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, 2-bathroom apartment of 134 m² on the 3rd floor, built in 1988, energy rating E. Located on rua de Santa Catarina, Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória parish, Porto municipality, Porto district. Noteworthy Features: The apartment is located on the vibrant Rua de Santa Catarina, offering an authentic Porto experience with excellent accessibility to public transport and local amenities.
The valuation. The asking price of €460,000 is substantially above the fair value of €348,072, resulting in an overpricing of €111,928 (32.2%). This valuation indicates a significant disparity, making it less appealing as a purchasing investment.
Fair value modelled at €348,072 from 6 comparable sales in the area. Asking €460,000 sits €111,928 (32.2%) above — overpriced versus fair value.
Asking €460,000 versus the rua de Santa Catarina area baseline of €328,746 (€2,453/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 71/100 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 €328,746, adjusted for condition and micro-location, gives a modelled fair value of €348,072 (€2,598/m²), a €111,928 (32.2%) gap versus the €460,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua de Santa Catarina | Subject | €460,000 | €3,433 | — | 67 | 75 |
| rua das Artes | Active | €279,900 | €2,744 | 20.1% | 72 | 75 |
| rua António Cândido | Active | €310,000 | €3,039 | 11.5% | — | 70 |
| rua do Amial | Active | €375,000 | €2,451 | 28.6% | 72 | 75 |
| rua Padre Costa | Active | €326,000 | €2,025 | 41.0% | 60 | 68 |
| Median comp | €318,000 | €2,598 | 24.3% | 72 | 73 |
Long-term rental The property is overpriced at €460,000 compared to a fair value of €348,072, creating a significant gap of 32.2%. Given the gross yield of 3.9%, investors may find better returns elsewhere in the Porto area. Buy-and-hold Investing in this property for the long-term could prove challenging due to its current overvaluation; while the neighborhood scores well at 75/100, the price does not reflect an appealing investment opportunity. With the market's dynamics, potential capital appreciation seems limited. Value-add renovation Although the property condition is moderately favorable at 71/100, the high purchase price makes it less attractive for a value-add strategy. Renovations may improve its marketability, but the gap from fair value diminishes potential profitability in an already overpriced market.
Economic Sensitivity Risk The property has an economic stability score of 80/100, indicating strong overall economic conditions; however, a tenant stability score of 70/100 suggests potential vulnerability to tenant turnover or economic changes affecting rent consistency.
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