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 167 m² on the 2nd floor. Located on rua de Serpa Pinto, Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória parish, Porto municipality, Porto district. This apartment's design features a spacious sunroom connected to the kitchen and private terrace, enhancing outdoor living while preserving the home's modern aesthetic.
The valuation. The asking price of €520,000 significantly exceeds the fair value of €432,404, representing a 20.3% premium. Thus, the property is considered overpriced. Buy-to-flip angle. The buy-to-flip strategy would require improvements to enhance the apartment's appeal, targeting resale to capitalize on market demand in Porto. A profitable flipping margin could be achieved with careful renovations. Buy-to-let angle. A buy-to-let strategy could generate a gross rental income of approximately €1,473 per month, yielding 3.4%. Positioning the apartment for family rentals in the semi-urban area caters to long-term tenants.
Fair value modelled at €432,404 from 6 comparable sales in the area. Asking €520,000 sits €87,596 (20.3%) above — overpriced versus fair value.
Asking €520,000 versus the rua de Serpa Pinto area baseline of €365,582 (€2,189/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 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 €365,582, adjusted for condition and micro-location, gives a modelled fair value of €432,404 (€2,589/m²), a €87,596 (20.3%) gap versus the €520,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua de Serpa Pinto | Subject | €520,000 | €3,114 | — | 78 | 69 |
| Bonfim · 28bb74 | Active | €498,000 | €1,968 | 36.8% | 74 | 72 |
| rua de António Cândido, 314 | Active | €449,000 | €2,641 | 15.2% | 76 | 70 |
| rua da Azenha | Active | €299,498 | €2,852 | 8.4% | 77 | 83 |
| rua de Monte Alegre | Active | €317,000 | €3,484 | 11.9% | 73 | 75 |
| Median comp | €383,000 | €2,747 | 11.8% | 75 | 74 |
Long-term rental The property is currently overpriced by 20.3% compared to its fair value of €432,404, limiting potential for attractive long-term returns. With a gross yield of 3.4%, the financial performance does not justify the elevated listing price given the average neighborhood score of 69/100. Family rental Given the property's condition rating of 80/100 and the local neighborhood score of 69/100, it may appeal to families seeking stability. However, the 20.3% premium over fair value suggests that the investment may not deliver optimal family rental returns. Buy-and-hold Investing in this property as a buy-and-hold strategy poses risks due to its current 20.3% premium, which could hinder long-term appreciation. While the location in semi-urban Porto offers some potential, the financial metrics indicate that it is overpriced for sustainable growth.
Tenant turnover risk High tenant turnover could occur due to a slightly below-average Tenant Stability score of 75/100, potentially impacting occupancy rates and rental income.
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