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.
1-bedroom, 2-bathroom apartment of 60 m², built in 2021, energy rating C. Located on rua da Corticeira, 8, Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória parish, Porto municipality, Porto district. Noteworthy Features: The apartment boasts a sophisticated Philips Hue smart lighting system and a private sauna, enhancing the luxury living experience with personalized atmosphere control.
The valuation. The asking price of €429,000 is significantly above the fair value of €360,971, indicating the property is overpriced by €68,029 (18.8%). This valuation discrepancy should be a crucial consideration for potential investors.
Fair value modelled at €360,971 from 6 comparable sales in the area. Asking €429,000 sits €68,029 (18.8%) above — overpriced versus fair value.
Asking €429,000 versus the rua da Corticeira, 8 area baseline of €357,559 (€5,959/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price below the wider parish average — a hyper-local discount distinct from the parish baseline.
Base gap of €357,559, adjusted for condition and micro-location, gives a modelled fair value of €360,971 (€6,016/m²), a €68,029 (18.8%) gap versus the €429,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Corticeira, 8 | Subject | €429,000 | €7,150 | — | 74 | 74 |
| Bonfim · 9375f4 | Active | €270,000 | €5,745 | 19.7% | 75 | 82 |
| rua Santa Catarina e a Igreja | Active | €350,000 | €9,211 | 28.8% | 75 | 76 |
| rua Luís de Camões S / N | Active | €239,000 | €6,459 | 9.7% | 80 | 71 |
| Bonfim · 6c7ae6 | Active | €205,000 | €5,125 | 28.3% | 74 | 76 |
| Median comp | €254,500 | €6,102 | 14.7% | 75 | 76 |
Long-term rental This 1-bed apartment in Porto is priced at €429,000, which represents an 18.8% gap versus its fair value of €360,971. With a gross yield of only 2.7%, it does not present an attractive long-term rental investment opportunity given the current market valuation. Buy-and-hold Investing in this property for a buy-and-hold strategy seems ill-advised at its current price point of €429,000, as it exceeds the fair value by 18.8%. Coupled with a low gross yield of 2.7%, the potential for capital appreciation is compromised. Family rental At a listing price of €429,000, this apartment is overpriced and calculates to a gross yield of just 2.7%, indicating it may not be suitable for family rental purposes. The apartment's condition rating of 77 and neighborhood rating of 74 further suggest potential challenges in attracting long-term family tenants at this price.
Potential vacancy risk: The economic stability score of 75 suggests a moderately stable market, while the tenant stability score of 70 indicates some potential for turnover, which could affect cash flow.
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