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.
3-bedroom, 3-bathroom apartment of 138 m² on the 1st floor, built in 2024, energy rating B. Located on rua de Ricardo Severo S / N, Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória parish, Porto municipality, Porto district. Noteworthy Feature: This apartment boasts a unique balcony with panoramic views of the iconic Rotunda da Boavista, enhancing the urban living experience and providing a stunning outdoor space.
The valuation. The asking price of €620,000 sits significantly above the fair value of €517,443, representing an overpricing of €102,557, or 16.5%. This indicates a valuation that may deter potential investors.
Fair value modelled at €517,443 from the area baseline, adjusted for condition and location. Asking €620,000 sits €102,557 (16.5%) above — overpriced versus fair value.
Asking €620,000 versus the rua de Ricardo Severo S / N area baseline of €504,942 (€3,659/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 (Condition 79 · Materials 84 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 78/100 (Housing Market 80 · Amenities 80 · Economic 80 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua de Ricardo Severo S / N
Area baseline €504,942 + condition +€13,800 + location +€50,727 = modelled fair value of €517,443 (€3,750/m²), a €102,557 (16.5%) gap versus the €620,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua de Ricardo Severo S / N | Subject | €620,000 | €4,493 | — | 79 | 78 |
| rua Carlos Malheiro Dias, 199 | Active | €650,000 | €3,824 | 14.9% | 78 | 72 |
| rua de Santo Isidro | Active | €415,000 | €3,294 | 26.7% | 80 | 78 |
| praça Velásquez | Active | €650,000 | €4,276 | 4.8% | 78 | 80 |
| rua Jorge Dias | Active | €560,000 | €3,011 | 33.0% | 80 | 68 |
| Median comp | €605,000 | €3,559 | 20.8% | 79 | 75 |
Long-term rental The property’s gross yield of 2.8% suggests that it may not provide an optimal return in a long-term rental strategy, especially given the gap of 16.5% above its fair value of €517,443. This overpricing can limit tenant appeal in a competitive rental market. Buy-and-hold Investing in this property as a buy-and-hold strategy is questionable due to its overpriced status and low yield of 2.8%, which may not justify the upfront investment. Additionally, the condition rating of 81/100, while decent, does not sufficiently compensate for the high entry price in the current market. Family rental Positioning this apartment for a family rental market is a challenging approach given its 16.5% overpricing relative to fair value, which can deter potential long-term tenants seeking affordability. The neighbourhood's good amenities may attract families, but the lead of high costs could overshadow this benefit.
Potential Tenant Turnover The tenant stability score of 70/100 indicates a moderate risk of tenant turnover that could lead to increased vacancy rates and potential loss of rental income.
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