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.
6-bedroom, 7-bathroom house of 224 m², energy rating B. Located on rua do Bonjardim, Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória parish, Porto municipality, Porto district. This property boasts a private rooftop terrace and the potential for significant rental income, given its prime location and active Local Accommodation license.
The valuation. The asking price of €950,000 sits just slightly above the fair value of €945,243, marking a difference of €4,757 (0.5%). This property is priced fairly for the current market conditions.
Fair value modelled at €945,243 from 6 comparable sales in the area. Asking €950,000 sits €4,757 (0.5%) above — overpriced versus fair value.
Asking €950,000 versus the rua do Bonjardim area baseline of €871,036 (€3,889/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 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 €871,036, adjusted for condition and micro-location, gives a modelled fair value of €945,243 (€4,220/m²), a €4,757 (0.5%) gap versus the €950,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Bonjardim | Subject | €950,000 | €4,241 | — | 73 | 77 |
| rua de Miraflor | Active | €880,000 | €3,014 | 28.9% | 80 | 75 |
| rua Daciano Baptista Marques, 245 | Active | €1,295,000 | €3,338 | 21.3% | 70 | 74 |
| rua de Álvares Cabral S / N | Active | €6,500,000 | €5,102 | 20.3% | 85 | 73 |
| rua de António Cardoso, 85A | Active | €3,700,000 | €5,556 | 31.0% | 77 | 80 |
| Median comp | €2,497,500 | €4,220 | 0.5% | 79 | 75 |
Long-term rental The property in Cedofeita offers a modest gross yield of 3%, which aligns with the current rental demand in the area. However, as the property is priced fairly at €950,000, it may not provide significant upside for long-term cash flow. Buy-and-hold With a fair value of €945,243, this property serves as a reasonable buy-and-hold investment given its location in central Porto. The stable neighbourhood characteristics support modest appreciation prospects, though the potential for exceptional returns is limited due to the current valuation. Value-add renovation While the property is in a respectable condition (77/100), any value-add renovation plans may need to factor in significant costs to enhance its appeal. Given the fair pricing, the opportunity for substantial value creation through renovation appears limited, making it less attractive for this strategy. Short-term vacation rental This property is not ideal for short-term vacation rental due to its pricing relative to prevailing market demands. Additionally, the current market dynamics and property features suggest a more stable long-term rental approach may be preferable instead.
Tenant turnover risk The tenant stability score of 75/100 indicates a moderate risk of turnover, which could impact cash flow stability and increase vacancy costs over time.
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