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, 2-bathroom apartment of 107 m², energy rating C. Located Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória parish, Porto municipality, Porto district. Noteworthy Features: The apartment boasts a charming winter garden that fills the space with natural light, enhancing its tranquil atmosphere in downtown Porto.
The valuation. The asking price of €380,000 sits significantly above the fair value of €258,401, making it overpriced by €121,599 (47.1%). This disparity suggests a lack of alignment with market expectations. Buy-to-flip angle. A resale strategy could involve renovations to enhance appeal, although the current valuation limits profitability potential for flipping this property. Targeting buyers with a budget above the asking price may prove challenging. Buy-to-let angle. The rental income strategy estimates a gross yield of 3.9%, generating approximately €1,235 per month. This return may attract long-term tenants, especially given the neighborhood's urban amenities and access to employment opportunities.
Fair value modelled at €258,401 from 6 comparable sales in the area. Asking €380,000 sits €121,599 (47.1%) above — overpriced versus fair value.
Asking €380,000 versus the Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória, Porto, Porto area baseline of €231,197 (€2,161/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price below the wider parish average — a hyper-local discount distinct from the parish baseline.
Base gap of €231,197, adjusted for condition and micro-location, gives a modelled fair value of €258,401 (€2,415/m²), a €121,599 (47.1%) gap versus the €380,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · 3a71b9 | Subject | €380,000 | €3,551 | — | 80 | 73 |
| Mafamude e Vilar do Paraíso · b32bda | Active | €265,000 | €2,431 | 31.5% | 74 | 73 |
| rua Machado dos Santos, 316 | Active | €379,000 | €2,399 | 32.5% | 85 | 73 |
| Campanhã · 93761a | Active | €435,000 | €2,939 | 17.2% | 82 | 77 |
| rua Mouzinho de Albuquerque, 357 | Active | €437,500 | €1,894 | 46.7% | 79 | 70 |
| Median comp | €407,000 | €2,415 | 32.0% | 81 | 73 |
Long-term rental This 2-bed apartment in Porto, listed at €380,000, is overpriced with a fair value of only €258,401, presenting a gap of 47.1%. The gross yield of 3.9% does not compensate for the overvaluation, making it a less attractive option for long-term rental investors. Buy-and-hold Given the current listing price, the apartment reflects an unjustifiable valuation compared to its fair value of €258,401, resulting in a 47.1% premium. Purchasing at this price could expose investors to greater risk without adequate return potential. Family rental While the apartment offers decent amenities and condition ratings, its current price of €380,000 is significantly above the fair value estimate of €258,401. This gap of 47.1% suggests that the property may not provide a good long-term rental opportunity for families at this cost.
Economic Downturn Risk The property has an economic stability score of 80/100, indicating a stable environment, but the tenant stability score of 60/100 suggests a potential risk for increased vacancy rates or tenant turnover, which could impact rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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