 from the area baseline, adjusted for condition and location. Asking €900,000 sits €65,132 (7.2%) above — overpriced versus fair value.
Asking €900,000 versus the rua de Santa Teresa, 24 area baseline of €1,101,359 (€3,659/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 18/100 (Condition 13 · Materials 15 · Room dimensions 27). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 79/100 (Housing Market 80 · Amenities 85 · Economic 80 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua de Santa Teresa, 24
Area baseline €1,101,359 + condition -€267,608 + location +€114,594 = modelled fair value of €834,868 (€2,774/m²), a €65,132 (7.2%) gap versus the €900,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua de Santa Teresa, 24 | Subject | €900,000 | €2,990 | — | 13 | 79 |
| rua da Porta do Sol | Active | €920,000 | €2,312 | 22.7% | 20 | 81 |
| rua de Costa Cabral | Active | €600,000 | €1,220 | 59.2% | 38 | 73 |
| rua do Almada, 477 | Active | €785,000 | €2,343 | 21.6% | — | 79 |
| rua de Belomonte, 38 | Active | €600,000 | €2,985 | 0.2% | — | 71 |
| Median comp | €692,500 | €2,328 | 22.2% | 29 | 76 |
Long-term rental: The property's current pricing at €900,000 exceeds its fair value of €834,868, indicating a significant overvaluation. With a yield of 0%, this strategy appears unviable due to the financial return expectations in the long-term rental market. Student housing: While the central location in Porto is appealing, the 7.2% gap from fair value suggests that this investment is overpriced for potential student accommodation. The lack of yield further complicates the viability of this strategy. Buy-and-hold: Investing in this property for a buy-and-hold strategy is unfavorable given its condition rating of 18/100 and the fact that it's overpriced at €900,000. The expected high costs of refurbishing could diminish future returns and long-term appreciation. Short-term vacation rental: This property is not suitable for a short-term vacation rental, especially considering the 0% gross yield and overpriced nature of the listing. The lack of return potential combined with high costs makes this strategy impractical.
Economic Fluctuation Risk The economic stability score of 80 suggests that the area is relatively stable, but a tenant stability score of 70 indicates that there may be potential fluctuations in tenant retention, which could impact rental income consistency.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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