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.
2-bedroom, 1-bathroom apartment of 79 m² on the 3rd floor, built in 1988, energy rating D. Located Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória parish, Porto municipality, Porto district. This apartment features high ceilings that enhance the feeling of spaciousness and a contemporary design that merges comfort with functionality.
The valuation. The asking price of €355,000 sits €65,626 (15.6%) below the fair value of €420,626, indicating that the property is currently subpriced compared to its market potential. Buy-to-flip angle. The strategy involves renovating this 2-bed apartment to enhance its appeal, then reselling at a higher price to capture the significant markup potential inherent in this underpriced asset. Buy-to-let angle. With an estimated rental income of €1,124 per month, the gross yield stands at 3.8%, making it an attractive long-term hold for steady cash flow in Porto's developing neighborhood.
Fair value modelled at €420,626 from 6 comparable sales in the area. Asking €355,000 sits €65,626 (15.6%) below — the upside to fair value.
Asking €355,000 versus the Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória, Porto, Porto area baseline of €394,324 (€4,991/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 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 €394,324, adjusted for condition and micro-location, gives a modelled fair value of €420,626 (€5,324/m²), a €65,626 (15.6%) gap versus the €355,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · 38b51f | Subject | €355,000 | €4,494 | — | 72 | 79 |
| rua Vitorino Nemésio | Active | €279,000 | €5,264 | 17.1% | 72 | 71 |
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · 5ed0e2 | Active | €388,000 | €6,361 | 41.5% | 72 | 71 |
| rua da Saudade, 76 | Active | €396,000 | €4,889 | 8.8% | 71 | 78 |
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · 6a919d | Active | €350,000 | €5,385 | 19.8% | 71 | 73 |
| Median comp | €369,000 | €5,325 | 18.5% | 72 | 72 |
Long-term rental This 2-bed apartment in Porto presents a strong long-term rental opportunity with a fair value of €420,626, which indicates a favorable gap of 15.6% from the listing price of €355,000. With a gross yield of 3.8% and an excellent neighbourhood rating of 79/100, it is poised to attract quality tenants. Short-term vacation rental The property is well-positioned for short-term vacation rental, benefiting from its urban location near Porto's city center and the high demand for accommodation in the area. With a condition score of 75/100 and a suitable yield of 3.8%, it allows for competitive pricing, appealing to both short-term visitors and tourists. Buy-and-hold As an investment property, this apartment offers a reliable buy-and-hold strategy, with strong fundamentals reflected in its fair value of €420,626 and a gap of 15.6% compared to the listing price. The positive neighbourhood score of 79/100 indicates potential for property appreciation over time, making it an attractive long-term hold. Not ideal for This property is not suitable for agricultural development, industrial use, or student housing due to its urban setting and residential characteristics.
Economic Volatility Risk The property may face challenges due to its economic stability score of 80/100, which indicates potential fluctuations that could impact long-term tenant retention despite a fair tenant stability score of 75/100.
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