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, 2-bathroom apartment of 93 m², built in 1998, energy rating C. Located on rua Cegonhas, 79, Ramalde parish, Porto municipality, Porto district. Noteworthy Features: This apartment is part of a gated community that includes exclusive amenities such as a private garden, a condo room for events, and a tennis court.
The valuation. The asking price of €340,000 is significantly above fair value, which is estimated at €242,167. At a €97,833 difference (28.8%), this property can be considered overpriced.
Fair value modelled at €242,167 from the area baseline, adjusted for condition and location. Asking €340,000 sits €97,833 (28.8%) above — overpriced versus fair value.
Asking €340,000 versus the rua Cegonhas, 79 area baseline of €325,500 (€3,500/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 (Condition 72 · Materials 75 · Room dimensions 78). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 66/100 (Housing Market 65 · Amenities 60 · Economic 70 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua Cegonhas, 79
Area baseline €325,500 + condition -€1,453 + location +€14,654 = modelled fair value of €242,167 (€2,604/m²), a €97,833 (28.8%) gap versus the €340,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Cegonhas, 79 | Subject | €340,000 | €3,656 | — | 72 | 66 |
| avenida Doutor Salgado Zenha, 371 | Active | €350,000 | €3,211 | 12.2% | 75 | 68 |
| rua Monserrate, 63 | Active | €364,900 | €2,919 | 20.2% | 76 | 64 |
| urbanização Vila Universitária Hospital São João | Active | €385,000 | €3,598 | 1.6% | 78 | 72 |
| Custóias, Leça do Balio e Guifões · 4b96c4 | Active | €360,000 | €2,927 | 19.9% | 73 | 77 |
| Median comp | €362,450 | €3,069 | 16.1% | 76 | 70 |
Long-term rental The 2-bed apartment in Ramalde is overpriced, listed at €340,000 which is 28.8% above its fair value of €242,167. With a gross yield of only 3.9%, potential long-term investors may find better opportunities elsewhere, given the added cost. Family rental As a family rental option, this property is also overpriced, as its asking price exceeds the fair value by 28.8%. Families seeking suburban living might prefer properties that offer more competitive pricing and better conditions than the current 74/100 rating indicates. Buy-and-hold Investing in this apartment as a buy-and-hold strategy seems less favorable due to its overvaluation at €340,000, which surpasses the fair value of €242,167 by 28.8%. A lower entry price is crucial for long-term appreciation, making this property less attractive for a buy-and-hold approach.
Tenant turnover risk With a tenant stability score of 65/100, there is an increased risk of frequent tenant turnover, which could lead to higher vacancy rates and associated costs.
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