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.
1-bedroom, 1-bathroom apartment of 49 m² on the 2nd floor, energy rating A+. Located on rua de Fernandes Tomás, 651, Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória parish, Porto municipality, Porto district. Noteworthy Features: This apartment includes integrated smart home technology for enhanced convenience and energy efficiency, alongside a private balcony offering panoramic city views.
The valuation. The asking price of €290,000 is positioned below the fair value of €318,500, representing an 8.9% difference. This property is fairly priced, making it an appealing option for savvy investors.
Fair value modelled at €318,500 from 6 comparable sales in the area. Asking €290,000 sits €28,500 (8.9%) below — the upside to fair value.
Asking €290,000 versus the rua de Fernandes Tomás, 651 area baseline of €295,581 (€6,032/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 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 €295,581, adjusted for condition and micro-location, gives a modelled fair value of €318,500 (€6,500/m²), a €28,500 (8.9%) gap versus the €290,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua de Fernandes Tomás, 651 | Subject | €290,000 | €5,918 | — | 87 | 79 |
| rua de Faria Guimarães, 804 | Active | €350,000 | €7,955 | 34.4% | 87 | 75 |
| Paranhos · 1f345f | Active | €240,000 | €5,106 | 13.7% | 75 | 75 |
| rua dos Vanzeleres, 107 | Active | €390,000 | €6,500 | 9.8% | 85 | 85 |
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · b7b515 | Active | €390,000 | €6,500 | 9.8% | 80 | 73 |
| Median comp | €370,000 | €6,500 | 9.8% | 83 | 75 |
Long-term rental The property presents a gross yield of 4.1%, which is a reasonable return in the Porto market context, although it does not significantly exceed the fair value. Given the 79/100 neighborhood score, tenant quality and demand for long-term rentals remain stable, but its pricing reflects a fair market rate rather than an opportunity for considerable upside. Short-term vacation rental While the gross yield of 4.1% suggests potential for steady revenue generation, the property is priced at a fair value compared to its market peers. The high tourist attraction in Porto can support short-term rental demand, yet the current asking price does not present a compelling purchase case in an already competitive market. Buy-and-hold This property, situated in a neighborhood with a score of 79/100, offers a fair investment opportunity but lacks significant financial upside based on its €290,000 listing price versus a fair value of €318,500. Investors can expect stable value appreciation in line with Porto's urban growth, but the price aligns closely to market valuations without discount. Not ideal for: Luxury market, Student housing, Value-add renovation
Tenant turnover risk High tenant turnover may be a concern given the tenant stability score of 70/100, which could lead to increased vacancy rates and associated costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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