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.
3-bedroom, 3-bathroom apartment of 157 m² on the 2nd floor, energy rating B. Located on avenida da Boavista, 67, Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória parish, Porto municipality, Porto district. Noteworthy Features: This apartment features a magnificent balcony overlooking Avenida da Boavista, enhancing outdoor living and city views in Porto's vibrant landscape.
The valuation. The asking price of €660,000 is significantly above the fair value of €558,699, indicating that the property is overpriced by €101,301 or 18.1%. This discrepancy suggests a need for a critical review before any purchase decision.
Fair value modelled at €558,699 from 6 comparable sales in the area. Asking €660,000 sits €101,301 (18.1%) above — overpriced versus fair value.
Asking €660,000 versus the avenida da Boavista, 67 area baseline of €475,291 (€3,027/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 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 €475,291, adjusted for condition and micro-location, gives a modelled fair value of €558,699 (€3,559/m²), a €101,301 (18.1%) gap versus the €660,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida da Boavista, 67 | Subject | €660,000 | €4,204 | — | 80 | 80 |
| rua de Ricardo Severo S / N | Active | €620,000 | €4,493 | 6.9% | 79 | 78 |
| rua Carlos Malheiro Dias, 199 | Active | €650,000 | €3,824 | 9.0% | 78 | 72 |
| rua Jorge Dias | Active | €560,000 | €3,011 | 28.4% | 80 | 68 |
| rua de Santo Isidro | Active | €415,000 | €3,294 | 21.7% | 80 | 78 |
| Median comp | €590,000 | €3,559 | 15.3% | 80 | 75 |
Long-term rental The 3-bed apartment in Cedofeita displays a gross yield of only 2.8%, indicating low rental income relative to its purchase price. With a listing price of €660,000, it is overpriced by 18.1% compared to the fair value of €558,699, making it a less attractive long-term investment. Short-term vacation rental While the apartment's location in a central urban area may attract tourists, the high listing price combined with a significant gap from fair value suggests limited profitability in the short-term rental market. The substantial 18.1% premium over fair value renders this investment less favorable for generating solid returns. Buy-and-hold Investing in this property for long-term capital appreciation is not advisable, as it is currently overpriced at €660,000, making it less likely to yield satisfactory returns. The fair value being only €558,699 indicates that holding this property may not align with prudent investment strategy due to the substantial valuation gap.
Economic downturn risk With an economic stability score of 80/100, there is a moderate risk that fluctuations in the economy could affect tenant retention, especially given the tenant stability score of 75/100 indicating potential challenges in maintaining occupancy rates during economic shifts.
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