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, 3-bathroom apartment of 153 m² on the 4th floor, built in 1999, energy rating D. Located on travessa da Figueirôa, Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória parish, Porto municipality, Porto district. This apartment features two parking spaces, a rare asset in central Porto, and a spacious balcony offering city views, enhancing urban living in a vibrant neighborhood.
The valuation. The asking price of €489,000 is significantly above the fair value of €382,999, reflecting an overvaluation of €106,001 (27.7%). This discrepancy suggests the property is overpriced relative to market expectations.
Fair value modelled at €382,999 from 6 comparable sales in the area. Asking €489,000 sits €106,001 (27.7%) above — overpriced versus fair value.
Asking €489,000 versus the travessa da Figueirôa area baseline of €331,153 (€2,164/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 €331,153, adjusted for condition and micro-location, gives a modelled fair value of €382,999 (€2,503/m²), a €106,001 (27.7%) gap versus the €489,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| travessa da Figueirôa | Subject | €489,000 | €3,196 | — | 74 | 75 |
| avenida da República | Active | €379,900 | €2,435 | 23.8% | 73 | 72 |
| rua de Serpa Pinto | Active | €355,000 | €2,773 | 13.2% | 75 | 80 |
| rua Daniel Filipe, 64 | Active | €364,000 | €3,221 | 0.8% | 75 | 74 |
| Santa Marinha e São Pedro da Afurada · 9387a9 | Active | €335,000 | €2,147 | 32.8% | 70 | 70 |
| Median comp | €359,500 | €2,604 | 18.5% | 74 | 73 |
Long-term rental The property is overpriced by 27.7% compared to its fair value, which limits the potential for significant long-term cash flow returns. Additionally, with a 4% gross yield and a condition score of 78, this investment presents a challenge in achieving optimal rental income in a competitive market. Family rental As this property is priced above fair value, it may deter families seeking affordable living options in the area. The neighborhood's amenities are decent, scoring 75, but the overall investment return may be compromised due to the high asking price. Buy-and-hold The current price of €489,000 positions this investment as overpriced, which could hinder capital appreciation over time. While the neighborhood offers good employment opportunities, the rental yield of 4% is not compelling enough to justify the elevated price. Not ideal for Luxury market, Short-term vacation rental, Student housing.
Tenant turnover risk The tenant stability score of 70 indicates a risk of higher tenant turnover, which could lead to increased vacancy rates and additional costs of re-letting the property.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
