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 70 m² on the 2nd floor, energy rating C. Located on rua da Alegria, 19, Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória parish, Porto municipality, Porto district. This apartment offers a unique view of Coliseu do Porto from its rear enclosed balcony, enhancing its charm and rental appeal in a sought-after neighborhood.
The valuation. The asking price of €289,000 sits €66,362 above the fair value of €222,638, representing a 29.8% overvaluation. This indicates the property is overpriced in the current market.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Alegria, 19 | Subject | €289,000 | €4,129 | — | — | 76 |
| Santa Marinha e São Pedro da Afurada · 6530c2 | Active | €260,000 | €2,955 | 28.4% | — | 76 |
| rua de Oliveira Monteiro, 183 | Active | €319,000 | €4,143 | 0.3% | 55 | 80 |
| rua do Falcão, 382 | Active | €280,000 | €3,256 | 21.1% | 70 | 77 |
| rua Gil Vicente | Active | €236,000 | €3,105 | 24.8% | — | 73 |
| Median comp | €270,000 | €3,181 | 23.0% | 63 | 77 |
Long-term rental The 2-bed apartment in Porto is listed at €289,000, which is 29.8% higher than its fair value of €222,638, making it a less attractive long-term rental investment. Despite a reasonable gross yield of 5.1%, the pricing indicates a significant overvaluation that could affect rental profitability. Student housing While the apartment is well-located near central Porto, its current asking price of €289,000 exceeds the fair value by 29.8%, suggesting a lack of financial feasibility for student housing opportunities. The property’s appeal to students may be compromised by the inflated cost, limiting potential rental margins. Buy-and-hold Given the property’s 29.8% gap above its fair value of €222,638, investing in this 2-bed apartment as a buy-and-hold strategy does not present an appealing financial outlook. The high asking price could hinder both short-term gains and long-term appreciation potential in an already competitive market.
Tenant turnover risk The tenant stability score of 65/100 suggests a higher likelihood of tenant turnover, which may lead to increased vacancy rates and associated costs.
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