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, 2-bathroom apartment of 91 m² on the 2nd floor, energy rating D. Located on rua de Monte Alegre, Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória parish, Porto municipality, Porto district. Noteworthy Features: The property includes a common patio accessible to residents, enhancing outdoor space in a bustling urban environment along with well-maintained modern finishes. Features distintivas: O imóvel inclui um pátio comum acessível aos residentes, aumentando o espaço exterior num ambiente urbano movimentado, juntamente com acabamentos modernos bem conservados.
The valuation. The asking price of €317,000 is €43,533 (15.9%) above the fair value of €273,467, making this property overpriced. Buy-to-flip angle. A buy-to-flip strategy would require substantial renovations to justify a significant markup for resale given the current asking price. Buy-to-let angle. The property presents a buy-to-let opportunity, but with a gross yield of 0%, rental income potential seems limited without further adjustments.
Fair value modelled at €273,467 from 6 comparable sales in the area. Asking €317,000 sits €43,533 (15.9%) above — overpriced versus fair value.
Asking €317,000 versus the rua de Monte Alegre area baseline of €244,281 (€2,684/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 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 €244,281, adjusted for condition and micro-location, gives a modelled fair value of €273,467 (€3,005/m²), a €43,533 (15.9%) gap versus the €317,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua de Monte Alegre | Subject | €317,000 | €3,484 | — | 73 | 75 |
| rua da Azenha | Active | €299,498 | €2,852 | 18.1% | 77 | 83 |
| Bonfim · 28bb74 | Active | €498,000 | €1,968 | 43.5% | 74 | 72 |
| rua Daniel Filipe, 64 | Active | €364,000 | €3,221 | 7.5% | 75 | 74 |
| rua do Amial | Active | €375,000 | €2,451 | 29.6% | 72 | 75 |
| Median comp | €369,500 | €2,652 | 23.9% | 75 | 75 |
Long-term rental This property, listed at €317,000, is overpriced compared to its fair value of €273,467, indicating a significant gap of 15.9% that diminishes its appeal for long-term rental investments. Given the zero gross yield and relatively average neighborhood conditions, prospective investors may find it challenging to justify this investment in a market that favors affordability. Family rental The property’s price point of €317,000, exceeding the fair value by 15.9%, suggests that it may not be the best choice for family rental opportunities, as the expected yields are non-existent. Moreover, while the neighborhood offers decent amenities and safety, the overall condition and pricing detract from its viability as a family-friendly rental asset. Buy-and-hold With a fair value established at €273,467 and the property listed at €317,000, the current price reflects an overvaluation of 15.9%, calling into question the long-term appreciation potential for buy-and-hold strategies. The lack of yield and the average condition of the property further complicates its attractiveness as a stable long-term investment.
Tenant default risk The tenant stability score of 70/100 indicates a higher likelihood of tenant turnover or defaults, which could impact cash flow and long-term financial returns from the property.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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