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 duplex of 84 m², built in 2020, energy rating B. Located on largo da Lapa, 51, Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória parish, Porto municipality, Porto district. Noteworthy Features: The duplex offers a private garden with fruit trees and a terrace providing unobstructed views over Porto and the iconic Igreja da Lapa, enhancing outdoor living. Condition Notes: The blend of modern amenities and historical architecture creates a unique living experience.
The valuation. The asking price of €420,000 exceeds its fair value of €313,521 by €106,479, representing a 25.4% overvaluation. This property is deemed overpriced in the current market.
Fair value modelled at €313,521 from the area baseline, adjusted for condition and location. Asking €420,000 sits €106,479 (25.4%) above — overpriced versus fair value.
Asking €420,000 versus the largo da Lapa, 51 area baseline of €307,356 (€3,659/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 (Condition 77 · Materials 85 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 78/100 (Housing Market 80 · Amenities 75 · Economic 80 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
largo da Lapa, 51
Area baseline €307,356 + condition +€6,956 + location +€30,877 = modelled fair value of €313,521 (€3,732/m²), a €106,479 (25.4%) gap versus the €420,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| largo da Lapa, 51 | Subject | €420,000 | €5,000 | — | 77 | 78 |
| rua de Santa Catarina | Active | €385,000 | €4,873 | 2.5% | 80 | 77 |
| rua do Lugarinho | Active | €335,000 | €3,526 | 29.5% | 78 | 79 |
| rua do Lugarinho | Active | €335,000 | €3,526 | 29.5% | 80 | 74 |
| rua do Lugarinho | Active | €335,000 | €3,526 | 29.5% | 80 | 71 |
| Median comp | €335,000 | €3,526 | 29.5% | 80 | 76 |
Long-term rental The property, priced at €420,000, significantly exceeds its fair value of €313,521, indicating it is overpriced with a 25.4% gap. The gross yield of 3.4% further suggests that the long-term rental strategy may not provide adequate returns relative to the market conditions. Family rental While the duplex is situated in a neighborhood benefiting from suburban amenities and good tenant quality, the asking price of €420,000 is still 25.4% above the fair value of €313,521. This high price point diminishes its attractiveness as a family rental option despite the area’s favorable living conditions. Buy-and-hold Investing in this property as a buy-and-hold strategy is challenged by its current market price of €420,000, which exceeds the fair value of €313,521 by 25.4%. Given the lower gross yield of 3.4%, this strategy is less appealing amid rising valuations and may not yield sufficient appreciation over time.
Economic Downturn Risk The property, although having a strong economic stability score of 80/100, could face challenges if the economy dips, potentially affecting rental income and occupancy rates given the tenant stability score of 75/100.
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