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.
5-bedroom, 2-bathroom house of 280 m², built in 1950. Located on rua do Bonjardim, 961, Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória parish, Porto municipality, Porto district. This property offers the unique potential for a rooftop terrace, taking advantage of its east-west orientation and central location for city views.
The valuation. The asking price of €550,000 sits 10.0% below the fair value of €611,208, indicating the property is underpriced and presents an attractive opportunity for savvy investors. Buy-to-flip angle. The buy-to-flip strategy could capitalize on the property's below-average condition by investing in renovations to enhance its appeal, allowing for a targeted resale at a higher price following improvements. Buy-to-let angle. The estimated gross yield of 6.3% translates to approximately €2,888 per month, making this property a strong candidate for long-term rental, especially given its central location in a sought-after Porto neighborhood.
Fair value modelled at €611,208 from 6 comparable sales in the area. Asking €550,000 sits €61,208 (10.0%) below — the upside to fair value.
Asking €550,000 versus the rua do Bonjardim, 961 area baseline of €910,760 (€3,253/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 21/100 is below the parish average, reducing 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 €910,760, adjusted for condition and micro-location, gives a modelled fair value of €611,208 (€2,183/m²), a €61,208 (10.0%) gap versus the €550,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Bonjardim, 961 | Subject | €550,000 | €1,964 | — | — | 75 |
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · 57f909 | Active | €355,000 | €1,972 | 0.4% | 12 | 74 |
| rua do Gerês, 131 | Active | €315,000 | €2,072 | 5.5% | 19 | 80 |
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · ba5c01 | Active | €550,000 | €2,594 | 32.1% | 25 | 68 |
| rua da Constituição | Active | €590,000 | €2,287 | 16.4% | 25 | 74 |
| Median comp | €452,500 | €2,180 | 11.0% | 22 | 74 |
Long-term rental The property in Cedofeita offers a gross yield of 6.3%, making it an attractive option for long-term rental in a thriving area of Porto. With the fair value at €611,208 and a listing price of €550,000, there is a 10% gap that supports the potential for consistent rental income. Buy-and-hold Investing in this 5-bed house allows for capital appreciation over time, particularly in a neighborhood rated 75/100 for desirability. The fair value suggests that even at €550,000, the property is subvalorizada, ensuring beneficial growth in a community that boasts significant urban amenities and strong tenant demand. Family rental This property is well-suited for families, given its spaciousness and location in a central Porto neighborhood with quality amenities. Its current pricing indicates that it is subvalorizada at €550,000 compared to the fair value of €611,208, positioning it as a compelling option for long-term family rentals.
Economic downturn risk A slight decline in the economic stability score to 80 may lead to reduced demand for rental properties, impacting tenant retention and rental income potential.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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