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, 1-bathroom house of 152 m², built in 1921. Located on rua do Gerês, 131, Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória parish, Porto municipality, Porto district. Significant Potential: The property includes an approved PIP for extensive renovations, enabling a transformed living space that captures the historic charm of Porto's architecture.
The valuation. The asking price of €315,000 sits €32,597 (9.4%) below the fair value of €347,597, indicating a fair valuation for the property given its current condition and market trends.
Fair value modelled at €347,597 from 6 comparable sales in the area. Asking €315,000 sits €32,597 (9.4%) below — the upside to fair value.
Asking €315,000 versus the rua do Gerês, 131 area baseline of €498,820 (€3,282/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 24/100 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 €498,820, adjusted for condition and micro-location, gives a modelled fair value of €347,597 (€2,287/m²), a €32,597 (9.4%) gap versus the €315,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Gerês, 131 | Subject | €315,000 | €2,072 | — | 19 | 80 |
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · ba5c01 | Active | €550,000 | €2,594 | 25.2% | 25 | 68 |
| Paranhos · 6d551f | Active | €215,000 | €2,240 | 8.1% | — | 70 |
| Paranhos · 389434 | Active | €330,000 | €943 | 54.5% | — | 71 |
| rua da Constituição | Active | €590,000 | €2,287 | 10.3% | 25 | 74 |
| Median comp | €440,000 | €2,264 | 9.2% | 25 | 71 |
Long-term rental The property presents a gross yield of 6.7%, which is competitive given Porto's diverse employment landscape and strong demand for long-term housing. Being in a neighbourhood rated 80/100 enhances its appeal to potential tenants, ensuring steady occupancy rates. Buy-and-hold With a fair value of €347,597 compared to a listing price of €315,000, the investment maintains a reasonable price point allowing for potential appreciation over time. The property’s location in a robust urban center with solid infrastructural support positions it well for passive income and capital growth. Family rental The spacious 152m² layout is conducive to family living, and the proximity to quality amenities in a highly-rated neighbourhood will attract long-term tenants. The overall condition at 24/100 suggests that some renovation may be needed, but this can be viewed as an opportunity to add value for families seeking a home in Porto. Not ideal for short-term vacation rental Due to the property’s condition rating of 24/100, it may not meet the higher standards required for short-term rentals. Additionally, competition in the short-term market is strong, making this property less suitable for such a strategy. Not ideal for luxury market The property does not align with luxury market standards, emphasizing the need for improvements which may detract from its attraction at a premium price level. Furthermore, a gross yield of 6.7% indicates that this property is positioned for affordability rather than luxury appeal.
Tenant turnover risk With a tenant stability score of 75/100, there is an elevated risk of tenant turnover, which can disrupt cash flow and lead to increased vacancy rates.
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