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, 0-bathroom apartment of 110 m², energy rating D. Located Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória parish, Porto municipality, Porto district. This property offers a unique winter garden that can serve as an extra bedroom, enhancing flexibility and functionality in a compact living space.
The valuation. The asking price of €580,000 is significantly below the fair value of €681,321, creating a favorable position for potential buyers by being underpriced by €101,321 (14.9%). Buy-to-flip angle. Investors can acquire this apartment and optimize its condition to heighten appeal before resale, leveraging the competitive Porto market for a potential profit margin. Buy-to-let angle. With an estimated gross yield of 2.9%, generating approximately €1,402 per month, this property presents a stable long-term rental opportunity in a desirable urban area.
Fair value modelled at €681,321 from 6 comparable sales in the area. Asking €580,000 sits €101,321 (14.9%) below — the upside to fair value.
Asking €580,000 versus the Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória, Porto, Porto area baseline of €649,359 (€5,903/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 €649,359, adjusted for condition and micro-location, gives a modelled fair value of €681,321 (€6,194/m²), a €101,321 (14.9%) gap versus the €580,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · 38b745 | Subject | €580,000 | €5,273 | — | 80 | 80 |
| rua Álvares Cabral | Active | €340,000 | €6,667 | 26.4% | 75 | 68 |
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · 6a919d | Active | €350,000 | €5,385 | 2.1% | 71 | 73 |
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · 5ed0e2 | Active | €388,000 | €6,361 | 20.6% | 72 | 71 |
| avenida da República, 376 | Active | €275,000 | €5,500 | 4.3% | 74 | 76 |
| Median comp | €345,000 | €5,931 | 12.5% | 73 | 72 |
Long-term rental With a gross yield of 2.9%, this property offers stable cash flow potential, especially in an area like Porto that benefits from a strong economic backdrop and an appealing cultural scene. Given its fair value of €681,321, it presents a compelling opportunity for long-term rental investors looking to capitalize on a subvalued asset. Buy-and-hold The property, located in a neighborhood rated 80/100, is poised to appreciate over time, bolstered by Porto's ongoing urban growth and cultural significance. Investors can expect the value to rise closer to the fair value of €681,321 while enjoying a reliable rental income in the interim. Family rental In a well-rated neighborhood, this property is suitable for families seeking spacious living arrangements in a vibrant urban environment. Its fair value suggests that this is an attractive option for investors targeting long-term residential tenants, providing consistent rental income while assuring appreciation potential.
Tenant turnover risk High tenant turnover may occur given the Tenant stability score of 75/100, potentially affecting rental income stability and requiring additional leasing efforts.
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
