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.
5-bedroom, 3-bathroom apartment of 230 m² on the 1st floor, energy rating D. Located on rua de Gonçalo Cristóvão, 128, Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória parish, Porto municipality, Porto district. Noteworthy Features: The property includes a balcony offering views of the city and is situated in a building with a freight elevator for convenience in moving larger items.
The valuation. The asking price of €490,000 sits €53,448 (9.8%) below the fair value of €543,448, indicating the property is subvalued and presents a strong buying opportunity. Buy-to-flip angle. The potential for a resale strategy lies in modernizing several areas of the property to enhance appeal, aiming for a profit margin above the current asking price. Buy-to-let angle. With an estimated gross yield of 6.4%, renting at approximately €2,613 per month aligns well with the family rental strategy in a desirable neighbourhood.
Fair value modelled at €543,448 from 6 comparable sales in the area. Asking €490,000 sits €53,448 (9.8%) below — the upside to fair value.
Asking €490,000 versus the rua de Gonçalo Cristóvão, 128 area baseline of €512,327 (€2,228/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 62/100 is below the parish average, reducing fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €512,327, adjusted for condition and micro-location, gives a modelled fair value of €543,448 (€2,363/m²), a €53,448 (9.8%) gap versus the €490,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua de Gonçalo Cristóvão, 128 | Subject | €490,000 | €2,130 | — | 55 | 78 |
| avenida Fernão Magalhães | Active | €700,000 | €1,923 | 9.7% | 69 | 75 |
| rua Gonçalo Cristóvão | Active | €695,000 | €2,872 | 34.8% | 54 | 74 |
| rua Pêro Vaz de Caminha | Active | €365,000 | €2,212 | 3.8% | 71 | 75 |
| praça da Republica In | Active | €435,000 | €2,071 | 2.8% | 58 | 69 |
| Median comp | €565,000 | €2,142 | 0.5% | 64 | 75 |
Long-term rental This 5-bed apartment in Porto, listed at €490,000, is underpriced compared to its fair value of €543,448, presenting a 9.8% gap. With a gross yield of 6.4% and a neighbourhood rating of 78/100, it is well-positioned for sustainable rental income. Buy-and-hold Investing in this property aligns with a buy-and-hold strategy due to its fair value upside and solid rental yield. Its location in a desirable neighbourhood enhances the potential for long-term appreciation. Family rental The spacious nature of this 5-bed apartment makes it an excellent candidate for family rental, particularly in an area with a strong neighbourhood rating of 78/100. As the property is underpriced, it could attract reliable tenants looking for quality living space in Porto.
Tenant turnover risk High tenant turnover could impact cash flow, especially with a tenant stability score of 75/100, potentially leading to increased vacancy rates and associated costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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