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 175 m² on the 10th floor, built in 1981, energy rating C. Located on rua Damião de Góis, Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória parish, Porto municipality, Porto district. Noteworthy Feature: This apartment boasts a cozy fireplace in the living room, enhancing its vintage charm while providing a warm atmosphere during cooler months.
The valuation. The asking price of €550,000 sits €119,801 (21.8%) below the fair value of €669,801, indicating that the property is subvalued and presents an attractive investment opportunity. Buy-to-flip angle. By leveraging the current undervaluation, a resale strategy could yield a quick return on investment by renovating and marketing the apartment at a price closer to its fair value. Buy-to-let angle. With an estimated monthly rental income of €1,650, the property offers a gross yield of 3.6%, making it a viable option for long-term rental or family accommodation.
Fair value modelled at €669,801 from the area baseline, adjusted for condition and location. Asking €550,000 sits €119,801 (21.8%) below — the upside to fair value.
Asking €550,000 versus the rua Damião de Góis area baseline of €640,325 (€3,659/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 74 · Materials 80 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 90/100 (Housing Market 90 · Amenities 90 · Economic 90 · Tenant Quality 90). Strong amenities and housing-market momentum support a premium to baseline.
rua Damião de Góis
Area baseline €640,325 + condition +€3,555 + location +€91,896 = modelled fair value of €669,801 (€3,827/m²), a €119,801 (21.8%) gap versus the €550,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Damião de Góis | Subject | €550,000 | €3,143 | — | 74 | 90 |
| parque da Prelada | Active | €289,000 | €2,276 | 27.6% | 73 | 71 |
| rua do Conde de Vilas Boas | Active | €375,000 | €2,885 | 8.2% | 74 | 76 |
| rua Nova do Seixo | Active | €425,000 | €2,471 | 21.4% | 78 | 65 |
| Campanhã · 93761a | Active | €435,000 | €2,939 | 6.5% | 82 | 77 |
| Median comp | €400,000 | €2,678 | 14.8% | 76 | 74 |
Long-term rental The property is well-situated in a desirable urban area of Porto, making it a strong candidate for consistent long-term rental demand. With a fair value of €669,801, the current listing at €550,000 offers a significant opportunity that reflects a 21.8% gap compared to fair value. Buy-and-hold Given its prime location and high-quality amenities, this apartment represents a solid buy-and-hold investment strategy that capitalizes on potential property appreciation over time. With the current pricing, the investment shows potential for attractive returns and enhanced value as the Porto market continues to develop. Family rental This spacious 2-bed apartment is ideal for family rentals due to its central location and excellent condition rating of 76/100. The combination of a 3.6% gross yield and the property being classified as subvalorizada makes it an appealing rental option for families seeking stability in a vibrant urban setting.
Economic downturn risk The property, despite high economic stability at 90/100, may be vulnerable to unforeseen economic downturns that could affect rental income or property value despite current favorable conditions.
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