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.
4-bedroom, 3-bathroom apartment of 147 m² on the 2nd floor, built in 1977. Located on rua da Constituição, Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória parish, Porto municipality, Porto district. Noteworthy Features: The apartment boasts an impressive garage space of 11.8 m², and its prime location on Rua da Constituição enhances its investment potential in a high-demand area of Porto.
The valuation. The asking price of €370,000 sits 8.4% below the fair value of €403,999, indicating the property is fairly valued in the market. This positioning suggests a balanced opportunity for investment without substantial overvaluation concerns.
Fair value modelled at €403,999 from 6 comparable sales in the area. Asking €370,000 sits €33,999 (8.4%) below — the upside to fair value.
Asking €370,000 versus the rua da Constituição area baseline of €474,126 (€3,225/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 48/100 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 €474,126, adjusted for condition and micro-location, gives a modelled fair value of €403,999 (€2,748/m²), a €33,999 (8.4%) gap versus the €370,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Constituição | Subject | €370,000 | €2,517 | — | 48 | 75 |
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · 93717c | Active | €395,000 | €3,038 | 20.7% | 45 | 76 |
| rua Senhora Penha | Active | €299,000 | €2,300 | 8.6% | 40 | 75 |
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · 439199 | Active | €359,000 | €2,762 | 9.7% | 60 | 79 |
| praça do Marquês a | Active | €395,000 | €3,160 | 25.5% | 52 | 75 |
| Median comp | €377,000 | €2,900 | 15.2% | 49 | 76 |
Long-term rental Despite the property’s fair valuation at €370,000, the 4-bed apartment offers a reasonable yield of 4.8%, making it a viable option for long-term tenants looking for space in Porto's northern suburbs. However, there's little room for appreciation given that its current market price is just 8.4% below fair value, which limits potential investment upside. Family rental With a condition score of 48/100, this apartment may require some renovations, but it is suitable for larger families attracted to the neighborhood's amenities and spacious living arrangements. Although the property is considered fair value, the appeal to families looking for permanent residence could ensure stable tenant demand, stabilizing cash flow but capping highs due to its pricing. Buy-and-hold As a buy-and-hold investment, this property is strategically located, benefiting from a neighborhood score of 75/100 that indicates good viability for future value but is priced fairly relative to its true market value. Investors should be cautious, as potential appreciation is limited by the size of the gap to fair value, and existing conditions may require attention before significant gains can be realized. Short-term vacation rental This property is not ideal for short-term vacation rental due to its average condition and fair market price, which may not yield the desired profit margin in a competitive tourist-driven market. The configuration may appeal more to long-term residents rather than the seasonal visitors typically attracted to Porto’s vibrant tourist areas.
Market Vulnerability The scores of 75/100 in both economic and tenant stability indicate a moderate risk where fluctuations in the local economy could adversely affect rental income and property value.
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