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 128 m² on the 4th floor, built in 1999, energy rating D. Located on rua da Boavista, 2, Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória parish, Porto municipality, Porto district. Noteworthy features: This apartment includes two designated parking spaces, providing invaluable convenience in a bustling urban center like Cedofeita, Porto.
The valuation. The asking price of €480,000 is slightly above the fair value of €468,595, marking a difference of €11,405 (2.4%). This positions the property fairly within the market's pricing dynamics. Buy-to-flip angle. The potential for quick resale could be pursued by capitalizing on Porto's urban development, targeting a profitable exit strategy in a rising market. Buy-to-let angle. With an estimated rental income of €1,480/month, the gross yield stands at 3.7%, making this property a viable investment for long-term rental strategies focused on families.
Fair value modelled at €468,595 from 6 comparable sales in the area. Asking €480,000 sits €11,405 (2.4%) above — overpriced versus fair value.
Asking €480,000 versus the rua da Boavista, 2 area baseline of €424,703 (€3,318/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 is above the parish average, lifting 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 €424,703, adjusted for condition and micro-location, gives a modelled fair value of €468,595 (€3,661/m²), a €11,405 (2.4%) gap versus the €480,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Boavista, 2 | Subject | €480,000 | €3,750 | — | 75 | 80 |
| alameda Jardins da Arrábida S / N | Active | €375,000 | €3,024 | 19.4% | 80 | 76 |
| rua de Pinto Mourão | Active | €379,900 | €3,618 | 3.5% | 75 | 79 |
| rua de Mota Pinto | Active | €780,000 | €3,900 | 4.0% | 75 | 71 |
| Ramalde · 23f2c0 | Active | €380,000 | €2,901 | 22.6% | 75 | 74 |
| Median comp | €379,950 | €3,321 | 11.4% | 75 | 75 |
Long-term rental This property offers a gross yield of 3.7%, which suggests a stable return aligned with the market expectations for the area. The neighborhood's amenities and tenant quality further support the potential for consistent long-term rentals, despite the property being valued fairly. Buy-and-hold With current fair value estimated at €468,595 against a listing price of €480,000, the property represents a reasonable investment in a developing urban area. The growth potential in Porto's central area, combined with a solid gross yield, makes this a viable buy-and-hold opportunity in the medium to long term. Family rental Located in a neighborhood rated 80/100, this apartment is well-suited for family renters seeking urban convenience and amenities. Although the property is priced fairly, its size and location make it attractive to families who desire longer-term housing solutions in Porto.
Economic Volatility Risk The property may face potential income disruptions given an economic stability score of 80/100, indicating some level of vulnerability to economic fluctuations impacting tenant retention and rent collection.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
